Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
FTC Drops HAMMER On Sketchy Mega-Landlord
Posted
September 26, 2024
Views
37,233
Likes
1,443
Comments
176
Engagement
4.35%
September 26, 2024
37,233
1,443
176
4.35%
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8:54Now PlayingInvitation 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
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"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
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