Exhibit 99.1
World Omni Auto Receivables Trust 2022-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 | 277,724,416.90 | 17,669 | ||||||||||
Yield Supplement Overcollateralization Amount 07/31/25 | 19,710,501.79 | 0 | ||||||||||
Receivables Balance 07/31/25 | 297,434,918.69 | 17,669 | ||||||||||
Principal Payments | 13,467,328.13 | 585 | ||||||||||
Defaulted Receivables | 285,313.71 | 13 | ||||||||||
Repurchased Accounts | 0.00 | 0 | ||||||||||
Yield Supplement Overcollateralization Amount at 08/31/25 | 18,327,127.66 | 0 | ||||||||||
Pool Balance at 08/31/25 | 265,355,149.19 | 17,071 |
Pool Statistics | $ Amount | # of Accounts | ||||||||||
Pool Factor | 24.53 | % | ||||||||||
Prepayment ABS Speed | 1.10 | % | ||||||||||
Aggregate Starting Principal Balance | 1,156,658,989.82 | 50,043 | ||||||||||
Delinquent Receivables: | ||||||||||||
Past Due 31-60 days | 5,705,142.51 | 259 | ||||||||||
Past Due 61-90 days | 2,180,248.30 | 87 | ||||||||||
Past Due 91-120 days | 578,858.60 | 24 | ||||||||||
Past Due 121+ days | 0.00 | 0 | ||||||||||
Total | 8,464,249.41 | 370 | ||||||||||
Total 31+ Delinquent as % Aggregate Ending Principal Balance | 2.98 | % | ||||||||||
Total 61+ Delinquent as % Aggregate Ending Principal Balance | 0.97 | % | ||||||||||
Delinquency Trigger Occurred | NO | |||||||||||
Recoveries | 209,599.84 | |||||||||||
Aggregate Net Losses/(Gains) - August 2025 | 75,713.87 | |||||||||||
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized): | ||||||||||||
Current Net Losses/(Gains) Ratio | 0.31 | % | ||||||||||
Prior Net Losses/(Gains) Ratio | 0.16 | % | ||||||||||
Second Prior Net Losses/(Gains) Ratio | 0.58 | % | ||||||||||
Third Prior Net Losses/(Gains) Ratio | -0.06 | % | ||||||||||
Four Month Average | 0.25 | % | ||||||||||
Cumulative Net Loss as a % of Aggregate Starting Principal Balance | 0.71 | % | ||||||||||
Overcollateralization Target Amount | 5,106,453.81 | |||||||||||
Actual Overcollateralization | 5,106,453.81 | |||||||||||
Weighted Average Contract Rate | 5.26 | % | ||||||||||
Weighted Average Contract Rate, Yield Adjusted | 10.20 | % | ||||||||||
Weighted Average Remaining Term | 34.12 |
Flow of Funds | $ Amount | |||||||||||
Collections | 14,949,560.92 | |||||||||||
Investment Earnings on Cash Accounts | 22,492.34 | |||||||||||
Servicing Fee | (247,862.43 | ) | ||||||||||
Transfer to Collection Account | - | |||||||||||
Available Funds | 14,724,190.83 | |||||||||||
Distributions of Available Funds | ||||||||||||
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) | - | |||||||||||
(2) Class A Interest | 1,066,957.23 | |||||||||||
(3) Noteholders' First Priority Principal Distributable Amount | - | |||||||||||
(4) Class B Interest | - | |||||||||||
(5) Noteholders' Second Priority Principal Distributable Amount | - | |||||||||||
(6) Class C Interest | - | |||||||||||
(7) Noteholders' Third Priority Principal Distributable Amount | 7,262,813.90 | |||||||||||
(8) Required Reserve Account | - | |||||||||||
(9) Noteholders' Principal Distributable Amount | 5,106,453.81 | |||||||||||
(10) Asset Representation Reviewer Amounts (in excess of 1) | - | |||||||||||
(11) Distribution to Certificateholders | 1,287,965.89 | |||||||||||
Total Distributions of Available Funds | 14,724,190.83 | |||||||||||
Servicing Fee | 247,862.43 | |||||||||||
Unpaid Servicing Fee | - | |||||||||||
Change in amount of the unpaid servicing fee from the prior period | - |
Note Balances & Note Factors | $ Amount | |||||||||||
Original Class A | 975,300,000.00 | |||||||||||
Original Class B | 30,630,000.00 | |||||||||||
Original Class C | 15,360,000.00 | |||||||||||
Total Class A, B, & C | ||||||||||||
Note Balance @ 08/15/25 | 272,617,963.09 | |||||||||||
Principal Paid | 12,369,267.71 | |||||||||||
Note Balance @ 09/15/25 | 260,248,695.38 | |||||||||||
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-2a | ||||||||||||
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-2b | ||||||||||||
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 | 127,007,963.09 | |||||||||||
Principal Paid | 12,369,267.71 | |||||||||||
Note Balance @ 09/15/25 | 114,638,695.38 | |||||||||||
