# EDGAR Filing Document

**Accession Number:** 0002085641
**File Stem:** 0001140361-25-039892
**Filing Date:** 2025-10
**Character Count:** 29223
**Document Hash:** b3719d444b820ee538e3bb0473410288
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-039892.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001140361-25-039892

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20251030

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251030

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Other

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMDR ABS Master Depositor Trust
- **CENTRAL INDEX KEY:** 0002085641

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-08049
- **FILM NUMBER:** 251437295

**BUSINESS ADDRESS:**
- **STREET 1:** 18200 VON KARMAN AVE
- **STREET 2:** SUITE 500
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
- **BUSINESS PHONE:** 800-291-0172

**MAIL ADDRESS:**
- **STREET 1:** 18200 VON KARMAN AVE
- **STREET 2:** SUITE 500
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMDR ABS Master Depositor Trust
- **CENTRAL INDEX KEY:** 0002085641

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 18200 VON KARMAN AVE
- **STREET 2:** SUITE 500
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
- **BUSINESS PHONE:** 800-291-0172

**MAIL ADDRESS:**
- **STREET 1:** 18200 VON KARMAN AVE
- **STREET 2:** SUITE 500
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612

------

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM ABS-15G

#### ASSET-BACKED SECURITIZER

#### REPORT PURSUANT TO SECTION 15G OF

#### THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

☐ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period

_______________ to ______________

<br> Date of Report (Date of earliest event reported) <u><br> </u> <br>

<br> Commission File Number of securitizer:<br> <u><br> </u> <br>

<br> Central Index Key Number of securitizer:<br> <u><br> </u> <br>

<br> <u> <br> </u> <br>Name and telephone number, including area code, of the person to contact in connection with this filing. <br>

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ☐

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐ <br>

☒ Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

## AMDR ABS Trust 2025-1

#### (Exact name of issuing entity as specified in its charter)
<br> Central Index Key Number of depositor: <u>0002085641</u> <br>

<br> Central Index Key Number of issuing entity (if applicable): <br> <u>0002085641</u> <br>

<br> Central Index Key Number of underwriter (if applicable): <br> <u>Not applicable <br> </u> <br>

<u>Nima Vahdat, (949) 323-4431</u>

Name and telephone number, including area code, of the person to

contact in connection with this filing

------

#### PART II: FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS

#### Item 2.01: Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer
The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as an exhibit to this Form ABS-15G. Please see Exhibit Index for the related information.

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| |
|:---|
| AMDR ABS MASTER DEPOSITOR TRUST |
| By: Americor Funding, LLC, as settlor |

---

---

| | |
|:---|:---|
| By: | /s/ Barry Rafferty |
| Name: Barry Rafferty | Name: Barry Rafferty |
| Title: Chief Financial Officer | Title: Chief Financial Officer |

---

Date: October 30, 2025 <br>

------

#### EXHIBIT INDEX

---

| | |
|:---|:---|
| **[Exhibit 99.1](ef20058024_ex99-1.htm)** | Independent Accountants' Report on Applying Agreed-Upon Procedures, dated September 29, 2025. |
| **[Exhibit 99.2](ef20058024_ex99-2.htm)** | Independent Accountants' Report on Applying Agreed-Upon Procedures, dated October 29, 2025. |

---

------

## Exhibit 99.1

------

**Exhibit 99.1**<br>

---

| | |
|:---|:---|
| ![](image0.jpg) | **Deloitte & Touche LLP**<br> 3 Second Street<br> Suite 301<br> Harborside Plaza 10<br> Jersey City, NJ 07302<br> USA<br> Tel: +1 212 937 8202<br> www.deloitte.com |

---

Americor Funding, LLC

18200 Von Karman Avenue, Suite 600

Irvine, California 92612

#### Independent Accountants' Report

#### on Applying Agreed-Upon Procedures

We have performed the procedures described below, related to certain information with respect to a portfolio of receivables in connection with the proposed offering of AMDR 2025-1 Asset Backed Notes. Americor Funding, LLC (the "Company") is responsible for the information provided to us, including the information set forth in the Statistical Receivable File (as defined herein).

The Company has agreed to the procedures and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the accuracy of certain information set forth in the Statistical Receivable File. Additionally, Jefferies LLC ("Jefferies" and together, with the Company, the "Specified Parties") has agreed to the procedures and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. Consequently, we make no representations regarding the appropriateness of the procedures described below either for the purpose for which this report has been requested or for any other purpose.

