World Omni Auto Receivables Trust 2022-C

03/27/2026 | Press release | Distributed by Public on 03/27/2026 08:37

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

World Omni Auto Receivables Trust 2022-C

Monthly Servicer Certificate

February 28, 2026

Dates Covered
Collections Period 02/01/26 - 02/28/26
Interest Accrual Period 02/17/26 - 03/15/26
30/360 Days 30
Actual/360 Days 27
Distribution Date 03/16/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 01/31/26 173,144,821.14 14,372
Yield Supplement Overcollateralization Amount 01/31/26 7,430,937.21 0
Receivables Balance 01/31/26 180,575,758.35 14,372
Principal Payments 9,525,149.61 277
Defaulted Receivables 378,666.58 19
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 02/28/26 6,799,021.43 0
Pool Balance at 02/28/26 163,872,920.73 14,076
Pool Statistics $ Amount # of Accounts
Pool Factor 15.19 %
Prepayment ABS Speed 1.00 %
Aggregate Starting Principal Balance 1,123,484,105.00 42,981
Delinquent Receivables:
Past Due 31-60 days 4,755,139.55 261
Past Due 61-90 days 1,155,292.94 67
Past Due 91-120 days 201,322.84 12
Past Due 121+ days 0.00 0
Total 6,111,755.33 340
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.58 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.79 %
Delinquency Trigger Occurred NO
Recoveries 333,406.80
Aggregate Net Losses/(Gains) - February 2026 45,259.78
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.30 %
Prior Net Losses/(Gains) Ratio -0.38 %
Second Prior Net Losses/(Gains) Ratio 0.03 %
Third Prior Net Losses/(Gains) Ratio 0.76 %
Four Month Average 0.18 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.72 %
Overcollateralization Target Amount 5,081,353.05
Actual Overcollateralization 5,081,353.05
Weighted Average Contract Rate 4.85 %
Weighted Average Contract Rate, Yield Adjusted 8.80 %
Weighted Average Remaining Term 25.69
Flow of Funds $ Amount
Collections 10,545,825.41
Investment Earnings on Cash Accounts 14,724.54
Servicing Fee (150,479.80 )
Transfer to Collection Account -
Available Funds 10,410,070.15
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 375,524.58
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 103,442.92
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 55,350.58
(7) Noteholders' Third Priority Principal Distributable Amount 4,190,547.36
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,081,353.05
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 603,851.66
Total Distributions of Available Funds 10,410,070.15
Servicing Fee 150,479.80
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 966,300,000.00
Original Class B 30,350,000.00
Original Class C 15,130,000.00
Total Class A, B, & C
Note Balance @ 02/17/26 168,063,468.09
Principal Paid 9,271,900.41
Note Balance @ 03/16/26 158,791,567.68
Class A-1
Note Balance @ 02/17/26 0.00
Principal Paid 0.00
Note Balance @ 03/16/26 0.00
Note Factor @ 03/16/26 0.0000000 %
Class A-2
Note Balance @ 02/17/26 0.00
Principal Paid 0.00
Note Balance @ 03/16/26 0.00
Note Factor @ 03/16/26 0.0000000 %
Class A-3
Note Balance @ 02/17/26 23,883,468.09
Principal Paid 9,271,900.41
Note Balance @ 03/16/26 14,611,567.68
Note Factor @ 03/16/26 5.7776068 %
Class A-4
Note Balance @ 02/17/26 98,700,000.00
Principal Paid 0.00
Note Balance @ 03/16/26 98,700,000.00
Note Factor @ 03/16/26 100.0000000 %
Class B
Note Balance @ 02/17/26 30,350,000.00
Principal Paid 0.00
Note Balance @ 03/16/26 30,350,000.00
Note Factor @ 03/16/26 100.0000000 %
Class C
Note Balance @ 02/17/26 15,130,000.00
Principal Paid 0.00
Note Balance @ 03/16/26 15,130,000.00
Note Factor @ 03/16/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 534,318.08
Total Principal Paid 9,271,900.41
Total Paid 9,806,218.49
Class A-1
Coupon 2.96900 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2
Coupon 3.73000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2 Holders 0.00
Class A-3
Coupon 3.66000 %
Interest Paid 72,844.58
Principal Paid 9,271,900.41
Total Paid to A-3 Holders 9,344,744.99
Class A-4
Coupon 3.68000 %
Interest Paid 302,680.00
Principal Paid 0.00
Total Paid to A-4 Holders 302,680.00
Class B
Coupon 4.09000 %
Interest Paid 103,442.92
Principal Paid 0.00
Total Paid to B Holders 103,442.92
Class C
Coupon 4.39000 %
Interest Paid 55,350.58
Principal Paid 0.00
Total Paid to C Holders 55,350.58
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 0.5280971
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 9.1639491
Total Distribution Amount 9.6920462
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-2 Interest Distribution Amount 0.0000000
A-2 Interest Carryover Shortfall 0.0000000
A-2 Principal Distribution Amount 0.0000000
Total A-2 Distribution Amount 0.0000000
A-3 Interest Distribution Amount 0.2880371
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 36.6623187
Total A-3 Distribution Amount 36.9503558
A-4 Interest Distribution Amount 3.0666667
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.0666667
B Interest Distribution Amount 3.4083334
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 3.4083334
C Interest Distribution Amount 3.6583331
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 3.6583331
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 451.96
Noteholders' Principal Distributable Amount 548.04
Account Balances $ Amount
Reserve Account
Balance as of 02/17/26 5,058,901.50
Investment Earnings 13,583.13
Investment Earnings Paid (13,583.13 )
Deposit/(Withdrawal) -
Balance as of 03/16/26 5,058,901.50
Change -
Required Reserve Amount 5,058,901.50
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 1,460,093.74 $ 1,205,951.16 $ 2,032,990.12
Number of Extensions 85 68 109
Ratio of extensions to Beginning of Period Receivables Balance 0.81 % 0.63 % 1.00 %
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