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Will FTC announce additional settlements with other major landlords over deceptive practices by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
FTC announcements, major news outlets
Story
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.
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Progress Residential • 25%
American Homes 4 Rent • 25%
Tricon Residential • 25%
Other • 25%
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