11/22/2024 | Press release | Distributed by Public on 11/22/2024 14:51
Nissan Auto Receivables 2022-A Owner Trust
Servicer's Certificate
Collection Period |
31-Oct-24 | 30/360 Days | 30 | Collection Period Start | 1-Oct-24 | |||||||||||
Distribution Date |
15-Nov-24 | Actual/360 Days | 31 | Collection Period End | 31-Oct-24 | |||||||||||
Prior Month Settlement Date | 15-Oct-24 | |||||||||||||||
Current Month Settlement Date | 15-Nov-24 |
Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
Pool Balance |
1,142,065,005.32 | 305,105,221.38 | 287,450,913.38 | 0.275953 | ||||||||||||||||
Yield Supplement Overcollaterization |
100,398,337.54 | 13,797,488.71 | 12,588,253.21 | |||||||||||||||||
Total Adjusted Pool Balance |
1,041,666,667.78 | 291,307,732.67 | 274,862,660.17 | |||||||||||||||||
Total Adjusted Securities |
1,041,666,667.78 | 291,307,732.67 | 274,862,660.17 | 0.263868 | ||||||||||||||||
Class A-1 Notes |
0.49597 | % | 180,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2a Notes |
1.32000 | % | 365,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2b Notes |
0.00000 | % | 0.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-3 Notes |
1.86000 | % | 365,000,000.00 | 159,641,064.89 | 143,195,992.39 | 0.392318 | ||||||||||||||
Class A-4 Notes |
2.07000 | % | 90,000,000.00 | 90,000,000.00 | 90,000,000.00 | 1.000000 | ||||||||||||||
Certificates |
0.00000 | % | 41,666,667.78 | 41,666,667.78 | 41,666,667.78 | 1.000000 | ||||||||||||||
Principal Payment |
Interest Payment |
Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
|||||||||||||||||
Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
Class A-2a Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
Class A-2b Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
Class A-3 Notes |
16,445,072.50 | 247,443.65 | 45.0549932 | 0.6779278 | ||||||||||||||||
Class A-4 Notes |
0.00 | 155,250.00 | - | 1.7250000 | ||||||||||||||||
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
Total Securities |
16,445,072.50 | 402,693.65 | ||||||||||||||||||
I. COLLECTIONS |
||||||||||||||||||||
Interest: |
||||||||||||||||||||
Interest Collections |
350,023.50 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
Total Interest Collections |
350,023.50 | |||||||||||||||||||
Principal: |
||||||||||||||||||||
Principal Collections |
17,423,475.10 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
Total Principal Collections |
17,423,475.10 | |||||||||||||||||||
Recoveries of Defaulted Receivables |
193,059.79 | |||||||||||||||||||
Total Collections |
17,966,558.39 | |||||||||||||||||||
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
Number | Amount | |||||||||||||||||||
Adjusted Pool Balance - Beginning of Period |
27,895 | 291,307,732.67 | ||||||||||||||||||
Total Principal Payment |
16,445,072.50 | |||||||||||||||||||
27,241 | 274,862,660.17 |
Page 1 of 4
Nissan Auto Receivables 2022-A Owner Trust
Servicer's Certificate
III. DISTRIBUTIONS |
||||
Total Collections |
17,966,558.39 | |||
Reserve Account Draw |
0.00 | |||
Total Available for Distribution |
17,966,558.39 | |||
1. Reimbursement of Advance |
0.00 | |||
2. Servicing Fee: |
||||
Servicing Fee Due |
254,254.35 | |||
Servicing Fee Paid |
254,254.35 | |||
Servicing Fee Shortfall |
0.00 | |||
3. Interest: |
||||
Class A-1 Notes Monthly Interest |
||||
Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-1 Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest |
||||
Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-2a Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest |
||||
Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-2b Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest |
||||
Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest Distributable Amount |
247,443.65 | |||
Class A-3 Notes Monthly Interest Paid |
247,443.65 | |||
Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest |
||||
Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest Distributable Amount |