#### Agreed-Upon Procedures

On August 19, 2025, representatives of the Company provided us a receivable listing with respect to 628,478 receivables (the "Receivable Listing"). At the Company's instruction, we randomly selected 250 receivables (the "Sample Receivables") from the Receivable Listing with (i) an "enrolled_debt_status" of "Pre-Settlement" or "Post-Settlement" and (ii) an "ABS_remaining_fees" value greater than $0.00.

Further, on September 4, 2025, representatives of the Company provided us with a computer-generated data file and related record layout containing data, as represented to us by the Company, as of the close of the business August 1, 2025, with respect to 628,458 receivables, including each of the 250 Sample Receivables (the "Statistical Receivable File").

At the Company's instruction, we performed certain comparisons and recomputations for each of the Sample Receivables relating to the receivable characteristics (the "Characteristics") set forth on the Statistical Receivable File and indicated below.

**Member of**<br> Deloitte Touche Tohmatsu Limited<br>

------

#### Characteristics

#### <br>

---

| | |
|:---|:---|
| 1.&nbsp;&nbsp;&nbsp;&nbsp; Receivable number (for informational purpose only)<br> 2.&nbsp;&nbsp;&nbsp;&nbsp; Customer enrolled date<br> 3.&nbsp;&nbsp;&nbsp;&nbsp; Customer state<br> 4.&nbsp;&nbsp;&nbsp;&nbsp; Fee % on enrolled date<br> 5.&nbsp;&nbsp;&nbsp;&nbsp; Income<br> 6.&nbsp;&nbsp;&nbsp;&nbsp; Estimated term<br> 7.&nbsp;&nbsp;&nbsp;&nbsp; Deposit frequency<br> 8.&nbsp;&nbsp;&nbsp;&nbsp; Original creditor<br> 9.&nbsp;&nbsp;&nbsp;&nbsp; Original enrolled balance<br> 10.&nbsp;&nbsp;&nbsp;&nbsp; Active enrolled balance<br> 11.&nbsp;&nbsp;&nbsp;&nbsp; Deposit count | 12.&nbsp;&nbsp;&nbsp;&nbsp; First deposit date<br> 13.&nbsp;&nbsp;&nbsp;&nbsp; Debt type category<br> 14.&nbsp;&nbsp;&nbsp;&nbsp; AR original term<br> 15.&nbsp;&nbsp;&nbsp;&nbsp; AR collected to date<br> 16.&nbsp;&nbsp;&nbsp;&nbsp; Enrolled debt status<br> 17.&nbsp;&nbsp;&nbsp;&nbsp; Settlement offer amount<br> 18.&nbsp;&nbsp;&nbsp;&nbsp; Current creditor<br> 19.&nbsp;&nbsp;&nbsp;&nbsp; Remaining estimated term<br> 20.&nbsp;&nbsp;&nbsp;&nbsp; Americor fee<br> 21.&nbsp;&nbsp;&nbsp;&nbsp; Remaining AR term<br> 22.&nbsp;&nbsp;&nbsp;&nbsp; Remaining fees |

---

We compared Characteristics 2. through 10. to the corresponding information set forth on or derived from the related "Enrollment Contract;" Characteristics 11. through 16. to screen shots from the Company's servicing system (the "Servicing System Screen Shots"); Characteristic 17. to the "Settlement Letter"; and Characteristic 18. to the Servicing System Screen Shots or the Settlement Letter.

With respect to our comparison of Characteristic 19., we recomputed the remaining estimated term as the difference between (i) the "customer estimated program length" (as set forth on the Statistical Receivable File) and (ii) number of months between (a) August 1, 2025 and (b) the customer enrolled date (as set forth on the Enrollment Contract).

With respect to our comparison of Characteristic 20., we recomputed the Americor fee as the product of (i) the product of the (a) fee % on enrolled date and (b) original enrolled balance (each as set forth on the Enrollment Contract) and (ii) the "Americor Fee Split" (as applicable) (as derived from the Statistical Receivable File).

With respect to our comparison of Characteristic 21., we recomputed the remaining AR term as the number of months between (i) August 1, 2025 and (ii) the "last scheduled fee date" (as set forth on the Statistical Receivable File").

With respect to our comparison of Characteristic 22., we recomputed the remaining fees as the difference between (i) the Americor fee (as determined above) and (ii) the AR collected to date (as set forth on the Servicing Screen Shots).

