FTC to send $47 million back to renters — see who qualifies for payments
The Federal Trade Commission is distributing over 400,000 checks totaling $47.2 million. This settlement is against Invitation Homes, a major landlord. The company faced accusations of misleading renters about costs, charging hidden fees, and unfairly keeping security deposits. Many renters will receive compensation for deceptive practices. The FTC aims to protect tenants from unlawful tactics by corporate landlords.