Note Factor @ 09/15/25 | 37.3586311 | % | ||||||||||
Class A-4 | ||||||||||||
Note Balance @ 08/15/25 | 99,620,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 99,620,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Class B | ||||||||||||
Note Balance @ 08/15/25 | 30,630,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 30,630,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Class C | ||||||||||||
Note Balance @ 08/15/25 | 15,360,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 15,360,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % |
Interest & Principal Payments | $ Amount | |||||||||||
Total Interest Paid | 1,066,957.23 | |||||||||||
Total Principal Paid | 12,369,267.71 | |||||||||||
Total Paid | 13,436,224.94 | |||||||||||
Class A-1 | ||||||||||||
Coupon | 4.42600 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-1 Holders | 0.00 | |||||||||||
Class A-2a | ||||||||||||
Coupon | 5.51000 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-2a Holders | 0.00 | |||||||||||
Class A-2b | ||||||||||||
One-Month SOFR | 4.34270 | % | ||||||||||
Coupon | 5.19270 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-2b Holders | 0.00 | |||||||||||
Class A-3 | ||||||||||||
Coupon | 5.61000 | % | ||||||||||
Interest Paid | 593,762.23 | |||||||||||
Principal Paid | 12,369,267.71 | |||||||||||
Total Paid to A-3 Holders | 12,963,029.94 | |||||||||||
Class A-4 | ||||||||||||
Coupon | 5.70000 | % | ||||||||||
Interest Paid | 473,195.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-4 Holders | 473,195.00 | |||||||||||
Class B | ||||||||||||
Coupon | 0.00000 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to B Holders | 0.00 | |||||||||||
Class C | ||||||||||||
Coupon | 0.00000 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to C Holders | 0.00 |
Distribution per $1,000 of Notes | Total | |||||||||||
Total Interest Distribution Amount | 1.0447152 | |||||||||||
Total Interest Carryover Shortfall | 0.0000000 | |||||||||||
Total Principal Distribution Amount | 12.1114157 | |||||||||||
Total Distribution Amount | 13.1561309 | |||||||||||
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 | 1.9349613 | |||||||||||
A-3 Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-3 Principal Distribution Amount | 40.3091563 | |||||||||||
Total A-3 Distribution Amount | 42.2441176 | |||||||||||
A-4 Interest Distribution Amount | 4.7500000 | |||||||||||
A-4 Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-4 Principal Distribution Amount | 0.0000000 | |||||||||||
Total A-4 Distribution Amount | 4.7500000 | |||||||||||
B Interest Distribution Amount | 0.0000000 | |||||||||||
B Interest Carryover Shortfall | 0.0000000 | |||||||||||
B Principal Distribution Amount | 0.0000000 | |||||||||||
Total B Distribution Amount | 0.0000000 | |||||||||||
C Interest Distribution Amount | 0.0000000 | |||||||||||
C Interest Carryover Shortfall | 0.0000000 | |||||||||||
C Principal Distribution Amount | 0.0000000 | |||||||||||
Total C Distribution Amount | 0.0000000 | |||||||||||
Noteholders' First Priority Principal Distributable Amount | 0.00 | |||||||||||
Noteholders' Second Priority Principal Distributable Amount | 0.00 | |||||||||||
Noteholders' Third Priority Principal Distributable Amount | 587.17 | |||||||||||
Noteholders' Principal Distributable Amount | 412.83 | |||||||||||
Account Balances | $ Amount | |||||||||||
Reserve Account | ||||||||||||
Balance as of 08/15/25 | 5,106,453.81 | |||||||||||
Investment Earnings | 18,497.16 | |||||||||||
Investment Earnings Paid | (18,497.16 | ) | ||||||||||
Deposit/(Withdrawal) | - | |||||||||||
Balance as of 09/15/25 | 5,106,453.81 | |||||||||||
Change | - | |||||||||||
Required Reserve Amount | 5,106,453.81 | |||||||||||
Other Servicing Information | Current Month | Prior Month | Two Months Prior | |||||||||
Principal Balance of Receivables extended during the Collection Period | $ | 1,965,265.41 | $ | 2,269,654.25 | $ | 1,590,385.46 | ||||||
Number of Extensions | 88 | 106 | 69 | |||||||||
Ratio of extensions to Beginning of Period Receivables Balance | 0.66 | % | 0.72 | % | 0.48 | % |