# HAROT-2022-1
American Honda Finance · prime · 44 monthly tapes, 2022-01-31 to 2025-08-31

**Score 0** (weighted flags).

## Latest month, counted from the loan tape

| Measure | Value |
|---|---|
| Pool factor | 8.7% |
| Cumulative net loss (of original pool) | 0.13% |
| 60+ reported (balance-weighted) | 0.35% |
| 60+ extension-adjusted (6-month lookback) | 0.35% |
| Masking gap | 0 bps |
| Extension stock (touched in trailing 6 months) | 0.00% |
| New extensions this month | 0.00% |
| Repossessed, not yet liquidated | 0.06% |
| Recoveries / charge-offs, cumulative | 71.6% |
| Loans remaining | 28,325 · balance $144.4M |
| At issuance | 77,478 loans, $1.66B, WA score 770, WA term 64.6, used 10% |

## Flags

- none

## Reads on the desk

- WATCH: Extension-adjusted 60+ delinquency (0.35%) sits 0bps above reported (0.35%), inside the 75bps threshold. Extensions are present but are not currently flattering the curve.
- WATCH: Cumulative net loss is 0.13% at month 43, against a median of 0.87% across the 17 deals on tape at the same seasoning. Below the band by 0.74 points.
- WATCH: Cumulative recoveries stand at 71.6% of charged-off principal. Evidence: Schedule AL chargedoffPrincipalAmount and recoveredAmount summed across all 44 monthly tapes.

## The bonds on top (servicer report, 2025-08-31)

Pool $0 · notes $121.0M in 1 classes · overcollateralization $0 · reserve $4.0M · reported cumulative net loss 0.13% · delinquency 0.01% vs trigger 4.80%

| Class | Balance | Hard enhancement below it | Enhancement % of pool | Cushion after stress 1 | after stress 2 |
|---|---|---|---|---|---|
| A-4 | $121.0M | $4.0M | 40485830000.0% | +$4.0M | +$4.0M |

Stress 1 = the tape's extension-adjusted 60+ balance (0.35% of pool) charged off at this deal's own severity (30%): $0. Stress 2 doubles it. Hard enhancement only (junior classes + OC + reserve); excess spread not counted. Not a rating. Not read from this issuer's layout: oc not parsed. Source: https://www.sec.gov/Archives/edgar/data/1902266/000119312525216018/na-ex99_1.htm

## How to verify

- Page: https://getbookiq.com/intel/#deal=HAROT-2022-1
- Data: https://getbookiq.com/intel/data/abs.json (deals[].months)
- Vintage and index curves for its lender: https://getbookiq.com/intel/#curves
- Definitions: https://getbookiq.com/dictionary/#auto-dq60a
- Source: Form ABS-EE loan tapes on SEC EDGAR. Extension-adjusted delinquency is a modeling choice: the same deal shows a gap of 562 / 1,156 / 2,191 bps at 3 / 6 / 12 month lookbacks. Never quote the gap without the window.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide