Consumer complaint received 2025-04-24 00:00:00
Product: Mortgage — Other type of mortgage
Issue: Applying for a mortgage or refinancing an existing mortgage — Loan estimate or other related disclosures
Company: Temple View Capital Funding, LP
State: TX

Complaint narrative:
On or about [ XXXX ], I entered into a bridge loan agreement facilitated by XXXX XXXX XXXX and funded by TVC Funding for my homestead property The loan was structured as a sale-leaseback transaction, but I understood it to be a home equity loan secured by my property. The loan-to-value ( XXXX ) ratio was 92 %, exceeding the 80 % maximum allowed under XXXX  XXXX ( XXXX XXXX, XXXX XXXX, Section 50 ( a ) ( XXXX ) ). 

TVC Funding, identified with XXXX  XXXX and operating through a XXXX XXXX XXXX at XXXX XXXX XXXX XXXX ( XXXX ) XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX XXXX, engaged in predatory and deceptive practices. XXXX XXXX XXXX provides trust and corporate services for entities like TVC Funding, facilitating XXXX  XXXX that obscure regulatory oversight. 

The following issues violate federal consumer protection laws under the CFPBs authority : XXXX. Truth in Lending Act ( TILA ) Violations : - TVC Funding and XXXX failed to provide required TILA disclosures, including a Truth in Lending Disclosure Statement, before I signed the agreement, violating 15 U.S.C. 1638 and 12 C.F.R. 226 ( Regulation Z ). 
- They did not verify my ability to repay the loan, violating TILAs ability-to-repay requirements under 15 U.S.C. 1639c. 

XXXX. Unfair, Deceptive, or Abusive Acts or Practices ( XXXX ) : - The companies misrepresented the transaction as a sale-leaseback to obscure its nature as a loan, misleading me about my rights and obligations. 
- They failed to disclose that the 92 % XXXX ratio was illegal under Texas law, inducing me into an unenforceable agreement. 
- Without my knowledge or consent, TVC Funding, through XXXX XXXX XXXX XXXX XXXX XXXX XXXX and XXXX XXXX, securitized my deed using special purpose vehicles ( SPVs ), including XXXX domiciled in the XXXX XXXX at the XXXX XXXX XXXX address ( XXXX XXXX XXXX, XXXX XXXX, XXXX ). They used a patented XXXX  system to evade regulatory oversight, which is deceptive and abusive under 12 U.S.C. 5531. 

XXXX. XXXX XXXX : - TVC Funding and XXXX acted as mortgage lenders or brokers without required licenses in Texas, violating state regulations and misleading me about the legitimacy of the transaction. 

XXXX. Deed Issues : - [ Placeholder : No deed was provided. Please provide details or documents. I believe the deed was improperly securitized through SPVs without my consent, and the agreement may lack required homestead protections under Texas law. ] What the Companies Did Wrong : - Failed to provide TILA disclosures and verify my ability to repay. 
- Misrepresented the loan as a sale-leaseback and hid the illegal 92 % XXXX ratio XXXX 
- Securitized my deed through offshore SPVs, facilitated by XXXX XXXX XXXX in the XXXX XXXX, without my knowledge, using a patented system to avoid regulation. 
- Operated without proper licenses, engaging in deceptive and unfair practices. 

Impact on Me : I have suffered financial harm, including [ describe harm, e.g., excessive interest payments, risk of losing my home, emotional distress ]. I was misled into an illegal and predatory loan that violates federal and XXXX  laws, putting my homestead at risk. 

What I Want : - Investigation : I request that the CFPB investigate TVC Funding ( XXXX  XXXX ), XXXX, XXXX XXXX XXXX XXXX XXXX XXXX XXXX, and XXXX XXXX for XXXX violations, UDAAP, and unlicensed lending, including their use of XXXX XXXX XXXX via XXXX XXXX XXXX. 
- Relief : I seek cancellation of the loan agreement, refund of all payments made, and penalties against the companies for their deceptive practices. award compensation for lost etc, deceptive trade practices, usury - Injunction : Prevent the companies from enforcing the loan or further securitizing my deed. 
TVCFunding.com TVCfunding.com/partners TEMPLE VIEW CAPITAL FUNDING , LP XXXX is licensed ( i ) by the XXXX XXXX of the XXXX  Department XXXX XXXX XXXX as a XXXX  XXXX XXXX and Broker under XXXX license XXXX  XXXX, ( ii ) by the Department of XXXX XXXX XXXX XXXX  XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX, ( iii ) in XXXX  as a Residential Mortgage Originator under License # XXXX, ( XXXX ) maintains its XXXX XXXX XXXX  Notification status in XXXX  through the XXXXXXXX XXXX XXXX XXXX XXXX XXXX ( v XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX and XXXX vi XXXX by the XXXX XXXX XXXX XXXX XXXX  as a Mortgage Company Licensee XXXX XXXX XXXX XXXX XXXX. * It should be noted that in the state of Nevada some of XXXX XXXX XXXX XXXX, XXXX  services may not be available to Nevada customers. 

* XXXX, terms and conditions offered apply only to qualified borrowers in accordance with our guidelines at the time of application, property factors and geography and are subject to change at any time without notice. This is a non-binding expression of interest and does not create any legally binding commitment or obligation on the part of Temple View XXXX XXXX XXXX XXXX  or its affiliates and are subject to our credit, legal and investment approval process. Rates and terms are as of XX/XX/XXXX Supporting Documents : Attached

Company response to consumer: Closed with explanation