Newport offices facing legal action

Two companies with offices in Newport Beach purporting themselves to be loan modification services are facing legal action from the office of the attorney general as part of a crackdown on mortgage relief scams.

The Federal Trade Commission is targeting 178 companies nationwide and 14 in California including Home Relief Services LLC and RMR Group Loss Mitigation LLC, who both have offices in Newport Beach and have allegedly swindled thousands of homeowners seeking mortgage relief out of thousands of dollars each.

The crackdown, called “Operation Loan Lies,” is aimed at stopping the fraudulent companies and forcing them to pay restitution to their victims.

— Jeremiah Dobruck