EX-99.1 2 tm2526680d38_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

World Omni Auto Receivables Trust 2025-B

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   1,067,176,874.38    43,120      
Yield Supplement Overcollateralization Amount 07/31/25   57,800,418.60    0      
Receivables Balance 07/31/25   1,124,977,292.98    43,120      
Principal Payments   37,694,839.01    1,541      
Defaulted Receivables   1,641,248.99    43      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 08/31/25   55,047,788.51    0      
Pool Balance at 08/31/25   1,030,593,416.47    41,536      

 

Pool Statistics  $ Amount   # of Accounts     
Pool Factor   84.69%          
Prepayment ABS Speed   1.70%          
Aggregate Starting Principal Balance   1,281,827,259.43    48,293      
                
Delinquent Receivables:               
Past Due 31-60 days   9,119,888.68    352      
Past Due 61-90 days   2,782,752.43    99      
Past Due 91-120 days   423,034.71    22      
Past Due 121+ days   0.00    0      
 Total   12,325,675.82    473      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   1.14%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.30%          
Delinquency Trigger Occurred   NO           
                
Recoveries   782,483.76           
Aggregate Net Losses/(Gains) - August 2025   858,765.23           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   0.92%          
Prior Net Losses/(Gains) Ratio   0.40%          
Second Prior Net Losses/(Gains) Ratio   0.13%          
Third Prior Net Losses/(Gains) Ratio   0.06%          
Four Month Average   0.38%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.11%          
                
Overcollateralization Target Amount   9,275,340.75           
Actual Overcollateralization   9,275,340.75           
Weighted Average Contract Rate   6.56%          
Weighted Average Contract Rate, Yield Adjusted   9.12%          
Weighted Average Remaining Term   57.51           

 

Flow of Funds   $ Amount           
Collections   44,549,081.17           
Investment Earnings on Cash Accounts   22,647.87           
Servicing Fee   (937,481.08)          
Transfer to Collection Account   -           
Available Funds   43,634,247.96           
                
Distributions of Available Funds               
(1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
(2)  Class A Interest   3,770,569.85           
(3)  Noteholders' First Priority Principal Distributable Amount   -           
(4)  Class B Interest   -           
(5)  Noteholders' Second Priority Principal Distributable Amount   8,778,866.04           
(6)  Class C Interest   -           
(7)  Noteholders' Third Priority Principal Distributable Amount   18,200,000.00           
(8)  Required Reserve Account   -           
(9)  Noteholders' Principal Distributable Amount   9,275,340.75           
(10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
(11) Distribution to Certificateholders   3,609,471.32           
                
Total Distributions of Available Funds   43,634,247.96           
                
Servicing Fee   937,481.08           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors   $ Amount           
Original Class A   1,158,330,000.00           
Original Class B   36,380,000.00           
Original Class C   18,200,000.00           
                
Total Class A, B, & C               
Note Balance @ 08/15/25   1,057,572,282.51           
Principal Paid   36,254,206.79           
Note Balance @ 09/15/25   1,021,318,075.72           
                
Class A-1               
Note Balance @ 08/15/25   104,662,282.51           
Principal Paid   36,254,206.79           
Note Balance @ 09/15/25   68,408,075.72           
Note Factor @ 09/15/25   26.3107984%          
                
Class A-2a               
Note Balance @ 08/15/25   220,000,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   220,000,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class A-2b               
Note Balance @ 08/15/25   188,000,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   188,000,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class A-3               
Note Balance @ 08/15/25   408,000,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   408,000,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class A-4               
Note Balance @ 08/15/25   82,330,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   82,330,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class B               
Note Balance @ 08/15/25   36,380,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   36,380,000.00           
Note Factor @ 09/15/25   100.0000000%          
                
Class C               
Note Balance @ 08/15/25   18,200,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/25   18,200,000.00           
Note Factor @ 09/15/25   100.0000000%          

 

Interest & Principal Payments   $ Amount           
Total Interest Paid   3,770,569.85           
Total Principal Paid   36,254,206.79           
Total Paid   40,024,776.64           
                
Class A-1               
Coupon   4.46100%          
Interest Paid   402,051.44           
Principal Paid   36,254,206.79           
Total Paid to A-1 Holders   36,656,258.23           
                
Class A-2a               
Coupon   4.38000%          
Interest Paid   803,000.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   803,000.00           
                
Class A-2b               
SOFR Rate   4.34270%          
Coupon   4.81270%          
Interest Paid   779,122.66           
Principal Paid   0.00           
Total Paid to A-2b Holders   779,122.66           
                
Class A-3               
Coupon   4.34000%          
Interest Paid   1,475,600.00           
Principal Paid   0.00           
Total Paid to A-3 Holders   1,475,600.00           
                
Class A-4               
Coupon   4.53000%          
Interest Paid   310,795.75           
Principal Paid   0.00           
Total Paid to A-4 Holders   310,795.75           
                
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   3.1086971           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   29.8902695           
Total Distribution Amount   32.9989666           
                
A-1 Interest Distribution Amount   1.5463517           
A-1 Interest Carryover Shortfall   0.0000000           
A-1 Principal Distribution Amount   139.4392569           
Total A-1 Distribution Amount   140.9856086           
                
A-2a  Interest Distribution Amount   3.6500000           
A-2a Interest Carryover Shortfall   0.0000000           
A-2a  Principal Distribution Amount   0.0000000           
Total A-2a  Distribution Amount   3.6500000           
                
A-2b  Interest Distribution Amount   4.1442695           
A-2b Interest Carryover Shortfall   0.0000000           
A-2b  Principal Distribution Amount   0.0000000           
Total A-2b  Distribution Amount   4.1442695           
                
A-3 Interest Distribution Amount   3.6166667           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   0.0000000           
Total A-3 Distribution Amount   3.6166667           
                
A-4 Interest Distribution Amount   3.7750000           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   3.7750000           
                
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   242.15           
Noteholders' Third Priority Principal Distributable Amount   502.01           
Noteholders' Principal Distributable Amount   255.84           

 

Account Balances   $ Amount           
Reserve Account               
Balance as of 08/15/25   3,032,278.96           
Investment Earnings   10,983.86           
Investment Earnings Paid   (10,983.86)          
Deposit/(Withdrawal)   -           
Balance as of 09/15/25   3,032,278.96           
Change   -           
                
Required Reserve Amount   3,032,278.96