Tue, May 21, 9:14 PM (66 days ago)
The 10-K report for CarMax Auto Owner Trust 2020-3, filed for the fiscal year ending February 29, 2024, provides an overview of compliance and regulatory information, omitting detailed financial performance data. Notably, there are no significant obligors representing 10% or more of the pool assets, and no external credit enhancements or derivatives are reported. The report confirms compliance with servicing criteria, with no material instances of noncompliance identified by CarMax Business Services, LLC, and Wilmington Trust. No legal proceedings are pending against the involved entities. The report includes various compliance certifications and attestation reports but lacks specific financial statements, market risk disclosures, and management discussions. This document is primarily regulatory and procedural, with no significant changes or financial insights impacting market positions or future outlooks.