World Omni Auto Receivables Trust 2022-C

04/29/2026 | Press release | Distributed by Public on 04/29/2026 06:51

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

World Omni Auto Receivables Trust 2022-C

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 02/28/26 163,872,920.73 14,076
Yield Supplement Overcollateralization Amount 02/28/26 6,799,021.43 0
Receivables Balance 02/28/26 170,671,942.16 14,076
Principal Payments 11,304,448.10 404
Defaulted Receivables 240,801.60 12
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 03/31/26 6,093,366.53 0
Pool Balance at 03/31/26 153,033,325.93 13,660
Pool Statistics $ Amount # of Accounts
Pool Factor 14.16 %
Prepayment ABS Speed 1.21 %
Aggregate Starting Principal Balance 1,123,484,105.00 42,981
Delinquent Receivables:
Past Due 31-60 days 4,558,406.02 260
Past Due 61-90 days 1,019,775.78 60
Past Due 91-120 days 151,199.62 9
Past Due 121+ days 0.00 0
Total 5,729,381.42 329
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.60 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.74 %
Delinquency Trigger Occurred NO
Recoveries 265,743.93
Aggregate Net Losses/(Gains) - March 2026 (24,942.33 )
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio -0.18 %
Prior Net Losses/(Gains) Ratio 0.30 %
Second Prior Net Losses/(Gains) Ratio -0.38 %
Third Prior Net Losses/(Gains) Ratio 0.03 %
Four Month Average -0.06 %
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 4.87 %
Weighted Average Contract Rate, Yield Adjusted 8.80 %
Weighted Average Remaining Term 24.73
Flow of Funds $ Amount
Collections 12,258,164.02
Investment Earnings on Cash Accounts 16,046.52
Servicing Fee (142,226.62 )
Transfer to Collection Account -
Available Funds 12,131,983.92
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 347,245.28
(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 5,758,241.75
(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 786,350.34
Total Distributions of Available Funds 12,131,983.92
Servicing Fee 142,226.62
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 @ 03/16/26 158,791,567.68
Principal Paid 10,839,594.80
Note Balance @ 04/15/26 147,951,972.88
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-2
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 14,611,567.68
Principal Paid 10,839,594.80
Note Balance @ 04/15/26 3,771,972.88
Note Factor @ 04/15/26 1.4914879 %
Class A-4
Note Balance @ 03/16/26 98,700,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 98,700,000.00
Note Factor @ 04/15/26 100.0000000 %
Class B
Note Balance @ 03/16/26 30,350,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 30,350,000.00
Note Factor @ 04/15/26 100.0000000 %
Class C
Note Balance @ 03/16/26 15,130,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 15,130,000.00
Note Factor @ 04/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 506,038.78
Total Principal Paid 10,839,594.80
Total Paid 11,345,633.58
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 44,565.28
Principal Paid 10,839,594.80
Total Paid to A-3 Holders 10,884,160.08
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 0.5001470
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 10.7133911
Total Distribution Amount 11.2135381
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 0.1762170
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 42.8611894
Total A-3 Distribution Amount 43.0374064
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 531.22
Noteholders' Principal Distributable Amount 468.78
Account Balances $ Amount
Reserve Account
Balance as of 03/16/26 5,058,901.50
Investment Earnings 15,035.23
Investment Earnings Paid (15,035.23 )
Deposit/(Withdrawal) -
Balance as of 04/15/26 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 $ 975,724.15 $ 1,460,093.74 $ 1,205,951.16
Number of Extensions 62 85 68
Ratio of extensions to Beginning of Period Receivables Balance 0.57 % 0.81 % 0.63 %
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