For purposes of our comparisons and at your instruction:

<br> • with respect to our comparison of Characteristics 2 and 12., differences of 7 days or less are deemed to be "in agreement";

• with respect to our comparison of Characteristics 15., 17., 20. and 22., differences of $1.00 or less are deemed to be "in agreement"; and

<br> • with respect to our comparison of Characteristic 19., differences of 1 month are deemed to be "in agreement."

The loan documents described above (including any information obtained from the servicing system) and any other related documents used in support of the Characteristics were provided to us by representatives of the Company and are collectively referred to hereinafter as the "Loan Documents." We were not requested to perform, and we did not perform, any procedures with respect to the preparation or verification of any of the information set forth on the Loan Documents and we make no representations concerning the accuracy or completeness of any of the information contained therein. In certain instances, our procedures were performed using data imaged facsimiles or photocopies of the Loan Documents. In addition, we make no representations as to whether the Loan Documents are comprehensive or valid instruments or reflect the current prevailing terms with respect to the corresponding Sample Receivables.

------

#### Agreed-Upon Procedures' Findings

The results of the foregoing procedures indicated that the Characteristics set forth on the Statistical Receivable File were found to be in agreement with the above-mentioned Loan Documents, except as indicated in Appendix A. Supplemental Information is contained in Appendix B.

\*\*\*\*\*\*

We make no representations as to the (i) actual characteristics or existence of the underlying documents or data comprising the receivables underlying the Statistical Receivable File or the conformity of their characteristics with those assumed for purposes of the procedures described herein, (ii) existence or ownership of the receivables or (iii) reasonableness of any of the aforementioned assumptions, information or methodologies.

It should be understood that we make no representations as to questions of legal interpretation or as to the sufficiency for your purposes of the procedures enumerated in the preceding paragraphs. Also, such procedures would not necessarily reveal any material misstatement of the information referred to above. We have no responsibility to update this report for events and circumstances that occur subsequent to the date of this report.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants ("AICPA"). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the engaging party has agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to conduct, and did not conduct, an (i) audit conducted in accordance with generally accepted auditing standards or (ii) examination or a review engagement conducted in accordance with attestation standards established by the AICPA, the objective of which would be the expression of an opinion or conclusion, respectively, on the Statistical Receivable File. Accordingly, we do not express such an opinion or conclusion, or any other form of assurance, including reasonable assurance. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the Company and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA. Independence requirements for agreed-upon procedure engagements are less restrictive than independence requirements for audit and other attestation services.

None of the engagement, procedures or report was intended to address, nor did they address, the (i) conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) value of collateral securing such assets or (iii) compliance of the originator of the assets with federal, state, and local laws and regulations.

None of the engagement, procedures or report were intended to satisfy, nor did they satisfy, any criteria for due diligence published by a nationally recognized statistical rating organization.

------

This report is intended solely for the information and use of the Specified Parties identified above and is not intended to be and should not be used by anyone other than these Specified Parties.

Yours truly,

/s/ Deloitte & Touche LLP

September 29, 2025

------

#### Appendix A to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated September 29, 2025.

In applying our agreed-upon procedures as outlined above, we observed the following:

---

| | |
|:---|:---|
| **Exception Description** <br> **Number** | **Exception Description** |
| 1 | One difference in income. |

---

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

------

#### Appendix B to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated September 29, 2025.

<u>Supplemental Information Related to the Findings Set Forth on Appendix A</u>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Exception** <br> **Description <br> Number** | **Sample Receivable** <br> **number** | **Characteristic** | **Characteristic set** <br> **forth on the** <br> **Statistical Receivable** <br> **File** | **Characteristic set forth on** <br> **the Enrollment Contract** |
| 1 | 28590085 | Income | $138000.00 | $54000.00 |

---

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

------

## Exhibit 99.2

------

**Exhibit 99.2**<br>

---

| | |
|:---|:---|
| ![](image0.jpg) | **Deloitte & Touche LLP**<br> 3 Second Street<br> Suite 301<br> Harborside Plaza 10<br> Jersey City, NJ 07302<br> USA<br> Tel: +1 212 937 8202<br> www.deloitte.com |

---

Americor Funding, LLC

18200 Von Karman Avenue, Suite 600

Irvine, California 92612

#### Independent Accountants' Report

#### on Applying Agreed-Upon Procedures

We have performed the procedures described below, related to certain information with respect to a portfolio of receivables in connection with the proposed offering of AMDR 2025-1 Asset Backed Notes. Americor Funding, LLC (the "Company") is responsible for the information provided to us, including the information set forth in the Subsequent Statistical Receivable File (as defined herein).

