T he Federal Trade Commission is pursuing legal action against Invitation Homes, the largest landlord of single-family homes ...
(Bloomberg) -- Invitation Homes Inc. agreed to pay $48 million in a proposed settlement after the Federal Trade Commission alleged that the single-family landlord heaped hidden costs on renters.
The couple was forced to move out, then Invitation Homes took the couple to court for property abandonment and eviction.
The FTC said Tuesday that Invitation Homes unfairly withheld renters’ security deposits, charged them hidden fees and rented out houses in poor condition.
Renters who believe they were overcharged and left in unsafe houses by Invitation Homes will soon be able to tap the $48 million settlement. Douglas Farrar, director of public affairs for the FTC ...
The FTC said it had taken action in Atlanta federal court against Invitation Homes for unfair evictions, withholding security deposits, charging junk fees and deceiving renters about lease costs ...
In a statement, Invitation Homes said its agreement with the FTC doesn't admit any wrongdoing by the company, which is publicly traded and valued at nearly $22 billion. "Today's agreement brings ...
America's Largest Landlord Of Single-Family Homes Invitation Homes Faces FTC Fines For Alleged Unfair, Deceptive Practices The FTC has fined Invitation Homes $48 million for deceptive practices ...