Ford Credit Auto Owner Trust 2022-D

07/21/2025 | Press release | Distributed by Public on 07/21/2025 07:23

Asset-Backed Issuer Distribution Report (Form 10-D)


Ford Credit Auto Owner Trust 2022-D
Monthly Investor Report
Collection Period June 2025
Payment Date 7/15/2025
Transaction Month 32
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-258040 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
Dollar Amount # of Receivables Weighted Avg Remaining Term at Cutoff
Initial Pool Balance $ 1,471,280,949.11 45,366 54.6 months
Dollar Amount Note Interest Rate Final Scheduled Payment Date
Original Securities
Class A-1 Notes $ 254,320,000.00 4.594 % December 15, 2023
Class A-2a Notes $ 300,340,000.00 5.37 % August 15, 2025
Class A-2b Notes $ 160,000,000.00 5.06385 % * August 15, 2025
Class A-3 Notes $ 460,340,000.00 5.27 % May 15, 2027
Class A-4 Notes $ 75,000,000.00 5.30 % March 15, 2028
Class B Notes $ 39,480,000.00 5.98 % June 15, 2028
Class C Notes $ 26,300,000.00 6.46 % May 15, 2030
Total $ 1,315,780,000.00
* 30-day average SOFR + 0.76%
II. AVAILABLE FUNDS
Interest:
Interest Collections $ 1,397,491.21
Principal:
Principal Collections $ 15,102,946.76
Prepayments in Full $ 6,552,461.14
Liquidation Proceeds $ 290,060.15
Recoveries $ 161,592.75
Sub Total $ 22,107,060.80
Collections $ 23,504,552.01
Purchase Amounts:
Purchase Amounts Related to Principal $ 205,839.28
Purchase Amounts Related to Interest $ 1,141.46
Sub Total $ 206,980.74
Clean-up Call $0.00
Reserve Account Draw Amount $ 0.00
Available Funds - Total $23,711,532.75
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Ford Credit Auto Owner Trust 2022-D
Monthly Investor Report
Collection Period June 2025
Payment Date 7/15/2025
Transaction Month 32
III. DISTRIBUTIONS
Calculated Amount Amount Paid Shortfall Carryover Shortfall Remaining Available Funds
Trustee and Other Fees/Expenses $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 23,711,532.75
Servicing Fee $ 323,171.74 $ 323,171.74 $ 0.00 $ 0.00 $ 23,388,361.01
Interest - Class A-1 Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 23,388,361.01
Interest - Class A-2a Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 23,388,361.01
Interest - Class A-2b Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 23,388,361.01
Interest - Class A-3 Notes $ 813,752.07 $ 813,752.07 $ 0.00 $ 0.00 $ 22,574,608.94
Interest - Class A-4 Notes $ 331,250.00 $ 331,250.00 $ 0.00 $ 0.00 $ 22,243,358.94
First Priority Principal Payment $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 22,243,358.94
Interest - Class B Notes $ 196,742.00 $ 196,742.00 $ 0.00 $ 0.00 $ 22,046,616.94
Second Priority Principal Payment $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 22,046,616.94
Interest - Class C Notes $ 141,581.67 $ 141,581.67 $ 0.00 $ 0.00 $ 21,905,035.27
Reserve Account Deposit $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 21,905,035.27
Regular Principal Payment $ 19,939,704.68 $ 19,939,704.68 $ 0.00 $ 0.00 $ 1,965,330.59
Additional Trustee and Other Fees/Expenses $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 1,965,330.59
Residual Released to Depositor $ 0.00 $ 1,965,330.59 $ 0.00 $ 0.00 $ 0.00
Total $ 23,711,532.75
Principal Payment:
First Priority Principal Payment $ 0.00
Second Priority Principal Payment $ 0.00
Regular Principal Payment $ 19,939,704.68
Total $ 19,939,704.68
IV. NOTEHOLDER PAYMENTS
Noteholder Principal Payments Noteholder Interest Payments Total Payment
Per $1,000 of Per $1,000 of Per $1,000 of
Actual Original Balance Actual Original Balance Actual Original Balance
Class A-1 Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
Class A-2a Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
Class A-2b Notes $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
Class A-3 Notes $ 19,939,704.68 $ 43.32 $ 813,752.07 $ 1.77 $ 20,753,456.75 $ 45.09
Class A-4 Notes $ 0.00 $ 0.00 $ 331,250.00 $ 4.42 $ 331,250.00 $ 4.42
Class B Notes $ 0.00 $ 0.00 $ 196,742.00 $ 4.98 $ 196,742.00 $ 4.98
Class C Notes $ 0.00 $ 0.00 $ 141,581.67 $ 5.38 $ 141,581.67 $ 5.38
Total $ 19,939,704.68 $ 15.15 $ 1,483,325.74 $ 1.13 $ 21,423,030.42 $ 16.28
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Ford Credit Auto Owner Trust 2022-D
Monthly Investor Report
Collection Period June 2025
Payment Date 7/15/2025
Transaction Month 32

