World Omni Auto Receivables Trust 2022-B

03/27/2026 | Press release | Distributed by Public on 03/27/2026 08:36

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

World Omni Auto Receivables Trust 2022-B
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 01/31/26 132,438,682.56 12,771
Yield Supplement Overcollateralization Amount 01/31/26 4,780,978.41 0
Receivables Balance 01/31/26 137,219,660.97 12,771
Principal Payments 8,232,531.29 345
Defaulted Receivables 261,128.78 16
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 02/28/26 4,333,761.63 0
Pool Balance at 02/28/26 124,392,239.27 12,410
Pool Statistics $ Amount # of Accounts
Pool Factor 11.88 %
Prepayment ABS Speed 1.04 %
Aggregate Starting Principal Balance 1,083,969,917.66 44,920
Delinquent Receivables:
Past Due 31-60 days 3,821,782.65 266
Past Due 61-90 days 1,442,936.17 89
Past Due 91-120 days 216,814.70 12
Past Due 121+ days 0.00 0
Total 5,481,533.52 367
Total 31+ Delinquent as % Aggregate Ending Principal Balance 4.26 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 1.29 %
Delinquency Trigger Occurred NO
Recoveries 199,570.49
Aggregate Net Losses/(Gains) - February 2026 61,558.29
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.54 %
Prior Net Losses/(Gains) Ratio 0.31 %
Second Prior Net Losses/(Gains) Ratio 1.02 %
Third Prior Net Losses/(Gains) Ratio 0.38 %
Four Month Average 0.56 %
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 4.73 %
Weighted Average Contract Rate, Yield Adjusted 8.37 %
Weighted Average Remaining Term 23.37
Flow of Funds $ Amount
Collections 8,949,037.61
Investment Earnings on Cash Accounts 14,096.84
Servicing Fee (114,349.72 )
Transfer to Collection Account -
Available Funds 8,848,784.73
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 238,715.43
(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 3,130,584.89
(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 431,121.84
Total Distributions of Available Funds 8,848,784.73
Servicing Fee 114,349.72
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 @ 02/17/26 127,522,824.16
Principal Paid 8,046,443.29
Note Balance @ 03/16/26 119,476,380.87
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-2a
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-2b
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 0.00
Principal Paid 0.00
Note Balance @ 03/16/26 0.00
Note Factor @ 03/16/26 0.0000000 %
Class A-4
Note Balance @ 02/17/26 83,272,824.16
Principal Paid 8,046,443.29
Note Balance @ 03/16/26 75,226,380.87
Note Factor @ 03/16/26 83.6592314 %
Class B
Note Balance @ 02/17/26 29,500,000.00
Principal Paid 0.00
Note Balance @ 03/16/26 29,500,000.00
Note Factor @ 03/16/26 100.0000000 %
Class C
Note Balance @ 02/17/26 14,750,000.00
Principal Paid 0.00
Note Balance @ 03/16/26 14,750,000.00
Note Factor @ 03/16/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 371,219.60
Total Principal Paid 8,046,443.29
Total Paid 8,417,662.89
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 3.65819 %
Coupon 4.22819 %
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 238,715.43
Principal Paid 8,046,443.29
Total Paid to A-4 Holders 8,285,158.72
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 0.3775742
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 8.1841831
Total Distribution Amount 8.5617573
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 2.6547534
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 89.4844672
Total A-4 Distribution Amount 92.1392206
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 389.06
Noteholders' Principal Distributable Amount 610.94
Account Balances $ Amount
Reserve Account
Balance as of 02/17/26 4,915,858.40
Investment Earnings 13,199.06
Investment Earnings Paid (13,199.06 )
Deposit/(Withdrawal) -
Balance as of 03/16/26 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 $ 931,644.46 $ 1,120,358.08 1,763,871.07
Number of Extensions 62 73 119
Ratio of extensions to Beginning of Period Receivables Balance 0.68 % 0.77 % 1.13 %
World Omni Auto Receivables Trust 2022-B published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 14:37 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]