economy
March 12, 2026
FTC to Refund Over $47 Million to Consumers Allegedly Deceived by Invitation Homes
March 11, 2026 / 4:14 PM EDT / CBS News
TL;DR
- The FTC is sending $47.2 million in refunds to 444,131 consumers allegedly deceived by Invitation Homes.
- Allegations include deceptive leasing costs, undisclosed junk fees, failure to inspect homes, and withheld security deposits.
- Eligible consumers paid Invitation Homes $45 or more in fees between January 2021 and September 2024.
- Refund amounts will vary, with an average payment of $106 per consumer.
- Invitation Homes has agreed to settle with the FTC and will be required to disclose leasing prices clearly and handle security deposits fairly.
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