The Company has agreed to the procedures and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the accuracy of certain information set forth in the Subsequent Statistical Receivable File. Additionally, Jefferies LLC ("Jefferies" and together, with the Company, the "Specified Parties") has agreed to the procedures and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. Consequently, we make no representations regarding the appropriateness of the procedures described below either for the purpose for which this report has been requested or for any other purpose.

#### Agreed-Upon Procedures

On October 8, 2025, representatives of the Company provided us with a computer-generated data file and related record layout containing data, as represented to us by the Company, as of the close of the business September 30, 2025, with respect to 661,451 receivables (the "Subsequent Statistical Receivable File"). At the Company's instruction, we randomly selected 56 receivables (the "Subsequent Sample Receivables") from the Subsequent Statistical Receivable File with (i) an "enrolled_debt_status" of "Pre-Settlement" or "Post-Settlement," (ii) an "ABS_remaining_fees" value greater than $0.00 and (iii) were not Sample Receivables (as defined in our report to you dated September 29, 2025, relating to the Statistical Data File for the Transaction).

At the Company's instruction, we performed certain comparisons and recomputations for each of the Subsequent Sample Receivables relating to the receivable characteristics (the "Characteristics") set forth on the Subsequent Statistical Receivable File and indicated below.

**Member of**<br> Deloitte Touche Tohmatsu Limited<br>

------

#### Characteristics

#### <br>

---

| | |
|:---|:---|
| 1.&nbsp;&nbsp;&nbsp;&nbsp; Receivable number (for informational purpose only)<br> 2.&nbsp;&nbsp;&nbsp;&nbsp; Customer enrolled date<br> 3.&nbsp;&nbsp;&nbsp;&nbsp; Customer state<br> 4.&nbsp;&nbsp;&nbsp;&nbsp; Fee % on enrolled date<br> 5.&nbsp;&nbsp;&nbsp;&nbsp; Income<br> 6.&nbsp;&nbsp;&nbsp;&nbsp; Estimated term<br> 7.&nbsp;&nbsp;&nbsp;&nbsp; Deposit frequency<br> 8.&nbsp;&nbsp;&nbsp;&nbsp; Original creditor<br> 9.&nbsp;&nbsp;&nbsp;&nbsp; Original enrolled balance<br> 10.&nbsp;&nbsp;&nbsp;&nbsp; Active enrolled balance<br> 11.&nbsp;&nbsp;&nbsp;&nbsp; Deposit count | 12.&nbsp;&nbsp;&nbsp;&nbsp; First deposit date<br> 13.&nbsp;&nbsp;&nbsp;&nbsp; Debt type category<br> 14.&nbsp;&nbsp;&nbsp;&nbsp; AR original term<br> 15.&nbsp;&nbsp;&nbsp;&nbsp; AR collected to date<br> 16.&nbsp;&nbsp;&nbsp;&nbsp; Enrolled debt status<br> 17.&nbsp;&nbsp;&nbsp;&nbsp; Settlement offer amount<br> 18.&nbsp;&nbsp;&nbsp;&nbsp; Current creditor<br> 19.&nbsp;&nbsp;&nbsp;&nbsp; Remaining estimated term<br> 20.&nbsp;&nbsp;&nbsp;&nbsp; Americor fee<br> 21.&nbsp;&nbsp;&nbsp;&nbsp; Remaining AR term<br> 22.&nbsp;&nbsp;&nbsp;&nbsp; Remaining fees |

---

We compared Characteristics 2. through 10. to the corresponding information set forth on or derived from the related "Enrollment Contract;" Characteristics 11. through 16. to screen shots from the Company's servicing system (the "Servicing System Screen Shots"); Characteristic 17. to the "Settlement Letter;" and Characteristic 18. to the Servicing System Screen Shots or the Settlement Letter.

With respect to our comparison of Characteristic 19., we recomputed the remaining estimated term as the difference between (i) the "customer estimated program length" (as set forth on the Subsequent Statistical Receivable File) and (ii) number of months between (a) September 30, 2025 and (b) the customer enrolled date (as set forth on the Enrollment Contract).

With respect to our comparison of Characteristic 20., we recomputed the Americor fee as the product of (i) the product of the (a) fee % on enrolled date and (b) original enrolled balance (each as set forth on the Enrollment Contract) and (ii) the "Americor Fee Split" (as applicable) (as derived from the Subsequent Statistical Receivable File).

