World Omni Auto Receivables Trust 2023-D

04/29/2026 | Press release | Distributed by Public on 04/29/2026 07:20

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

World Omni Auto Receivables Trust 2023-D
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 02/28/26 309,166,229.59 17,952
Yield Supplement Overcollateralization Amount 02/28/26 21,152,030.33 0
Receivables Balance 02/28/26 330,318,259.92 17,952
Principal Payments 17,133,711.31 594
Defaulted Receivables 714,307.54 30
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 03/31/26 19,539,887.46 0
Pool Balance at 03/31/26 292,930,353.61 17,328
Pool Statistics $ Amount # of Accounts
Pool Factor 27.91 %
Prepayment ABS Speed 1.44 %
Aggregate Starting Principal Balance 1,119,368,245.46 42,446
Delinquent Receivables:
Past Due 31-60 days 6,432,487.35 255
Past Due 61-90 days 2,010,124.93 79
Past Due 91-120 days 397,778.19 15
Past Due 121+ days 0.00 0
Total 8,840,390.47 349
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.83 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.77 %
Delinquency Trigger Occurred NO
Recoveries 446,428.03
Aggregate Net Losses/(Gains) - March 2026 267,879.51
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.97 %
Prior Net Losses/(Gains) Ratio 0.75 %
Second Prior Net Losses/(Gains) Ratio 0.93 %
Third Prior Net Losses/(Gains) Ratio 0.76 %
Four Month Average 0.85 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.76 %
Overcollateralization Target Amount 5,009,268.48
Actual Overcollateralization 5,009,268.48
Weighted Average Contract Rate 6.44 %
Weighted Average Contract Rate, Yield Adjusted 10.97 %
Weighted Average Remaining Term 36.91
Flow of Funds $ Amount
Collections 19,314,828.13
Investment Earnings on Cash Accounts 9,163.44
Servicing Fee (275,265.22 )
Transfer to Collection Account -
Available Funds 19,048,726.35
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,253,124.34
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 153,556.50
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 78,479.50
(7) Noteholders' Third Priority Principal Distributable Amount 11,226,607.50
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,009,268.48
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 1,327,690.03
Total Distributions of Available Funds 19,048,726.35
Servicing Fee 275,265.22
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 954,260,000.00
Original Class B 30,060,000.00
Original Class C 15,020,000.00
Total Class A, B, & C
Note Balance @ 03/16/26 304,156,961.11
Principal Paid 16,235,875.98
Note Balance @ 04/15/26 287,921,085.13
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 @ 03/16/26 197,516,961.11
Principal Paid 16,235,875.98
Note Balance @ 04/15/26 181,281,085.13
Note Factor @ 04/15/26 57.0425063 %
Class A-4
Note Balance @ 03/16/26 61,560,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 61,560,000.00
Note Factor @ 04/15/26 100.0000000 %
Class B
Note Balance @ 03/16/26 30,060,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 30,060,000.00
Note Factor @ 04/15/26 100.0000000 %
Class C
Note Balance @ 03/16/26 15,020,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 15,020,000.00
Note Factor @ 04/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,485,160.34
Total Principal Paid 16,235,875.98
Total Paid 17,721,036.32
Class A-1
Coupon 5.66800 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.91000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.67223 %
Coupon 4.25223 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 5.79000 %
Interest Paid 953,019.34
Principal Paid 16,235,875.98
Total Paid to A-3 Holders 17,188,895.32
Class A-4
Coupon 5.85000 %
Interest Paid 300,105.00
Principal Paid 0.00
Total Paid to A-4 Holders 300,105.00
Class B
Coupon 6.13000 %
Interest Paid 153,556.50
Principal Paid 0.00
Total Paid to B Holders 153,556.50
Class C
Coupon 6.27000 %
Interest Paid 78,479.50
Principal Paid 0.00
Total Paid to C Holders 78,479.50
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.4861412
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 16.2465987
Total Distribution Amount 17.7327399
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 2.9988022
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 51.0883448
Total A-3 Distribution Amount 54.0871470
A-4 Interest Distribution Amount 4.8750000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 4.8750000
B Interest Distribution Amount 5.1083333
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 5.1083333
C Interest Distribution Amount 5.2250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 5.2250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 691.47
Noteholders' Principal Distributable Amount 308.53
Account Balances $ Amount
Reserve Account
Balance as of 03/16/26 2,504,634.24
Investment Earnings 7,443.86
Investment Earnings Paid (7,443.86 )
Deposit/(Withdrawal) -
Balance as of 04/15/26 2,504,634.24
Change -
Required Reserve Amount 2,504,634.24
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 1,436,964.34 2,144,012.04 2,311,951.98
Number of Extensions 56 84 89
Ratio of extensions to Beginning of Period Receivables Balance 0.44 % 0.62 % 0.63 %
World Omni Auto Receivables Trust 2023-D published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 29, 2026 at 13:20 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]