|
Hyundai Auto Receivables Trust 2022-B
|
|
Monthly Servicing Report
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collection Period
|
|
|
|
March 2026
|
|
|
Distribution Date
|
|
|
|
04/15/26
|
|
|
Transaction Month
|
|
|
|
45
|
|
|
30/360 Days
|
|
|
|
30
|
|
|
Actual/360 Days
|
|
|
|
30
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I. ORIGINAL DEAL PARAMETERS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cut off Date:
|
|
|
June 7, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Closing Date:
|
|
|
July 20, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dollars
|
|
|
Units
|
|
|
WAC
|
|
|
WARM
|
|
|
|
|
|
|
Original Pool Balance:
|
|
|
$
|
1,537,128,048.52
|
|
|
|
65,507
|
|
|
|
3.29
|
%
|
|
54.60
|
|
|
|
|
|
|
Original Adj. Pool Balance:
|
|
|
$
|
1,393,975,736.04
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount
|
|
|
% of Pool
|
|
|
Note Rate
|
|
|
|
|
|
|
Final Payment Date
|
|
|
Class A-1 Notes
|
Fixed
|
|
|
$
|
286,000,000.00
|
|
|
|
18.606
|
%
|
|
2.55700
|
%
|
|
|
|
|
|
July 17, 2023
|
|
|
Class A-2-A Notes
|
Fixed
|
|
|
$
|
355,000,000.00
|
|
|
|
23.095
|
%
|
|
3.64000
|
%
|
|
|
|
|
|
May 15, 2025
|
|
|
Class A-2-B Notes
|
Floating
|
|
|
$
|
118,400,000.00
|
|
|
|
7.703
|
%
|
|
SOFR + 0.58
|
%
|
|
|
|
|
|
May 15, 2025
|
|
|
Class A-3 Notes
|
Fixed
|
|
|
$
|
429,100,000.00
|
|
|
|
27.916
|
%
|
|
3.72000
|
%
|
|
|
|
|
|
November 16, 2026
|
|
|
Class A-4 Notes
|
Fixed
|
|
|
$
|
103,700,000.00
|
|
|
|
6.746
|
%
|
|
3.80000
|
%
|
|
|
|
|
|
August 15, 2028
|
|
|
Class B Notes
|
Fixed
|
|
|
$
|
25,100,000.00
|
|
|
|
1.633
|
%
|
|
4.51000
|
%
|
|
|
|
|
|
August 15, 2028
|
|
|
Class C Notes
|
Fixed
|
|
|
$
|
41,800,000.00
|
|
|
|
2.719
|
%
|
|
|
4.80000
|
%
|
|
|
|
|
|
January 16, 2029
|
|
|
Total Securities
|
|
|
$
|
1,359,100,000.00
|
|
|
|
88.418
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization
|
|
|
$
|
34,875,736.04
|
|
|
|
2.269
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
YSOA
|
|
|
$
|
143,152,312.48
|
|
|
|
9.313
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Original Pool Balance
|
|
|
$
|
1,537,128,048.52
|
|
|
|
100.00
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
II. POOL BALANCE AND PORTFOLIO INFORMATION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning of Period
|
|
|
Ending of Period
|
|
|
Change
|
|
|
|
|
|
|
Balance
|
|
|
Note Factor
|
|
|
Balance
|
|
|
Note Factor
|
|
|
|
|
|
|
Class A-1 Notes
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
Class A-2-A Notes
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
Class A-2-B Notes
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
Class A-3 Notes
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
|
-
|
|
|
$
|
-
|
|
|
Class A-4 Notes
|
|
|
$
|
28,058,626.90
|
|
|
|
0.2705750
|
|
|
$
|
14,964,576.89
|
|
|
|
0.1443064
|
|
|
$
|
13,094,050.02
|
|
|
Class B Notes
|
|
|
$
|
25,100,000.00
|
|
|
|
1.0000000
|
|
|
$
|
25,100,000.00
|
|
|
|
1.0000000
|
|
|
$
|
-
|
|
|
Class C Notes
|
|
|
$
|
41,800,000.00
|
|
|
|
1.0000000
|
|
|
$
|
41,800,000.00
|
|
|
|
1.0000000
|
|
|
$
|
-
|
|
|
Total Securities
|
|
|
$
|
94,958,626.90
|
|
|
|
0.0698688
|
|
|
$
|
81,864,576.89
|
|
|
|
0.0602344
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Avg. Coupon (WAC)
|
|
|
3.98
|
%
|
|
|
|
|
|
4.03
|
%
|
|
|
|
|
|
|
|
|
Weighted Avg. Remaining Maturity (WARM)
|
|
|
17.02
|
|
|
|
|
|
|
|
16.36
|
|
|
|
|
|
|
|
|
|
|
Pool Receivables Balance
|
|
|
$
|
140,646,176.33
|
|
|
|
|
|
|
$
|
126,657,562.77
|
|
|
|
|
|
|
|
|
|
|
Remaining Number of Receivables
|
|
|
22,844
|
|
|
|
|
|
|
|
21,693
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted Pool Balance
|
|
|
$
|
133,292,959.64
|
|
|
|
|
|
|
$
|
120,198,909.63
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
III. COLLECTIONS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal:
|
|
Principal Collections
|
|
|
$
|
13,863,129.79
|
|
|
Repurchased Contract Proceeds Related to Principal
|
|
|
$
|
-
|
|
|
Recoveries/Liquidation Proceeds
|
|
|
$
|
138,875.51
|
|
|
Total Principal Collections
|
|
|
$
|
14,002,005.30
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest:
|
|
Interest Collections
|
|
|
$
|
444,568.58
