FTC Reaches $48 Million Settlement with Invitation Homes Over Deceptive Junk Fees

Sep 24, 2024, 06:28 PM

The U.S. Federal Trade Commission (FTC) has reached a $48 million settlement with Invitation Homes, the largest landlord of single-family homes in the United States. The settlement follows allegations that Invitation Homes engaged in deceptive business practices, including charging hidden junk fees, deceiving renters, withholding security deposits, and employing unfair eviction practices. The FTC's action aims to address these unlawful practices and provide refunds to affected renters.