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FTC Drops HAMMER On Sketchy Mega-Landlord

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Invitation Homes must pay a $48 million settlement after The Federal Trade Commission (FTC) accused them of deception to customers, junk fees and withholding security deposits. Ana Kasparian discusses on The Young Turks. Your Support is Crucial to the Show: https://go.tyt.com/jointoday

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Read more HERE: https://www.denver7.com/follow-up/mega-landlord-invitation-homes-agrees-to-pay-48-million-as-part-of-settlement-with-ftc

"LAKEWOOD, Colo. — The Federal Trade Commission (FTC) on Tuesday announced a $48 million settlement with Invitation Homes, the largest landlord of single-family homes in the United States, for an "array of unlawful actions against consumers."

Invitation Homes, which has around 2,500 properties in the Denver metro, agreed to pay $48 million to refund customers "harmed by its actions," according to a release from the FTC. Those actions include "deceiving renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding tenants’ security deposits when they moved out.""

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240925__TA04_Corporate_Landlord
Category
Europe
Tags
240925__TA04_Corporate_Landlord, News, Politics
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