World Omni Auto Receivables Trust 2022-D
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Monthly Servicer Certificate
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August 31, 2024
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Dates Covered
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Collections Period
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08/01/24 - 08/31/24
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Interest Accrual Period
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08/15/24 - 09/15/24
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30/360 Days
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30
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Actual/360 Days
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32
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Distribution Date
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09/16/24
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Collateral Pool Balance Data
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$ Amount
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# of Accounts
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Pool Balance at 07/31/24
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470,627,041.88
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24,378
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Yield Supplement Overcollateralization Amount 07/31/24
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45,824,875.90
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0
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Receivables Balance 07/31/24
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516,451,917.78
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24,378
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Principal Payments
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20,804,316.57
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655
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Defaulted Receivables
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777,573.61
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43
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Repurchased Accounts
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0.00
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0
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Yield Supplement Overcollateralization Amount at 08/31/24
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43,140,835.65
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0
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Pool Balance at 08/31/24
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451,729,191.95
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23,680
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Pool Statistics
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$ Amount
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# of Accounts
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Pool Factor
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42.78
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%
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Prepayment ABS Speed
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1.34
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%
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Aggregate Starting Principal Balance
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1,156,658,989.82
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50,043
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Delinquent Receivables:
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Past Due 31-60 days
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6,843,383.07
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269
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Past Due 61-90 days
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2,967,901.40
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107
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Past Due 91-120 days
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651,198.98
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28
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Past Due 121+ days
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0.00
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0
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Total
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10,462,483.45
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404
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Total 31+ Delinquent as % Aggregate Ending Principal Balance
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2.11
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%
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Total 61+ Delinquent as % Aggregate Ending Principal Balance
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0.73
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%
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Delinquency Trigger Occurred
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NO
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Recoveries
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620,938.35
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Aggregate Net Losses/(Gains) - August 2024
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156,635.26
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Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
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Current Net Losses/(Gains) Ratio
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0.36
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%
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Prior Net Losses/(Gains) Ratio
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0.36
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%
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Second Prior Net Losses/(Gains) Ratio
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0.78
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%
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Third Prior Net Losses/(Gains) Ratio
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0.34
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%
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Four Month Average
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0.46
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%
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Cumulative Net Loss as a % of Aggregate Starting Principal Balance
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0.55
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%
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Overcollateralization Target Amount
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5,106,453.81
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Actual Overcollateralization
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5,106,453.81
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Weighted Average Contract Rate
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5.12
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%
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Weighted Average Contract Rate, Yield Adjusted
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10.45
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%
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Weighted Average Remaining Term
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44.36
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Flow of Funds
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$ Amount
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Collections
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23,655,335.90
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Investment Earnings on Cash Accounts
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29,811.68
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Servicing Fee
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(430,376.60
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Transfer to Collection Account
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-
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Available Funds
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23,254,770.98
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Distributions of Available Funds
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(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
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-
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(2) Class A Interest
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1,971,907.11
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(3) Noteholders' First Priority Principal Distributable Amount
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-
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(4) Class B Interest
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-
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(5) Noteholders' Second Priority Principal Distributable Amount
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-
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(6) Class C Interest
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-
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(7) Noteholders' Third Priority Principal Distributable Amount
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13,791,396.12
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(8) Required Reserve Account
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-
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(9) Noteholders' Principal Distributable Amount
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5,106,453.81
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(10) Asset Representation Reviewer Amounts (in excess of 1)
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-
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(11) Distribution to Certificateholders
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2,385,013.94
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Total Distributions of Available Funds
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23,254,770.98
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Servicing Fee
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430,376.60
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Unpaid Servicing Fee
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-
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Change in amount of the unpaid servicing fee from the prior period
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-
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Distribution per $1,000 of Notes
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Total
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Total Interest Distribution Amount
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1.9308004
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Total Interest Carryover Shortfall
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0.0000000
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Total Principal Distribution Amount
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18.5039019
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Total Distribution Amount
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20.4347023
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A-1 Interest Distribution Amount
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0.0000000
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A-1 Interest Carryover Shortfall
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0.0000000
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A-1 Principal Distribution Amount
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0.0000000
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Total A-1 Distribution Amount
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0.0000000
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A-2a Interest Distribution Amount
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0.1679295
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A-2a Interest Carryover Shortfall
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0.0000000
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A-2a Principal Distribution Amount
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36.5726602
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Total A-2a Distribution Amount
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36.7405897
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A-2b Interest Distribution Amount
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0.2016707
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A-2b Interest Carryover Shortfall
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0.0000000
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A-2b Principal Distribution Amount
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36.5726603
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Total A-2b Distribution Amount
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36.7743310
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A-3 Interest Distribution Amount
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4.6750000
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A-3 Interest Carryover Shortfall
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0.0000000
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A-3 Principal Distribution Amount
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19.0551452
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Total A-3 Distribution Amount
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23.7301452
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A-4 Interest Distribution Amount
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4.7500000
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A-4 Interest Carryover Shortfall
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0.0000000
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A-4 Principal Distribution Amount
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0.0000000
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Total A-4 Distribution Amount
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4.7500000
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B Interest Distribution Amount
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0.0000000
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B Interest Carryover Shortfall
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0.0000000
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B Principal Distribution Amount
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0.0000000
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Total B Distribution Amount
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0.0000000
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C Interest Distribution Amount
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0.0000000
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C Interest Carryover Shortfall
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0.0000000
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C Principal Distribution Amount
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0.0000000
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Total C Distribution Amount
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0.0000000
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Noteholders' First Priority Principal Distributable Amount
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0.00
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Noteholders' Second Priority Principal Distributable Amount
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0.00
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Noteholders' Third Priority Principal Distributable Amount
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729.79
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Noteholders' Principal Distributable Amount
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270.21
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Account Balances
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$ Amount
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Reserve Account
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Balance as of 08/15/24
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5,106,453.81
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Investment Earnings
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22,852.06
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Investment Earnings Paid
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(22,852.06
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Deposit/(Withdrawal)
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-
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Balance as of 09/16/24
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5,106,453.81
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Change
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-
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Required Reserve Amount
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5,106,453.81
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Other Servicing Information
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Current Month
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Prior Month
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Two Months Prior
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Principal Balance of Receivables extended during the Collection Period
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$
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3,575,955.87
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$
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4,479,469.05
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$
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3,464,744.84
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Number of Extensions
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128
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155
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117
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Ratio of extensions to Beginning of Period Receivables Balance
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0.69
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%
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0.83
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%
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0.62
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%
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