The SEP article on facts goes over many conceptions of these things. Sec. 5 of the article on correspondence theories of truth lists the following objection at its end:
All facts, even the most simple ones, are disreputable. Fact-talk, being wedded to that-clauses, is entirely parasitic on truth-talk. Facts are too much like truthbearers. Facts are fictions, spurious sentence-like slices of reality, “projected from true sentences for the sake of correspondence” (Quine 1987, p. 213; cf. Strawson 1950).
Granted, if one rejects the concept of facts altogether, one will not tend to have much, if any, fact/value distinction unless it is some sort of less-objectionable truth/value distinction. But so is this phenomenon (the evaporation of the difference between such things) limited strictly to the case of a total rejection of fact-talk in the first place, or can it be wedded to variations between thin and thick theories of facts? So to say, the weaker (read: more general/abstract) a conception of facts is, the less the conception lends itself to being distinguished from (general/abstract) conceptions of values? For example, combine the disquotational picture of truth in general with "sentence-like slices of reality" talk: isn't, "I value X," is true if and only if I value X, then a fact of value? Or, "'X ought to be valued,' is true if and only if X ought to be valued," etc.: if there is no more to facts generally-speaking than such a bare truth-conditional relation, how is the fact/value distinction to be vividly drawn?
So far as I can tell, even if we differentiate, "It is valuable that ψ," from, "It is a fact that ψ," we can still go on to say, "It is a fact that it is valuable that ψ," and nothing is amiss, here, as far as ordinary language goes? Does the fact/value distinction turn on more substantive conceptions of facts and values, so that it is only drawn by those who adopt such conceptions (and can be avoided by those of us who don't read so very much, if anything, into fact-talk)?