|
|
|
Late Fees & Other Charges
|
|
|
$
|
27,836.99
|
|
|
Interest on Repurchase Principal
|
|
|
$
|
-
|
|
|
Total Interest Collections
|
|
|
$
|
472,405.57
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collection Account Interest
|
|
|
$
|
44,517.55
|
|
|
Reserve Account Interest
|
|
|
$
|
21,001.76
|
|
|
Servicer Advances
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Collections
|
|
|
$
|
14,539,930.18
|
|
|
IV. DISTRIBUTIONS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Collections
|
|
$
|
14,539,930.18
|
|
|
Reserve Account Release
|
|
$
|
-
|
|
|
Reserve Account Draw
|
|
$
|
-
|
|
|
Total Available for Distribution
|
|
$
|
14,539,930.18
|
|
|
|
|
|
|
Amount Due
|
|
|
Interest Pymt Due but unpaid from prior periods
|
|
|
Amount Paid
|
|
|
|
|
|
|
|
|
1. Servicing Fee @1.00%:
|
|
Servicing Fee Due
|
1.00
|
%
|
$
|
117,205.15
|
|
|
$
|
-
|
|
|
$
|
117,205.15
|
|
|
|
|
|
117,205.15
|
|
|
Collection & Reserve Account Interest
|
|
$
|
65,519.31
|
|
|
Late Fees & Other Charges
|
|
$
|
27,836.99
|
|
|
Total due to Servicer
|
|
$
|
210,561.45
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2. Class A Noteholders Interest:
|
|
Class A-1 Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-2-A Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-2-B Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-3 Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-4 Notes
|
|
|
$
|
88,852.32
|
|
|
|
|
|
|
$
|
88,852.32
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Class A interest:
|
|
|
$
|
88,852.32
|
|
|
|
|
|
|
$
|
88,852.32
|
|
|
|
|
|
88,852.32
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3. First Priority Principal Distribution:
|
|
|
$
|
0.00
|
|
|
|
|
|
|
$
|
0.00
|
|
|
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4. Class B Noteholders Interest:
|
|
|
$
|
94,334.17
|
|
|
|
|
|
|
$
|
94,334.17
|
|
|
|
|
|
94,334.17
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5. Second Priority Principal Distribution:
|
|
|
$
|
0.00
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6. Class C Noteholders Interest:
|
|
|
$
|
167,200.00
|
|
|
|
|
|
|
$
|
167,200.00
|
|
|
|
|
|
167,200.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available Funds Remaining:
|
|
$
|
13,978,982.24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7. Regular Principal Distribution Amount:
|
|
|
13,094,050.02
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributable Amount
|
|
|
|
|
|
|
Paid Amount
|
|
|
|
|
|
|
|
|
Class A-1 Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-2-A Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-2-B Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-3 Notes
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class A-4 Notes
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
|
|
Class A Notes Total:
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
|
|
Class B Notes Total:
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Class C Notes Total:
|
|
|
$
|
-
|
|
|
|
|
|
|
$
|
-
|
|
|
|
|
|
|
|
|
Total Noteholders Principal
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
$
|
13,094,050.02
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8. Required Deposit to Reserve Account
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9. Trustee Expenses and Asset Representations Reviewer Expenses
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10. Remaining Available Collections Released to Certificateholder
|
|
|
884,932.22
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Period Required Amount
|
|
$
|
7,353,216.69
|
|
|
Beginning Period Amount
|
|
$
|
7,353,216.69
|
|
|
Current Period Amortization
|
|
$
|
894,563.54
|
|
|
Ending Period Required Amount
|
|
$
|
6,458,653.14
|
|
|
Ending Period Amount
|
|
$
|
6,458,653.14
|
|
|
Next Distribution Date Required Amount
|
|
$
|
5,639,835.93
|
|
|
VI. RESERVE ACCOUNT
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reserve Percentage of Initial Adjusted Pool Balance
|
|
|
|
0.50
|
%
|
|
Beginning Period Required Amount
|
|
|
$
|
6,969,878.68
|
|
|
Beginning Period Amount
|
|
|
$
|
6,969,878.68
|
|
|
Current Period Release to Collection Account
|
|
|
$
|
-