With respect to our comparison of Characteristic 21., we recomputed the remaining AR term as the number of months between (i) September 30, 2025 and (ii) the "last scheduled fee date" (as set forth on the Subsequent Statistical Receivable File).

With respect to our comparison of Characteristic 22., we recomputed the remaining fees as the difference between (i) the Americor fee (as determined above) and (ii) the AR collected to date (as set forth on the Servicing Screen Shots).

For purposes of our comparisons and at your instruction:

<br> • with respect to our comparison of Characteristics 2 and 12., differences of 7 days or less are deemed to be "in agreement";

• with respect to our comparison of Characteristics 15., 17., 20. and 22., differences of $1.00 or less are deemed to be "in agreement"; and

<br> • with respect to our comparison of Characteristic 19., differences of 1 month are deemed to be "in agreement."

The loan documents described above (including any information obtained from the servicing system) and any other related documents used in support of the Characteristics were provided to us by representatives of the Company and are collectively referred to hereinafter as the "Loan Documents." We were not requested to perform, and we did not perform, any procedures with respect to the preparation or verification of any of the information set forth on the Loan Documents and we make no representations concerning the accuracy or completeness of any of the information contained therein. In certain instances, our procedures were performed using data imaged facsimiles or photocopies of the Loan Documents. In addition, we make no representations as to whether the Loan Documents are comprehensive or valid instruments or reflect the current prevailing terms with respect to the corresponding Subsequent Sample Receivables.

------

#### Agreed-Upon Procedures' Findings

The results of the foregoing procedures indicated that the Characteristics set forth on the Subsequent Statistical Receivable File were found to be in agreement with the above-mentioned Loan Documents, except as indicated in Appendix A. Supplemental Information is contained in Appendix B.

\*\*\*\*\*\*

We make no representations as to the (i) actual characteristics or existence of the underlying documents or data comprising the receivables underlying the Subsequent Statistical Receivable File or the conformity of their characteristics with those assumed for purposes of the procedures described herein, (ii) existence or ownership of the receivables or (iii) reasonableness of any of the aforementioned assumptions, information or methodologies.

It should be understood that we make no representations as to questions of legal interpretation or as to the sufficiency for your purposes of the procedures enumerated in the preceding paragraphs. Also, such procedures would not necessarily reveal any material misstatement of the information referred to above. We have no responsibility to update this report for events and circumstances that occur subsequent to the date of this report.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants ("AICPA"). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the engaging party has agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to conduct, and did not conduct, an (i) audit conducted in accordance with generally accepted auditing standards or (ii) examination or a review engagement conducted in accordance with attestation standards established by the AICPA, the objective of which would be the expression of an opinion or conclusion, respectively, on the Subsequent Statistical Receivable File. Accordingly, we do not express such an opinion or conclusion, or any other form of assurance, including reasonable assurance. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the Company and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA. Independence requirements for agreed-upon procedure engagements are less restrictive than independence requirements for audit and other attestation services.

None of the engagement, procedures or report was intended to address, nor did they address, the (i) conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) value of collateral securing such assets or (iii) compliance of the originator of the assets with federal, state, and local laws and regulations.

None of the engagement, procedures or report were intended to satisfy, nor did they satisfy, any criteria for due diligence published by a nationally recognized statistical rating organization.

------

This report is intended solely for the information and use of the Specified Parties identified above and is not intended to be and should not be used by anyone other than these Specified Parties.

Yours truly,

/s/ Deloitte & Touche LLP

October 29, 2025

------

#### Appendix A to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated October 29, 2025.

In applying our agreed-upon procedures as outlined above, we observed the following:

---

| | |
|:---|:---|
| **Exception** <br> **Description** <br> **Number** | **Exception Description** |
| 1 | One difference in original enrolled balance |
| 2 | One difference in Americor fee |
| 3 | One difference in remaining fees |

---

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

------

#### Appendix B to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated October 29, 2025.

<u>Supplemental Information Related to the Findings Set Forth on Appendix A</u>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Exception** <br> **Description** <br> **Number** | **Subsequent Sample** <br> **Receivable number** | <br>**Characteristic** | **Characteristic set** <br> **forth on the** <br> **Subsequent** <br> **Statistical Receivable** <br> **File** | **Characteristic set forth on** <br> **the Loan Documents** |
| 1 | 38490169 | Original enrolled balance | $1393.00 | $1377.00 |
| 2 | 38490169 | Americor fee | $376.11 | $371.79 |
| 3 | 38490169 | Remaining fees | $250.75 | $246.43 |

---

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

------