World Omni Auto Receivables Trust 2022-B

04/29/2026 | Press release | Distributed by Public on 04/29/2026 06:46

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2022-B
Monthly Servicer Certificate
March 31, 2026
Dates Covered
Collections Period 03/01/26 - 03/31/26
Interest Accrual Period 03/16/26 - 04/14/26
30/360 Days 30
Actual/360 Days 30
Distribution Date 04/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 02/28/26 124,392,239.27 12,410
Yield Supplement Overcollateralization Amount 02/28/26 4,333,761.63 0
Receivables Balance 02/28/26 128,726,000.90 12,410
Principal Payments 9,135,122.47 361
Defaulted Receivables 136,760.49 9
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 03/31/26 3,868,519.52 0
Pool Balance at 03/31/26 115,585,598.42 12,040
Pool Statistics $ Amount # of Accounts
Pool Factor 11.02 %
Prepayment ABS Speed 1.17 %
Aggregate Starting Principal Balance 1,083,969,917.66 44,920
Delinquent Receivables:
Past Due 31-60 days 3,447,014.13 247
Past Due 61-90 days 976,904.70 69
Past Due 91-120 days 196,235.17 14
Past Due 121+ days 0.00 0
Total 4,620,154.00 330
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.87 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.98 %
Delinquency Trigger Occurred NO
Recoveries 133,286.00
Aggregate Net Losses/(Gains) - March 2026 3,474.49
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.03 %
Prior Net Losses/(Gains) Ratio 0.54 %
Second Prior Net Losses/(Gains) Ratio 0.31 %
Third Prior Net Losses/(Gains) Ratio 1.02 %
Four Month Average 0.48 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.61 %
Overcollateralization Target Amount 4,915,858.40
Actual Overcollateralization 4,915,858.40
Weighted Average Contract Rate 4.75 %
Weighted Average Contract Rate, Yield Adjusted 8.37 %
Weighted Average Remaining Term 22.49
Flow of Funds $ Amount
Collections 9,764,488.58
Investment Earnings on Cash Accounts 15,468.19
Servicing Fee (107,271.67 )
Transfer to Collection Account -
Available Funds 9,672,685.10
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 215,648.96
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 87,516.67
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 44,987.50
(7) Noteholders' Third Priority Principal Distributable Amount 3,890,782.45
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 4,915,858.40
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 517,891.12
Total Distributions of Available Funds 9,672,685.10
Servicing Fee 107,271.67
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 938,920,000.00
Original Class B 29,500,000.00
Original Class C 14,750,000.00
Total Class A, B, & C
Note Balance @ 03/16/26 119,476,380.87
Principal Paid 8,806,640.85
Note Balance @ 04/15/26 110,669,740.02
Class A-1
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-2a
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-2b
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-3
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-4
Note Balance @ 03/16/26 75,226,380.87
Principal Paid 8,806,640.85
Note Balance @ 04/15/26 66,419,740.02
Note Factor @ 04/15/26 73.8653692 %
Class B
Note Balance @ 03/16/26 29,500,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 29,500,000.00
Note Factor @ 04/15/26 100.0000000 %
Class C
Note Balance @ 03/16/26 14,750,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 14,750,000.00
Note Factor @ 04/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 348,153.13
Total Principal Paid 8,806,640.85
Total Paid 9,154,793.98
Class A-1
Coupon 1.54800 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 2.77000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
One-Month SOFR 3.67223 %
Coupon 4.24223 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 3.25000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-3 Holders 0.00
Class A-4
Coupon 3.44000 %
Interest Paid 215,648.96
Principal Paid 8,806,640.85
Total Paid to A-4 Holders 9,022,289.81
Class B
Coupon 3.56000 %
Interest Paid 87,516.67
Principal Paid 0.00
Total Paid to B Holders 87,516.67
Class C
Coupon 3.66000 %
Interest Paid 44,987.50
Principal Paid 0.00
Total Paid to C Holders 44,987.50
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 0.3541128
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 8.9573938
Total Distribution Amount 9.3115066
A-1 Interest Distribution Amount 0.0000000
A-1 Interest Carryover Shortfall 0.0000000
A-1 Principal Distribution Amount 0.0000000
Total A-1 Distribution Amount 0.0000000
A-2a Interest Distribution Amount 0.0000000
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 0.0000000
Total A-2a Distribution Amount 0.0000000
A-2b Interest Distribution Amount 0.0000000
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 0.0000000
Total A-2b Distribution Amount 0.0000000
A-3 Interest Distribution Amount 0.0000000
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 0.0000000
Total A-3 Distribution Amount 0.0000000
A-4 Interest Distribution Amount 2.3982313
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 97.9386216
Total A-4 Distribution Amount 100.3368529
B Interest Distribution Amount 2.9666668
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 2.9666668
C Interest Distribution Amount 3.0500000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 3.0500000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 441.80
Noteholders' Principal Distributable Amount 558.20
Account Balances $ Amount
Reserve Account
Balance as of 03/16/26 4,915,858.40
Investment Earnings 14,610.10
Investment Earnings Paid (14,610.10 )
Deposit/(Withdrawal) -
Balance as of 04/15/26 4,915,858.40
Change -
Required Reserve Amount 4,915,858.40
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 755,653.49 $ 931,644.46 1,120,358.08
Number of Extensions 54 62 73
Ratio of extensions to Beginning of Period Receivables Balance 0.59 % 0.68 % 0.77 %
World Omni Auto Receivables Trust 2022-B published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 29, 2026 at 12:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]