Consumer complaint received 2025-07-07 00:00:00
Product: Mortgage — Other type of mortgage
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Valon Technologies, Inc.
State: MO

Complaint narrative:
To : Valon Mortgage , Inc . 
From : XXXX XXXX Address : XXXX XXXX XXXX XXXX, XXXX, Missouri XXXX Date : [ Insert Date ] RE : Formal Rebuttal to CFPB Response CFPB Case # XXXX Loan Number Ending In : XXXX I. FAILURE TO REBUT LEGAL NOTICE AND EVIDENCE Valons response dated XX/XX/XXXX, fails to acknowledge or rebut my attached and properly served NOTICE OF UNCONSCIONABLE CONTRACT. This 5.7 MB affidavit was submitted under penalty of perjury and included sworn allegations of : Title 12 banking violations ( 12 U.S.C. 84, 93a, 371 ) OCC regulation violations ( 12 C.F.R. 7.1004, 215.3 ) Deprivation of rights under color of law ( 42 U.S.C. 1983, 1985 ) Unjust enrichment, fraud, and lack of lawful consideration Valon did not dispute a single point. Silence equals agreement. Valon 's failure to rebut constitutes tacit admission, commercial dishonor, and lawful default.

II. ADMISSION OF NO CASH COLLATERAL DEPOSIT ACCOUNT Valon has admitted in prior correspondence that no cash collateral deposit account exists for the alleged loan. This confirms no lawful extension of credit occurred.

Under federal law : 12 U.S.C. 84 requires lending limits tied to actual capital or surplus.

12 C.F.R. 215.3 ( a ) ( 8 ) requires a legally binding commitment of funds.

Cotton v. PrivateBank, 235 F. Supp. 3d 809 ( N.D. Ill. 2017 ) confirms that claims of credit require proof of asset-based origin.

Federal Reserve operating procedures prohibit securitization and servicing without a valid originating asset.

Valons own admission proves that : No money of account or consideration was lawfully extended.

The transaction is a nullity under Title 12.

There is no standing to collect, foreclose, or report to credit agencies.

III. NO ORIGINAL NOTE = NO STANDING Valon has failed to produce the original, wet-ink promissory note.

Under controlling authority : Carpenter v. Longan, 83 U.S. 271 ( 1872 ) Carlin v. Davis, 332 F. Supp. 3d 876 ( S.D. Tex. 2018 ) UCC Article 3 A photocopy is not evidence of a lawful obligation. Foreclosure without the original note is fraudulent misrepresentation and violates 15 U.S.C. 1692e.

IV. CONDUCT UNDER COLOR OF LAW Valon is attempting foreclosure in XXXX XXXX, Missouri, a non-judicial jurisdiction that offers no constitutional oversight. 

This is a violation of : The 5th and 14th Amendments of the U.S. Constitution Missouri Constitution, Article I 2, 10, and 26 42 U.S.C. 1983 deprivation of rights under color of state law Valon is acting as a private actor under color of law, without lawful authority or a court order, which is a tortious abuse of process.

V. UNAUTHORIZED DISCLOSURE OF PRIVATE INFORMATION XXXX XXXX, XXXX, and Valon have : Shared personal financial data without consent, in violation of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6801 et seq. ) Violated the Fair Credit Reporting Act Failed to comply with state privacy laws This disclosure is unauthorized and unlawful. You are liable for civil damages and injunctive relief.

VI. CFPB HAS FAILED TO PERFORM ITS STATUTORY DUTY The Consumer Financial Protection Bureau ( CFPB ) has also failed in its obligation to uphold federal law and protect consumer rights.

By forwarding my complaint to a known debt collector who has no lawful standing, the CFPB is aiding and abetting the unlawful collection of a debt.

The CFPB admits that it does not intervene in legal disputes, but it is still bound by : The Administrative Procedure Act The Fair Credit Reporting Act The Dodd-Frank Act ( 12 U.S.C. 5481 et seq. ) CFPB has failed to investigate the underlying illegality of the transaction, including : No cash collateral deposit No original note Unauthorized credit reporting Violations of Title 12 and OCC regulations By refusing to intervene while still facilitating communication between the borrower and the servicer, the CFPB has created a constructive agency relationship and is thereby complicit in the unlawful enforcement of a fabricated debt. This is a breach of public trust.

VII. PROPERTY IS PRIVATE, NOT UNDER FEDERAL FORECLOSURE JURISDICTION This is a private, non-commercial homestead not subject to foreclosure under : Title 12 U.S.C. 371 Article I, Section 10 of the U.S. Constitution ( contracts clause ) Missouri Constitution, Article I 2, 10, 26 Federal preemption under Title 12 bars state non-judicial foreclosure, especially when the entity lacks lawful authority to enforce the alleged debt.

VIII. DEMAND FOR INVESTIGATION AND ACTION You are hereby placed on final notice : Cease and desist all foreclosure and collection activity immediately.

Produce all lawful documents demanded, including the original note and proof of consideration.

Respond to all points raised in the attached notice under penalty of perjury. 

Disclose servicing agreements between XXXX XXXX, XXXX Mortgage, and Valon. 

This rebuttal will be submitted to : CFPB ( official feedback ) Office of the Comptroller of the Currency ( OCC ) Office of Inspector General ( OIG ) U.S. Department of Justice ( DOJ ) Missouri Attorney General XXXX Attorney for the XXXX XXXX of Missouri Failure to respond will result in legal action for : Fraud Deprivation of rights Unauthorized collection Unauthorized disclosure Unjust enrichment Respectfully submitted, XXXX XXXX

Company response to consumer: Closed with explanation