Toyota Promotional Financing Question (1.99%, 2.99%)

I just financed a Tundra at the Promotional 1.99% rate.
Adding the truck to my insurance, it asks for "Lienholder name," so I look on contract, expecting to find something like Toyota Financial Services (TFS).
But what I see is instead is the dealer name.

I'm thinking they have the option to hold the loan, or sell it to Toyota, but curious what's going on.

Does anyone know anything about this?
Has anyone noticed the same thing?

Thanks

 

Its probably being shopped around. Toyota Motor Co will take over within a month and make the changes.

 

Looking more closely at the Finance Contract, in small print at the end, it says: "Seller assigns its interest in this contract to TMCC." And, is "Assigned without recourse."
That's Toyota Motor Credit Corporation (TMCC).

Google AI says:
"Assigned without recourse" means that when a debt or obligation is transferred (assigned) from one party to another, the original party (the assignor) is not held liable for any future claims or losses related to that debt if the new party (the assignee) is unable to collect or enforce it. In essence, the assignee takes on the full risk of the assignment.

I think that answers my question.

 

I just tell my insurance it’s Toyota. They figure it out. Same with BMW