155,250.00 | |||
Class A-4 Notes Monthly Interest Paid |
155,250.00 | |||
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 |
Page 2 of 4
Nissan Auto Receivables 2022-A Owner Trust
Servicer's Certificate
Total Note Monthly Interest |
||||||||
Total Note Monthly Interest Due |
402,693.65 | |||||||
Total Note Monthly Interest Paid |
402,693.65 | |||||||
Total Note Interest Carryover Shortfall |
0.00 | |||||||
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
Total Available for Principal Distribution |
17,309,610.39 | |||||||
4. Total Monthly Principal Paid on the Notes |
16,445,072.50 | |||||||
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
Total Noteholders' Principal Distributable Amount |
16,445,072.50 | |||||||
Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
Total Certificateholders' Principal Distributable Amount |
0.00 | |||||||
Change in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
Remaining Available Collections |
864,537.89 | |||||||
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
Remaining Available Collections Released to Certificateholder |
864,537.89 | |||||||
V. RESERVE ACCOUNT |
||||||||
Initial Reserve Account Amount |
2,604,166.67 | |||||||
Required Reserve Account Amount |
2,604,166.67 | |||||||
Beginning Reserve Account Balance |
2,604,166.67 | |||||||
Deposit of Remaining Available Collections |
0.00 | |||||||
Ending Reserve Account Balance |
2,604,166.67 | |||||||
Required Reserve Account Amount for Next Period |
2,604,166.67 | |||||||
VI. POOL STATISTICS |
||||||||
Weighted Average Coupon |
1.38 | % | ||||||
Weighted Average Remaining Maturity |
26.33 | |||||||
Amount | Number | |||||||
Principal on Defaulted Receivables |
230,832.90 | 18 | ||||||
Principal Recoveries of Defaulted Receivables |
193,059.79 | |||||||
Monthly Net Losses |
37,773.11 | |||||||
Pool Balance at Beginning of Collection Period |
305,105,221.38 | |||||||
Net Loss Ratio for Third Preceding Collection Period |
0.06 | % | ||||||
Net Loss Ratio for Second Preceding Collection Period |
0.46 | % | ||||||
Net Loss Ratio for Preceding Collection Period |
0.46 | % | ||||||
Net Loss Ratio for Current Collection Period |
0.15 | % | ||||||
Four-Month Average Net Loss Ratio |
0.28 | % | ||||||
Cumulative Net Losses for all Periods |
2,278,177.58 |
Page 3 of 4
Nissan Auto Receivables 2022-A Owner Trust
Servicer's Certificate
Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
Delinquent Receivables: |
||||||||||||
31-60 Days Delinquent |
2,178,617.67 | 151 | 0.76 | % | ||||||||
61-90 Days Delinquent |
131,796.87 | 13 | 0.05 | % | ||||||||
91-120 Days Delinquent |
68,091.68 | 7 | 0.02 | % | ||||||||
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
Total 31+ Days Delinquent Receivables: |
2,378,506.22 | 171 | 0.83 | % | ||||||||
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
Delinquency Ratio for Third Preceding Collection Period |
0.11 | % | 0.09 | % | ||||||||
Delinquency Ratio for Second Preceding Collection Period |
0.15 | % | 0.13 | % | ||||||||
Delinquency Ratio for Preceding Collection Period |
0.10 | % | 0.10 | % | ||||||||
Delinquency Ratio for Current Collection Period |
0.07 | % | 0.07 | % | ||||||||
Four-Month Average Delinquency Ratio |
0.11 | % | 0.10 | % | ||||||||
60 Day Delinquent Receivables |
199,888.55 | |||||||||||
Delinquency Percentage |
0.07 | % | ||||||||||
Delinquency Trigger |
4.90 | % | ||||||||||
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
Principal Balance of Extensions |
1,112,856.15 | |||||||||||
Number of Extensions |
75 | |||||||||||
VII. STATEMENTS TO NOTEHOLDERS |
||||||||||||
1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
NO | |||||||||||
2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
NO | |||||||||||
3. Has there been an issuance of notes or other securities backed by the Receivables? |
NO | |||||||||||
4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO |
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