What changed
CarMax Auto Funding LLC, as depositor, entered a Sale and Servicing Agreement dated as of September 1, 2026 with CarMax Select Receivables Trust 2026-C as issuer and CarMax Business Services, LLC as servicer. The agreement covers conveyance of trust property, servicing duties, collections and distributions, reserve account mechanics, and servicing termination provisions. No revenue, earnings, or guidance figures were disclosed.
Why it matters
CarMax Auto Funding LLC, as depositor, entered a Sale and Servicing Agreement dated as of September 1, 2026 with CarMax Select Receivables Trust 2026-C as issuer and CarMax Business Services, LLC as s