Exhibit 99.1

 

World Omni Auto Receivables Trust 2026-B
Monthly Servicer Certificate
September 30, 2026

 

Dates Covered            
Collections Period   09/01/26 - 09/30/26           
Interest Accrual Period   09/15/26 - 10/14/26           
30/360 Days   30           
Actual/360 Days   30           
Distribution Date   10/15/26           

 

Collateral Pool Balance Data  $ Amount   # of Accounts     
Pool Balance at 08/31/26   1,104,472,294.25    41,571      
Yield Supplement Overcollateralization Amount 08/31/26   71,278,940.37    0      
Receivables Balance 08/31/26   1,175,751,234.62    41,571      
Principal Payments   40,460,994.11    1,102      
Defaulted Receivables   2,112,634.89    63      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 09/30/26   67,967,955.89    0      
Pool Balance at 09/30/26   1,065,209,649.73    40,406      
                
Pool Statistics   $ Amount    # of Accounts      
Pool Factor   80.59%          
Prepayment ABS Speed   1.68%          
Aggregate Starting Principal Balance   1,406,046,144.06    46,693      
                
Delinquent Receivables:               
Past Due 31-60 days   13,416,298.55    505      
Past Due 61-90 days   3,976,086.72    148      
Past Due 91-120 days   1,202,065.55    44      
Past Due 121+ days   0.00    0      
 Total   18,594,450.82    697      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   1.64%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.46%          
Delinquency Trigger Occurred   NO           
                
Recoveries   1,176,509.99           
Aggregate Net Losses/(Gains) - September 2026   936,124.90           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   0.96%          
Prior Net Losses/(Gains) Ratio   1.12%          
Second Prior Net Losses/(Gains) Ratio   0.88%          
Third Prior Net Losses/(Gains) Ratio   0.12%          
Four Month Average   0.77%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.23%          
                
Overcollateralization Target Amount   9,586,886.85           
Actual Overcollateralization   9,586,886.85           
Weighted Average Contract Rate   5.78%          
Weighted Average Contract Rate, Yield Adjusted   8.71%          
Weighted Average Remaining Term   55.80           
                
Flow of Funds   $ Amount           
Collections   47,256,208.81           
Investment Earnings on Cash Accounts   29,415.92           
Servicing Fee   (979,792.70)          
Transfer to Collection Account   -           
Available Funds   46,305,832.03           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   3,644,363.03           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   151,707.42           
    (5)  Noteholders' Second Priority Principal Distributable Amount   9,582,393.87           
    (6)  Class C Interest   79,947.00           
    (7)  Noteholders' Third Priority Principal Distributable Amount   19,740,000.00           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   9,586,886.85           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   3,520,533.86           
                
Total Distributions of Available Funds   46,305,832.03           
                
Servicing Fee   979,792.70           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors   $ Amount           
Original Class A   1,257,140,000.00           
Original Class B   39,490,000.00           
Original Class C   19,740,000.00           
                
Total Class A, B, & C               
Note Balance @ 09/15/26   1,094,532,043.60           
Principal Paid   38,909,280.72           
Note Balance @ 10/15/26   1,055,622,762.88           
                
Class A-1               
Note Balance @ 09/15/26   46,162,043.60           
Principal Paid   38,909,280.72           
Note Balance @ 10/15/26   7,252,762.88           
Note Factor @ 10/15/26   2.7062548%          
                
Class A-2a               
Note Balance @ 09/15/26   250,000,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   250,000,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Class A-2b               
Note Balance @ 09/15/26   199,140,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   199,140,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Class A-3               
Note Balance @ 09/15/26   449,140,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   449,140,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Class A-4               
Note Balance @ 09/15/26   90,860,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   90,860,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Class B               
Note Balance @ 09/15/26   39,490,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   39,490,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Class C               
Note Balance @ 09/15/26   19,740,000.00           
Principal Paid   0.00           
Note Balance @ 10/15/26   19,740,000.00           
Note Factor @ 10/15/26   100.0000000%          
                
Interest & Principal Payments   $ Amount           
Total Interest Paid   3,876,017.45           
Total Principal Paid   38,909,280.72           
Total Paid   42,785,298.17           
                
Class A-1               
Coupon   3.82200%          
Interest Paid   147,026.11           
Principal Paid   38,909,280.72           
Total Paid to A-1 Holders   39,056,306.83           
                
Class A-2a               
Coupon   4.11000%          
Interest Paid   856,250.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   856,250.00           
                
Class A-2b               
SOFR Rate   3.64850%          
Coupon   4.02850%          
Interest Paid   668,529.58           
Principal Paid   0.00           
Total Paid to A-2b Holders   668,529.58           
                
Class A-3               
Coupon   4.37000%          
Interest Paid   1,635,618.17           
Principal Paid   0.00           
Total Paid to A-3 Holders   1,635,618.17           
                
Class A-4               
Coupon   4.45000%          
Interest Paid   336,939.17           
Principal Paid   0.00           
Total Paid to A-4 Holders   336,939.17           
                
Class B               
Coupon   4.61000%          
Interest Paid   151,707.42           
Principal Paid   0.00           
Total Paid to B Holders   151,707.42           

 

 

 

 

Class C               
Coupon   4.86000%          
Interest Paid   79,947.00           
Principal Paid   0.00           
Total Paid to C Holders   79,947.00           
                
Distribution per $1,000 of Notes   Total            
Total Interest Distribution Amount   2.9444742           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   29.5580124           
Total Distribution Amount   32.5024866           
                
A-1 Interest Distribution Amount   0.5486049           
A-1 Interest Carryover Shortfall   0.0000000           
A-1 Principal Distribution Amount   145.1838833           
Total A-1 Distribution Amount   145.7324882           
                
A-2a  Interest Distribution Amount   3.4250000           
A-2a Interest Carryover Shortfall   0.0000000           
A-2a  Principal Distribution Amount   0.0000000           
Total A-2a  Distribution Amount   3.4250000           
                
A-2b  Interest Distribution Amount   3.3570834           
A-2b Interest Carryover Shortfall   0.0000000           
A-2b  Principal Distribution Amount   0.0000000           
Total A-2b  Distribution Amount   3.3570834           
                
A-3 Interest Distribution Amount   3.6416667           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   0.0000000           
Total A-3 Distribution Amount   3.6416667           
                
A-4 Interest Distribution Amount   3.7083334           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   3.7083334           
                
B Interest Distribution Amount   3.8416668           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   3.8416668           
                
C Interest Distribution Amount   4.0500000           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   4.0500000           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   246.28           
Noteholders' Third Priority Principal Distributable Amount   507.33           
Noteholders' Principal Distributable Amount   246.39           
                
Account Balances   $ Amount           
Reserve Account               
Balance as of 09/15/26   3,290,943.97           
Investment Earnings   9,956.62           
Investment Earnings Paid   (9,956.62)          
Deposit/(Withdrawal)   -           
Balance as of 10/15/26   3,290,943.97           
Change   -           
                
Required Reserve Amount   3,290,943.97