World Omni Auto Receivables Trust 2023-B

10/29/2026 | Press release | Distributed by Public on 10/29/2026 07:41

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

World Omni Auto Receivables Trust 2023-B

Monthly Servicer Certificate

September 30, 2026

Dates Covered
Collections Period 09/01/26 - 09/30/26
Interest Accrual Period 09/15/26 - 10/14/26
30/360 Days 30
Actual/360 Days 30
Distribution Date 10/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 08/31/26 167,930,253.65 14,266
Yield Supplement Overcollateralization Amount 08/31/26 7,243,399.39 0
Receivables Balance 08/31/26 175,173,653.04 14,266
Principal Payments 10,674,812.86 440
Defaulted Receivables 175,558.31 10
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 09/30/26 6,576,567.48 0
Pool Balance at 09/30/26 157,746,714.39 13,816
Pool Statistics $ Amount # of Accounts
Pool Factor 14.13 %
Prepayment ABS Speed 1.16 %
Aggregate Starting Principal Balance 1,162,826,061.02 44,579
Delinquent Receivables:
Past Due 31-60 days 4,589,537.35 254
Past Due 61-90 days 1,358,983.36 72
Past Due 91-120 days 224,823.42 12
Past Due 121+ days 0.00 0
Total 6,173,344.13 338
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.76 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.96 %
Delinquency Trigger Occurred NO
Recoveries 124,012.13
Aggregate Net Losses/(Gains)  - September 2026 51,546.18
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.35 %
Prior Net Losses/(Gains) Ratio -0.16 %
Second Prior Net Losses/(Gains) Ratio 0.06 %
Third Prior Net Losses/(Gains) Ratio -0.19 %
Four Month Average 0.02 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.69 %
Overcollateralization Target Amount 5,232,239.66
Actual Overcollateralization 5,232,239.66
Weighted Average Contract Rate 6.08 %
Weighted Average Contract Rate, Yield Adjusted 10.14 %
Weighted Average Remaining Term 25.63
Flow of Funds $ Amount
Collections 11,691,570.32
Investment Earnings on Cash Accounts 11,002.56
Servicing Fee (145,978.04 )
Transfer to Collection Account -
Available Funds 11,556,594.84
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 450,447.45
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 127,914.25
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 67,288.50
(7) Noteholders' Third Priority Principal Distributable Amount 4,951,299.60
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,232,239.66
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 727,405.38
Total Distributions of Available Funds 11,556,594.84
Servicing Fee 145,978.04
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 996,700,000.00
Original Class B 31,390,000.00
Original Class C 15,740,000.00
Total Class A, B, & C
Note Balance @ 09/15/26 162,698,013.99
Principal Paid 10,183,539.26
Note Balance @ 10/15/26 152,514,474.73
Class A-1
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-2a
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-2b
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-3
Note Balance @ 09/15/26 16,068,013.99
Principal Paid 10,183,539.26
Note Balance @ 10/15/26 5,884,474.73
Note Factor @ 10/15/26 1.9799713 %
Class A-4
Note Balance @ 09/15/26 99,500,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 99,500,000.00
Note Factor @ 10/15/26 100.0000000 %
Class B
Note Balance @ 09/15/26 31,390,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 31,390,000.00
Note Factor @ 10/15/26 100.0000000 %
Class C
Note Balance @ 09/15/26 15,740,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 15,740,000.00
Note Factor @ 10/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 645,650.20
Total Principal Paid 10,183,539.26
Total Paid 10,829,189.46
Class A-1
Coupon 5.31600 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.25000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.64850 %
Coupon 4.35850 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.66000 %
Interest Paid 62,397.45
Principal Paid 10,183,539.26
Total Paid to A-3 Holders 10,245,936.71
Class A-4
Coupon 4.68000 %
Interest Paid 388,050.00
Principal Paid 0.00
Total Paid to A-4 Holders 388,050.00
Class B
Coupon 4.89000 %
Interest Paid 127,914.25
Principal Paid 0.00
Total Paid to B Holders 127,914.25
Class C
Coupon 5.13000 %
Interest Paid 67,288.50
Principal Paid 0.00
Total Paid to C Holders 67,288.50
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 0.6185396
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 9.7559366
Total Distribution Amount 10.3744762
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 0.2099510
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 34.2649369
Total A-3 Distribution Amount 34.4748879
A-4 Interest Distribution Amount 3.9000000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.9000000
B Interest Distribution Amount 4.0750000
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 4.0750000
C Interest Distribution Amount 4.2750000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.2750000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 486.21
Noteholders' Principal Distributable Amount 513.79
Account Balances $ Amount
Reserve Account
Balance as of 09/15/26 2,616,119.83
Investment Earnings 7,526.91
Investment Earnings Paid (7,526.91 )
Deposit/(Withdrawal) -
Balance as of 10/15/26 2,616,119.83
Change -
Required Reserve Amount 2,616,119.83
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 1,075,949.48 $ 1,153,629.75 $ 1,508,727.84
Number of Extensions 71 65 84
Ratio of extensions to Beginning of Period Receivables Balance 0.61 % 0.62 % 0.76 %
World Omni Auto Receivables Trust 2023-B published this content on October 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 29, 2026 at 13:42 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]