# NAROT-2022-A
Nissan Motor Acceptance · prime · 53 monthly tapes, 2022-01-31 to 2026-05-31

**Score 0** (weighted flags).

## Latest month, counted from the loan tape

| Measure | Value |
|---|---|
| Pool factor | 1.8% |
| Cumulative net loss (of original pool) | 0.07% |
| 60+ reported (balance-weighted) | 0.40% |
| 60+ extension-adjusted (6-month lookback) | 0.40% |
| Masking gap | 0 bps |
| Extension stock (touched in trailing 6 months) | 0.00% |
| New extensions this month | 0.00% |
| Repossessed, not yet liquidated | 0.00% |
| Recoveries / charge-offs, cumulative | 75.3% |
| Loans remaining | 12,304 · balance $48.5M |
| At issuance | 116,030 loans, $2.62B, WA score 783, WA term 66.7, used 8% |

## Flags

- none

## Reads on the desk

- WATCH: Extension-adjusted 60+ delinquency (0.40%) sits 0bps above reported (0.40%), inside the 75bps threshold. Extensions are present but are not currently flattering the curve.
- WATCH: Cumulative net loss is 0.07% at month 52, against a median of 2.71% across the 6 deals on tape at the same seasoning. Below the band by 2.64 points.
- WATCH: Cumulative recoveries stand at 75.3% of charged-off principal. Evidence: Schedule AL chargedoffPrincipalAmount and recoveredAmount summed across all 53 monthly tapes.

## The bonds on top (servicer report, 2026-05-31)

Pool $54.9M · notes $0 in 0 classes · overcollateralization $0 · reserve $2.6M · delinquency 0.00% vs trigger 4.90%

| Class | Balance | Hard enhancement below it | Enhancement % of pool | Cushion after stress 1 | after stress 2 |
|---|---|---|---|---|---|

Stress 1 = the tape's extension-adjusted 60+ balance (0.40% of pool) charged off at this deal's own severity (30%): $65,210. 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; cnl_pct not parsed; classes not parsed. Source: https://www.sec.gov/Archives/edgar/data/1905655/000119312526284377/d119476dex991.htm

## How to verify

- Page: https://getbookiq.com/intel/#deal=NAROT-2022-A
- 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