|
|
|
Current Period Deposit
|
|
|
$
|
-
|
|
|
Current Period Release to Depositor
|
|
|
$
|
-
|
|
|
Ending Period Required Amount (0.50% of APB of cut-off date)
|
|
|
$
|
6,969,878.68
|
|
|
Ending Period Amount
|
|
|
$
|
6,969,878.68
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
VII. OVERCOLLATERALIZATION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target
|
|
|
2.75
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Floor
|
|
|
2.75
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning
|
|
|
Ending
|
|
|
Target
|
|
|
Overcollateralization Amount
|
|
|
$
|
38,334,332.74
|
|
|
$
|
38,334,332.74
|
|
|
$
|
38,334,332.74
|
|
|
Overcollateralization as a % of Original Adjusted Pool
|
|
|
2.75
|
%
|
|
2.75
|
%
|
|
2.75
|
%
|
|
Overcollateralization as a % of Current Adjusted Pool
|
|
|
28.76
|
%
|
|
31.89
|
%
|
|
31.89
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
VIII. DELINQUENCY AND NET LOSS ACTIVITY
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables
|
|
|
Units Percent
|
|
|
Units
|
|
|
Dollars Percent
|
|
|
Amount
|
|
|
Current
|
|
|
97.90
|
%
|
|
21,237
|
|
|
|
96.28
|
%
|
$
|
121,939,982.43
|
|
|
30 - 60 Days
|
|
|
1.70
|
%
|
|
368
|
|
|
|
2.95
|
%
|
$
|
3,739,905.62
|
|
|
61 - 90 Days
|
|
|
0.32
|
%
|
|
69
|
|
|
|
0.63
|
%
|
$
|
800,060.61
|
|
|
91-120 Days
|
|
|
0.09
|
%
|
|
19
|
|
|
|
0.14
|
%
|
$
|
177,614.11
|
|
|
121 + Days
|
|
|
0.00
|
%
|
|
0
|
|
|
|
0.00
|
%
|
$
|
-
|
|
|
Total
|
|
|
21,693
|
|
|
|
|
|
|
$
|
126,657,562.77
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables 30+ Days Past Due
|
|
Current Period
|
|
|
2.10
|
%
|
|
456
|
|
|
|
3.72
|
%
|
$
|
4,717,580.34
|
|
|
1st Preceding Collection Period
|
|
|
2.00
|
%
|
|
458
|
|
|
|
3.54
|
%
|
$
|
4,974,325.83
|
|
|
2nd Preceding Collection Period
|
|
|
2.27
|
%
|
|
545
|
|
|
|
3.92
|
%
|
$
|
6,085,128.25
|
|
|
3rd Preceding Collection Period
|
|
|
2.19
|
%
|
|
563
|
|
|
|
3.79
|
%
|
$
|
6,468,216.34
|
|
|
Four-Month Average
|
|
|
2.14
|
%
|
|
|
|
|
|
|
3.74
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of 61+ Delinquency Receivables Balance to EOP Pool Balance
|
|
|
0.77
|
%
|
|
|
|
|
Delinquency Percentage exceeds Delinquency Trigger of 9.6% (Y/N)
|
|
|
No
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repossession in Current Period
|
|
|
28
|
|
|
|
|
|
|
$
|
326,129.46
|
|
|
Repossession Inventory
|
|
|
42
|
|
|
|
|
|
|
$
|
603,373.68
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Charge-Offs
|
|
Gross Principal of Charge-Offs
|
|
|
$
|
125,483.77
|
|
|
Recoveries
|
|
|
$
|
(138,875.51
|
)
|
|
Net Loss
|
|
|
$
|
(13,391.74
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Current Net Loss to Beginning Pool Balance (annualized)
|
|
|
|
-0.11
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Pool Balance for Current Period
|
|
|
$
|
133,651,869.55
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Current Net Loss to Average Pool Balance (annualized)
|
|
Current Period
|
|
|
|
-0.12
|
%
|
|
1st Preceding Collection Period
|
|
|
|
0.24
|
%
|
|
2nd Preceding Collection Period
|
|
|
|
0.09
|
%
|
|
3rd Preceding Collection Period
|
|
|
|
0.28
|
%
|
|
Four-Month Average
|
|
|
|
0.12
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Charge-Offs
|
|
|
Change in units from prior period
|
|
|
Cumulative Units
|
|
|
Cumulative Amount
|
|
|
Gross Principal of Charge-Offs
|
|
|
14
|
|
|
|
1,517
|
|
|
$
|
28,119,039.33
|
|
|
Recoveries
|
|
|
20
|
|
|
|
1,265
|
|
|
$
|
(15,119,757.69
|
)
|
|
Net Loss
|
|
|
$
|
12,999,281.64
|
|
|
Cumulative Net Loss as a % of Initial Pool Balance
|
|
|
|
0.85
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Loss for Receivables that have experienced a Net Loss *
|
|
|
7
|
|
|
|
1,319
|
|
|
$
|
12,999,281.64
|
|
|
Average Net Loss for Receivables that have experienced a Net Loss
|
|
|
$
|
9,855.41
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal Balance of Extensions
|
|
|
$
|
595,135.68
|
|
|
Number of Extensions
|
|
|
|
59
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Excludes receivables with recovered amounts equal to or in excess of principal charge-offs due to the recovery of assessments, such as interest and fees.
|