Tue, May 21, 9:15 PM (153 days ago)
The CarMax Auto Owner Trust 2020-4 (the "Issuing Entity") has filed its annual report on Form 10-K for the fiscal year ended February 29, 2024. The report confirms compliance with the Securities Exchange Act of 1934, with no significant changes in market position, financial condition, or legal proceedings affecting the entity. Key highlights include: - No single obligor represents 10% or more of the pool assets. - No external credit enhancement or support for payment on pool assets or asset-backed notes. - No material noncompliance issues identified in the Servicing Reports or Attestation Reports by the independent registered public accounting firms. - The Servicer has completed a Compliance Statement confirming adherence to servicing criteria. The report omits specific financial data, market risk disclosures, and management's discussion and analysis, focusing instead on compliance and regulatory disclosures. This filing indicates stable operational and compliance status without significant risks or changes impacting the entity's financial performance.