FTC Reaches $48 Million Settlement with Largest Landlord Invitation Homes Over Unlawful Practices

Sep 24, 2024, 03:54 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, announced on Tuesday, follows allegations that Invitation Homes engaged in several unlawful practices, including deceiving renters, charging junk fees, withholding security deposits, and employing unfair eviction practices. The FTC's action aims to refund renters who were impacted by these practices.