Ford Credit Auto Owner Trust 2022-A
07/21/2025 | Press release | Distributed by Public on 07/21/2025 07:08
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2022-A
Monthly Investor Report
| Collection Period | June 2025 | ||||
| Payment Date | 7/15/2025 | ||||
| Transaction Month | 42 | ||||
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 | $ | 1,146,189,073.03 | 34,997 | 56.9 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities: | |||||||||||||||||
| Class A-1 Notes | $ | 182,190,000.00 | 0.23886 | % | February 15, 2023 | ||||||||||||
| Class A-2 Notes | $ | 361,420,000.00 | 0.73 | % | September 15, 2024 | ||||||||||||
| Class A-3 Notes | $ | 361,420,000.00 | 1.29 | % | June 15, 2026 | ||||||||||||
| Class A-4 Notes | $ | 95,040,000.00 | 1.56 | % | May 15, 2027 | ||||||||||||
| Class B Notes | $ | 31,560,000.00 | 1.91 | % | July 15, 2027 | ||||||||||||
| Class C Notes | $ | 21,020,000.00 | 2.14 | % | July 15, 2029 | ||||||||||||
| Total | $ | 1,052,650,000.00 | |||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 401,892.63 | |||
| Principal: | |||||
| Principal Collections | $ | 8,829,709.06 | |||
| Prepayments in Full | $ | 3,187,836.55 | |||
| Liquidation Proceeds | $ | 143,666.81 | |||
| Recoveries | $ | 105,307.93 | |||
| Sub Total | $ | 12,266,520.35 | |||
| Collections | $ | 12,668,412.98 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 82,520.54 | |||
| Purchase Amounts Related to Interest | $ | 365.35 | |||
| Sub Total | $ | 82,885.89 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 12,751,298.87 | |||
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Ford Credit Auto Owner Trust 2022-A
Monthly Investor Report
| Collection Period | June 2025 | ||||
| Payment Date | 7/15/2025 | ||||
| Transaction Month | 42 | ||||
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 | $ | 12,751,298.87 | |||||||||||||||||||
| Servicing Fee | $ | 147,474.62 | $ | 147,474.62 | $ | 0.00 | $ | 0.00 | $ | 12,603,824.25 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,603,824.25 | |||||||||||||||||||
| Interest - Class A-2 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,603,824.25 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,603,824.25 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 120,542.78 | $ | 120,542.78 | $ | 0.00 | $ | 0.00 | $ | 12,483,281.47 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,483,281.47 | |||||||||||||||||||
| Interest - Class B Notes | $ | 50,233.00 | $ | 50,233.00 | $ | 0.00 | $ | 0.00 | $ | 12,433,048.47 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,433,048.47 | |||||||||||||||||||
| Interest - Class C Notes | $ | 37,485.67 | $ | 37,485.67 | $ | 0.00 | $ | 0.00 | $ | 12,395,562.80 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,395,562.80 | |||||||||||||||||||
| Regular Principal Payment | $ | 11,409,018.49 | $ | 11,409,018.49 | $ | 0.00 | $ | 0.00 | $ | 986,544.31 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 986,544.31 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 986,544.31 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 12,751,298.87 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 11,409,018.49 | |||||||||||||||||||||||||||
| Total | $ | 11,409,018.49 | |||||||||||||||||||||||||||
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-2 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 11,409,018.49 | $ | 120.04 | $ | 120,542.78 | $ | 1.27 | $ | 11,529,561.27 | $ | 121.31 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 50,233.00 | $ | 1.59 | $ | 50,233.00 | $ | 1.59 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 37,485.67 | $ | 1.78 | $ | 37,485.67 | $ | 1.78 | |||||||||||||||||||||||
| Total | $ | 11,409,018.49 | $ | 10.84 | $ | 208,261.45 | $ | 0.20 | $ | 11,617,279.94 | $ | 11.04 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2022-A
Monthly Investor Report
| Collection Period | June 2025 | ||||
| Payment Date | 7/15/2025 | ||||
| Transaction Month | 42 | ||||
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-2 Notes | $ | 0.00 | 0.0000000 | $ | 0.00 | 0.0000000 | |||||||||||||||||
| Class A-3 Notes | $ | 0.00 | 0.0000000 | $ | 0.00 | 0.0000000 | |||||||||||||||||
| Class A-4 Notes | $ | 92,725,212.92 | 0.9756441 | $ | 81,316,194.43 | 0.8555997 | |||||||||||||||||
| Class B Notes | $ | 31,560,000.00 | 1.0000000 | $ | 31,560,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 21,020,000.00 | 1.0000000 | $ | 21,020,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 145,305,212.92 | 0.1380375 | $ | 133,896,194.43 | 0.1271992 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 2.697 | % | 2.707 | % | |||||||
