Nissan Auto Receivables 2022-B Owner Trust

11/22/2024 | Press release | Distributed by Public on 11/22/2024 14:48

Asset Backed Issuer Distribution Report Form 10 D

Nissan Auto Receivables 2022-B 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

1,477,843,167.03 569,338,480.74 541,100,423.50 0.415544

Yield Supplement Overcollaterization

175,694,119.15 43,027,798.53 39,982,639.89

Total Adjusted Pool Balance

1,302,149,047.88 526,310,682.21 501,117,783.61

Total Adjusted Securities

1,302,149,047.88 526,310,682.21 501,117,783.61 0.384839

Class A-1 Notes

3.68800 % 270,000,000.00 0.00 0.00 0.000000

Class A-2a Notes

4.50000 % 443,300,000.00 0.00 0.00 0.000000

Class A-2b Notes

0.00000 % 0.00 0.00 0.00 0.000000

Class A-3 Notes

4.46000 % 443,300,000.00 380,761,634.33 355,568,735.73 0.802095

Class A-4 Notes

4.45000 % 93,400,000.00 93,400,000.00 93,400,000.00 1.000000

Certificates

0.00000 % 52,149,047.88 52,149,047.88 52,149,047.88 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

25,192,898.60 1,415,164.07 56.8303600 3.1923394

Class A-4 Notes

0.00 346,358.33 -  3.7083333

Certificates

0.00 0.00 -  - 

Total Securities

25,192,898.60 1,761,522.40

I. COLLECTIONS

Interest:

Interest Collections

1,225,621.33

Repurchased Loan Proceeds Related to Interest

0.00

Total Interest Collections

1,225,621.33

Principal:

Principal Collections

27,816,874.24

Repurchased Loan Proceeds Related to Principal

0.00

Total Principal Collections

27,816,874.24

Recoveries of Defaulted Receivables

218,513.75

Total Collections

29,261,009.32

II. COLLATERAL POOL BALANCE DATA

Number Amount

Adjusted Pool Balance - Beginning of Period

41,695 526,310,682.21

Total Principal Payment

25,192,898.60
40,421 501,117,783.61

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Nissan Auto Receivables 2022-B Owner Trust

Servicer's Certificate

III. DISTRIBUTIONS

Total Collections

29,261,009.32

Reserve Account Draw

0.00

Total Available for Distribution

29,261,009.32

1. Reimbursement of Advance

0.00

2. Servicing Fee:

Servicing Fee Due

474,448.73

Servicing Fee Paid

474,448.73

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

1,415,164.07

Class A-3 Notes Monthly Interest Paid

1,415,164.07

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

346,358.33

Class A-4 Notes Monthly Interest Paid

346,358.33

Change in Class A-4 Notes Interest Carryover Shortfall

0.00

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Nissan Auto Receivables 2022-B Owner Trust

Servicer's Certificate

Total Note Monthly Interest

Total Note Monthly Interest Due

1,761,522.40

Total Note Monthly Interest Paid

1,761,522.40

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

27,025,038.19

4. Total Monthly Principal Paid on the Notes

25,192,898.60

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

25,192,898.60

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

1,832,139.59

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Certificateholder

1,832,139.59

V. RESERVE ACCOUNT

Initial Reserve Account Amount

3,255,372.62

Required Reserve Account Amount

3,255,372.62

Beginning Reserve Account Balance

3,255,372.62

Deposit of Remaining Available Collections

0.00

Ending Reserve Account Balance

3,255,372.62

Required Reserve Account Amount for Next Period

3,255,372.62

VI. POOL STATISTICS

Weighted Average Coupon

2.61 %

Weighted Average Remaining Maturity

33.78
Amount Number

Principal on Defaulted Receivables

421,183.00 19

Principal Recoveries of Defaulted Receivables

218,513.75

Monthly Net Losses

202,669.25

Pool Balance at Beginning of Collection Period

569,338,480.74

Net Loss Ratio for Third Preceding Collection Period

0.71 %

Net Loss Ratio for Second Preceding Collection Period

0.46 %

Net Loss Ratio for Preceding Collection Period

-0.18 %

Net Loss Ratio for Current Collection Period

0.43 %

Four-Month Average Net Loss Ratio

0.36 %

Cumulative Net Losses for all Periods

4,297,435.73

Page 3 of 4

Nissan Auto Receivables 2022-B Owner Trust

Servicer's Certificate

Amount Number % of Receivables
(EOP Balance)

Delinquent Receivables:

31-60 Days Delinquent

3,293,969.96 177 0.61 %

61-90 Days Delinquent

665,443.65 36 0.12 %

91-120 Days Delinquent

185,917.73 10 0.03 %

More than 120 Days

0.00 0 0.00 %

Total 31+ Days Delinquent Receivables:

4,145,331.34 223 0.77 %

61+ Days Delinquencies as Percentage of Receivables (EOP):

Delinquency Ratio for Third Preceding Collection Period

0.17 % 0.12 %

Delinquency Ratio for Second Preceding Collection Period

0.11 % 0.09 %

Delinquency Ratio for Preceding Collection Period

0.17 % 0.11 %

Delinquency Ratio for Current Collection Period

0.16 % 0.11 %

Four-Month Average Delinquency Ratio

0.15 % 0.11 %

60 Day Delinquent Receivables

898,412.52

Delinquency Percentage

0.17 %

Delinquency Trigger

4.90 %

Does the Delinquency Percentage exceed the Delinquency Trigger?

No

Principal Balance of Extensions

2,031,310.26

Number of Extensions

102

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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