Tue, Mar 25, 7:56 PM (32 days ago)
**Toyota Auto Receivables 2022-B Owner Trust (Ticker: Not Applicable)** **Financial Performance:** - The document does not provide specific financial figures for revenue, net income, or operating expenses. **Strategic Overview & Future Outlook:** - The trust focuses on auto receivables, with no single obligor representing 10% or more of the asset pool. - There is no external credit enhancement or derivative instruments supporting the pool assets or the issued notes and certificates. - The trustee, U.S. Bank Trust Co., has faced litigation related to its trustee role in other securities, but it denies liability and plans to contest the claims. **Risk Factors:** - Legal proceedings against U.S. Bank Trust Co. and its affiliate, U.S. Bank N.A., related to their roles as trustees in other securities. - Potential impact of these litigations on the trustee and the trust. **Financial Condition & Market Position:** - The trust has no voting or non-voting common equity outstanding held by non-affiliates. - The trustee maintains accounts in the name of the Indenture Trustee at U.S. Bank N.A. **Changes and Amendments:** - The document is a standard 10-K form with no specific amendments or changes reported. - The trust has complied with servicing criteria, with no material instances of noncompliance identified. **Note:** The document is a standard 10-K form with limited financial information, as it pertains to a trust focused on auto receivables. The main points of interest are the legal proceedings involving the trustee and the trust's compliance with servicing criteria.