FTC Fines Invitation Homes $48M for Deceptive Rental Practices and Hidden Fees.
(ThyBlackMan.com) The nation’s largest corporate landlord for single-family home rentals was recently fined $48 million by the Federal Trade Commission (FTC) for years-long financial abuses of tenants. The firm, Invitation Homes, also will be required to change its practices, and agree to long-term monitoring of its rental activity. According to the September 24 settlement, renters who resided in one of Invitation Homes’ over 33,000 properties between 2018 and 2023 will be the beneficiaries. Its rental properties across the nation are […]