V. NOTE BALANCE AND POOL INFORMATION
Beginning of Period End of Period
Balance Note Factor Balance Note Factor
Class A-1 Notes $ 0.00 0.0000000 $ 0.00 0.0000000
Class A-2a Notes $ 0.00 0.0000000 $ 0.00 0.0000000
Class A-2b Notes $ 0.00 0.0000000 $ 0.00 0.0000000
Class A-3 Notes $ 185,294,589.12 0.4025168 $ 165,354,884.44 0.3592016
Class A-4 Notes $ 75,000,000.00 1.0000000 $ 75,000,000.00 1.0000000
Class B Notes $ 39,480,000.00 1.0000000 $ 39,480,000.00 1.0000000
Class C Notes $ 26,300,000.00 1.0000000 $ 26,300,000.00 1.0000000
Total $ 326,074,589.12 0.2478185 $ 306,134,884.44 0.2326642
Pool Information
Weighted Average APR 4.316 % 4.350 %
Weighted Average Remaining Term 31.37 30.69
Number of Receivables Outstanding 21,351 20,616
Pool Balance $ 387,806,082.47 $ 365,291,997.39
Adjusted Pool Balance (Pool Balance - YSOC Amount) $ 354,260,097.23 $ 333,982,681.27
Pool Factor 0.2635840 0.2482816

VI. OVERCOLLATERALIZATION INFORMATION
Specified Reserve Balance $ 3,947,367.68
Yield Supplement Overcollateralization Amount $ 31,309,316.12
Targeted Overcollateralization Amount $ 59,157,112.95
Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) $ 59,157,112.95

VII. RECONCILIATION OF RESERVE ACCOUNT
Beginning Reserve Account Balance $ 3,947,367.68
Reserve Account Deposits Made $ 0.00
Reserve Account Draw Amount $ 0.00
Ending Reserve Account Balance $ 3,947,367.68
Change in Reserve Account Balance $ 0.00
Specified Reserve Balance $ 3,947,367.68

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Ford Credit Auto Owner Trust 2022-D
Monthly Investor Report
Collection Period June 2025
Payment Date 7/15/2025
Transaction Month 32
VIII. NET LOSS AND DELINQUENT RECEIVABLES
# of Receivables Amount
Current Collection Period Loss:
Realized Loss (Charge-Offs) 78 $ 362,777.75
(Recoveries) 72 $ 161,592.75
Net Loss for Current Collection Period $ 201,185.00
Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) 0.6225 %
Prior and Current Collection Periods Average Loss:
Ratio of Net Loss to the Average Pool Balance (annualized)
Third Prior Collection Period 1.0468 %
Second Prior Collection Period -0.2187 %
Prior Collection Period 0.3590 %
Current Collection Period 0.6411 %
Four Month Average (Current and Prior Three Collection Periods) 0.4570 %
Cumulative Loss:
Cumulative Realized Loss (Charge-Offs) 2,132 $ 11,679,646.70
(Cumulative Recoveries) $ 2,059,145.68
Cumulative Net Loss for All Collection Periods $ 9,620,501.02
Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance 0.6539 %
Average Realized Loss for Receivables that have experienced a Realized Loss $ 5,478.26
Average Net Loss for Receivables that have experienced a Realized Loss $ 4,512.43
% of EOP Pool Balance # of Receivables Amount
Delinquent Receivables:
31-60 Days Delinquent 1.78 % 243 $ 6,490,532.85
61-90 Days Delinquent 0.32 % 54 $ 1,178,104.10
91-120 Days Delinquent 0.09 % 11 $ 345,465.37
Over 120 Days Delinquent 0.25 % 30 $ 896,300.46
Total Delinquent Receivables 2.44 % 338 $ 8,910,402.78
Repossession Inventory:
Repossessed in the Current Collection Period 19 $ 552,505.47
Total Repossessed Inventory 27 $ 785,787.91
Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:
Second Prior Collection Period 0.4034 %
Prior Collection Period 0.3747 %
Current Collection Period 0.4608 %
Three Month Average 0.4130 %
Delinquency Trigger (61+ Delinquent Receivables)
Transaction Month Trigger
1-12 0.80%
13-24 1.50%
25-36 2.70%
37+ 4.40%
61+ Delinquent Receivables Balance to EOP Pool Balance 0.6624 %
Delinquency Trigger Occurred No
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Ford Credit Auto Owner Trust 2022-D
Monthly Investor Report
Collection Period June 2025
Payment Date 7/15/2025
Transaction Month 32

Receivables Granted Extensions in the Current Collection Period: # of Receivables Amount
1 Month Extended 81 $2,248,375.54
2 Months Extended 124 $3,366,232.42
3+ Months Extended 22 $626,256.25
Total Receivables Extended 227 $6,240,864.21
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
No Activity to report
Most Recent Form ABS-15G for repurchase demand activity
Filed by: Ford Motor Credit Company LLC
CIK#: 0000038009
Date: February 7, 2025
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
Benchmark Transition Event: N/A
Benchmark Replacement Date: N/A
Unadjusted Benchmark Replacement: N/A
Benchmark Replacement Adjustment: N/A
Benchmark Replacement Conforming Changes: N/A

SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer

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