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 […]