Exhibit 99.1

 

World Omni Auto Receivables Trust 2021-D

Monthly Servicer Certificate

August 31, 2025

 

Dates Covered                  
Collections Period     08/01/25 - 08/31/25                  
Interest Accrual Period     08/15/25 - 09/14/25                  
30/360 Days     30                  
Actual/360 Days     31                  
Distribution Date     09/15/25                  
                         
Collateral Pool Balance Data   $ Amount     # of Accounts          
Pool Balance at 07/31/25     147,756,551.40       16,430          
Yield Supplement Overcollateralization Amount 07/31/25     1,016,456.77       0          
Receivables Balance 07/31/25     148,773,008.17       16,430          
Principal Payments     9,837,414.26       310          
Defaulted Receivables     242,779.59       17          
Repurchased Accounts     0.00       0          
Yield Supplement Overcollateralization Amount at 08/31/25     892,433.59       0          
Pool Balance at 08/31/25     137,800,380.73       16,103          
                         
Pool Statistics   $ Amount     # of Accounts          
Pool Factor     11.71 %                
Prepayment ABS Speed     1.06 %                
Aggregate Starting Principal Balance     1,183,996,579.97       40,585          
                         
Delinquent Receivables:                        
Past Due 31-60 days     3,995,237.97       301          
Past Due 61-90 days     1,395,526.04       104          
Past Due 91-120 days     173,817.89       14          
Past Due 121+ days     0.00       0          
Total     5,564,581.90       419          
                         
Total 31+ Delinquent as % Aggregate Ending Principal Balance     4.01 %                
Total 61+ Delinquent as % Aggregate Ending Principal Balance     1.13 %                
Delinquency Trigger Occurred     NO                  
                         
Recoveries     289,505.04                  
Aggregate Net Losses/(Gains) - August 2025     (46,725.45 )                
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):                        
Current Net Losses/(Gains) Ratio     -0.38 %                
Prior Net Losses/(Gains) Ratio     0.35 %                
Second Prior Net Losses/(Gains) Ratio     0.36 %                
Third Prior Net Losses/(Gains) Ratio     -0.10 %                
Four Month Average     0.06 %                
                         
Cumulative Net Loss as a % of Aggregate Starting Principal Balance     0.51 %                
                         
Overcollateralization Target Amount     5,755,408.97                  
Actual Overcollateralization     5,755,408.97                  
Weighted Average Contract Rate     4.39 %                
Weighted Average Contract Rate, Yield Adjusted     5.29 %                
Weighted Average Remaining Term     20.61                  
                         
Flow of Funds   $ Amount                  
Collections     10,656,033.22                  
Investment Earnings on Cash Accounts     11,786.61                  
Servicing Fee     (123,977.51 )                
Transfer to Collection Account     -                  
Available Funds     10,543,842.32                  
                         
Distributions of Available Funds                        
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)     -                  
    (2)  Class A Interest     82,684.38                  
    (3)  Noteholders' First Priority Principal Distributable Amount     -                  
    (4)  Class B Interest     43,738.00                  
    (5)  Noteholders' Second Priority Principal Distributable Amount     -                  
    (6)  Class C Interest     24,753.67                  
    (7)  Noteholders' Third Priority Principal Distributable Amount     4,200,761.70                  
    (8)  Required Reserve Account     -                  
    (9)  Noteholders' Principal Distributable Amount     5,755,408.97                  
   (10)  Asset Representation Reviewer Amounts (in excess of 1)     -                  
   (11)  Distribution to Certificateholders     436,495.60                  
                         
Total Distributions of Available Funds     10,543,842.32                  
                         
Servicing Fee     123,977.51                  
Unpaid Servicing Fee     -                  
Change in amount of the unpaid servicing fee from the prior period     -                  

 

 

 

 

Note Balances & Note Factors  $ Amount           
Original Class A   1,096,400,000.00           
Original Class B   34,530,000.00           
Original Class C   17,270,000.00           
                
Total Class A, B, & C               
Note Balance @ 08/15/25   142,001,142.43           
Principal Paid   9,956,170.67           
Note Balance @ 09/15/25   132,044,971.76           
                
Class A-1               
Note Balance @ 08/15/25   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   0.00           
Note Factor @ 09/15/25   0.0000000%          
                
Class A-2               
Note Balance @ 08/15/25   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   0.00           
Note Factor @ 09/15/25   0.0000000%          
                
Class A-3               
Note Balance @ 08/15/25   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   0.00           
Note Factor @ 09/15/25   0.0000000%          
                
Class A-4               
Note Balance @ 08/15/25   90,201,142.43           
Principal Paid   9,956,170.67           
Note Balance @ 09/15/25   80,244,971.76           
Note Factor @ 09/15/25   65.9909307%          
                
Class B               
Note Balance @ 08/15/25   34,530,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   34,530,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class C               
Note Balance @ 08/15/25   17,270,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   17,270,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Interest & Principal Payments  $ Amount           
Total Interest Paid   151,176.05           
Total Principal Paid   9,956,170.67           
Total Paid   10,107,346.72           
                
Class A-1               
Coupon   0.11772%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-1 Holders   0.00           
                
Class A-2               
Coupon   0.35000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2 Holders   0.00           
                
Class A-3               
Coupon   0.81000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-3 Holders   0.00           
                
Class A-4               
Coupon   1.10000%          
Interest Paid   82,684.38           
Principal Paid   9,956,170.67           
Total Paid to A-4 Holders   10,038,855.05           
                
Class B               
Coupon   1.52000%          
Interest Paid   43,738.00           
Principal Paid   0.00           
Total Paid to B Holders   43,738.00           
                
Class C               
Coupon   1.72000%          
Interest Paid   24,753.67           
Principal Paid   0.00           
Total Paid to C Holders   24,753.67           

 

 

 

 

Distribution per $1,000 of Notes  Total            
Total Interest Distribution Amount   0.1316635           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   8.6711119           
Total Distribution Amount   8.8027754           
                
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   0.0000000           
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   0.6799702           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   81.8764035           
Total A-4 Distribution Amount   82.5563737           
                
B Interest Distribution Amount   1.2666667           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   1.2666667           
                
C Interest Distribution Amount   1.4333335           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   1.4333335           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   0.00           
Noteholders' Third Priority Principal Distributable Amount   421.93           
Noteholders' Principal Distributable Amount   578.07           
                
Account Balances  $ Amount           
Reserve Account               
Balance as of 08/15/25   2,877,704.48           
Investment Earnings   10,381.45           
Investment Earnings Paid   (10,381.45)          
Deposit/(Withdrawal)   -           
Balance as of 09/15/25   2,877,704.48           
Change   -           
                
Required Reserve Amount   2,877,704.48           
                
Other Servicing Information  Current Month   Prior Month   Two Months Prior 
Principal Balance of Receivables extended during the Collection Period  $940,237.49   $1,407,168.60   $1,192,723.15 
Number of Extensions   79    109    92 
Ratio of extensions to Beginning of Period Receivables Balance   0.63%   0.88%   0.70%