| Weighted Average Remaining Term | 23.88 | 23.14 | |||||||||
| Number of Receivables Outstanding | 13,457 | 12,984 | |||||||||
| Pool Balance | $ | 176,969,541.29 | $ | 164,640,103.86 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 166,381,296.18 | $ | 154,949,383.16 | |||||||
| Pool Factor | 0.1543982 | 0.1436413 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 2,631,648.59 | |||
| Yield Supplement Overcollateralization Amount | $ | 9,690,720.70 | |||
| Targeted Overcollateralization Amount | $ | 30,743,909.43 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 30,743,909.43 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 2,631,648.59 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 2,631,648.59 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 2,631,648.59 | |||
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Ford Credit Auto Owner Trust 2022-A
Monthly Investor Report
| Collection Period | June 2025 | ||||
| Payment Date | 7/15/2025 | ||||
| Transaction Month | 42 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | |||||||||||||||||||
| Current Collection Period Loss: | ||||||||||||||||||||
| Realized Loss (Charge-Offs) | 44 | $ | 85,704.47 | |||||||||||||||||
| (Recoveries) | 47 | $ | 105,307.93 | |||||||||||||||||
| Net Loss for Current Collection Period | $ | (19,603.46) | ||||||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | (0.1329) | % | ||||||||||||||||||
| Prior and Current Collection Periods Average Loss: | ||||||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | ||||||||||||||||||||
| Third Prior Collection Period | (0.2372) | % | ||||||||||||||||||
| Second Prior Collection Period | (0.2698) | % | ||||||||||||||||||
| Prior Collection Period | 0.8075 | % | ||||||||||||||||||
| Current Collection Period | (0.1377) | % | ||||||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.0407 | % | ||||||||||||||||||
| Cumulative Loss: | ||||||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,540 | $ | 6,030,525.40 | |||||||||||||||||
| (Cumulative Recoveries) | $ | 1,726,275.07 | ||||||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 4,304,250.33 | ||||||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.3755 | % | ||||||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 3,915.93 | ||||||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 2,794.97 | ||||||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | ||||||||||||||||||
| Delinquent Receivables: | ||||||||||||||||||||
| 31-60 Days Delinquent | 1.90 | % | 174 | $ | 3,120,448.25 | |||||||||||||||
| 61-90 Days Delinquent | 0.37 | % | 34 | $ | 611,187.70 | |||||||||||||||
| 91-120 Days Delinquent | 0.06 | % | 6 | $ | 95,292.06 | |||||||||||||||
| Over 120 Days Delinquent | 0.23 | % | 15 | $ | 378,780.02 | |||||||||||||||
| Total Delinquent Receivables | 2.55 | % | 229 | $ | 4,205,708.03 | |||||||||||||||
| Repossession Inventory: | ||||||||||||||||||||
| Repossessed in the Current Collection Period | 4 | $ | 84,397.91 | |||||||||||||||||
| Total Repossessed Inventory | 7 | $ | 175,820.56 | |||||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | ||||||||||||||||||||
| Second Prior Collection Period | 0.3381 | % | ||||||||||||||||||
| Prior Collection Period | 0.2898 | % | ||||||||||||||||||
| Current Collection Period | 0.4236 | % | ||||||||||||||||||
| Three Month Average | 0.3505 | % | ||||||||||||||||||
| 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 | 0.6592 | % | ||||||||||||||||||
| Delinquency Trigger Occurred | No | |||||||||||||||||||
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Ford Credit Auto Owner Trust 2022-A
Monthly Investor Report
| Collection Period | June 2025 | ||||
| Payment Date | 7/15/2025 | ||||
| Transaction Month | 42 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 48 | $877,734.08 | ||||||||||||
| 2 Months Extended | 74 | $1,403,376.40 | ||||||||||||
| 3+ Months Extended | 6 | $110,578.75 | ||||||||||||
| Total Receivables Extended | 128 | $2,391,689.23 | ||||||||||||
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 | ||
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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Ford Credit Auto Owner Trust 2022-A published this content on July 21, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 21, 2025 at 13:09 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io