World Omni Auto Receivables Trust 2024-B

04/29/2026 | Press release | Distributed by Public on 04/29/2026 07:29

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

World Omni Auto Receivables Trust 2024-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 02/28/26 492,594,053.31 23,388
Yield Supplement Overcollateralization Amount 02/28/26 26,874,062.61 0
Receivables Balance 02/28/26 519,468,115.92 23,388
Principal Payments 25,303,474.69 659
Defaulted Receivables 914,150.81 41
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 03/31/26 24,959,340.09 0
Pool Balance at 03/31/26 468,291,150.33 22,688
Pool Statistics $ Amount # of Accounts
Pool Factor 36.94 %
Prepayment ABS Speed 1.64 %
Aggregate Starting Principal Balance 1,335,109,741.10 47,844
Delinquent Receivables:
Past Due 31-60 days 8,914,486.72 329
Past Due 61-90 days 3,140,062.46 108
Past Due 91-120 days 448,212.43 15
Past Due 121+ days 0.00 0
Total 12,502,761.61 452
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.53 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.73 %
Delinquency Trigger Occurred NO
Recoveries 833,956.78
Aggregate Net Losses/(Gains) - March 2026 80,194.03
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.19 %
Prior Net Losses/(Gains) Ratio 0.66 %
Second Prior Net Losses/(Gains) Ratio 0.38 %
Third Prior Net Losses/(Gains) Ratio 0.88 %
Four Month Average 0.53 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.73 %
Overcollateralization Target Amount 6,161,793.76
Actual Overcollateralization 6,161,793.76
Weighted Average Contract Rate 7.48 %
Weighted Average Contract Rate, Yield Adjusted 10.68 %
Weighted Average Remaining Term 43.10
Flow of Funds $ Amount
Collections 29,293,330.90
Investment Earnings on Cash Accounts 19,476.43
Servicing Fee (432,890.10 )
Transfer to Collection Account -
Available Funds 28,879,917.23
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,889,517.50
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 165,883.33
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 84,329.17
(7) Noteholders' Third Priority Principal Distributable Amount 18,141,109.22
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 6,161,793.76
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 2,437,284.25
Total Distributions of Available Funds 28,879,917.23
Servicing Fee 432,890.10
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 1,176,800,000.00
Original Class B 37,000,000.00
Original Class C 18,500,000.00
Total Class A, B, & C
Note Balance @ 03/16/26 486,432,259.55
Principal Paid 24,302,902.98
Note Balance @ 04/15/26 462,129,356.57
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 @ 03/16/26 341,132,259.55
Principal Paid 24,302,902.98
Note Balance @ 04/15/26 316,829,356.57
Note Factor @ 04/15/26 73.9391731 %
Class A-4
Note Balance @ 03/16/26 89,800,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 89,800,000.00
Note Factor @ 04/15/26 100.0000000 %
Class B
Note Balance @ 03/16/26 37,000,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 37,000,000.00
Note Factor @ 04/15/26 100.0000000 %
Class C
Note Balance @ 03/16/26 18,500,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 18,500,000.00
Note Factor @ 04/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 2,139,730.00
Total Principal Paid 24,302,902.98
Total Paid 26,442,632.98
Class A-1
Coupon 5.53400 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.48000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.67223 %
Coupon 4.10223 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 5.27000 %
Interest Paid 1,498,139.17
Principal Paid 24,302,902.98
Total Paid to A-3 Holders 25,801,042.15
Class A-4
Coupon 5.23000 %
Interest Paid 391,378.33
Principal Paid 0.00
Total Paid to A-4 Holders 391,378.33
Class B
Coupon 5.38000 %
Interest Paid 165,883.33
Principal Paid 0.00
Total Paid to B Holders 165,883.33
Class C
Coupon 5.47000 %
Interest Paid 84,329.17
Principal Paid 0.00
Total Paid to C Holders 84,329.17
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.7363710
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 19.7215800
Total Distribution Amount 21.4579510
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 3.4962408
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 56.7162263
Total A-3 Distribution Amount 60.2124671
A-4 Interest Distribution Amount 4.3583333
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 4.3583333
B Interest Distribution Amount 4.4833332
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 4.4833332
C Interest Distribution Amount 4.5583335
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.5583335
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 746.46
Noteholders' Principal Distributable Amount 253.54
Account Balances $ Amount
Reserve Account
Balance as of 03/16/26 3,080,896.88
Investment Earnings 9,350.70
Investment Earnings Paid (9,350.70 )
Deposit/(Withdrawal) -
Balance as of 04/15/26 3,080,896.88
Change -
Required Reserve Amount 3,080,896.88
World Omni Auto Receivables Trust 2024-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 13:30 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]