The funds from the settlement, which is subject to approval by a federal judge, would go toward customer refunds.

The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission that it reaped million

A company that owns about 3,500 homes in Clark County has agreed to a proposed settlement over deceptive practices on rent costs, charging undisclosed junk fees and unfairly holding security deposits,

The action against Invitation Homes is the first resulting from an FTC workforce formed earlier this year. The group was tasked with examining unfair, deceptive and anti-competitive practices in the rental housing space.

Invitation Homes , the largest U.S. landlord for single-family homes, agreed to pay $48 million to settle the U.S. Federal Trade Commission's claims it deceived renters about lease costs.

Invitation Homes, which owns more than 9,200 rental houses in metro Phoenix, agreed to pay the settlement to the FTC to refund consumers.

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.

The U.S. Federal Trade Commission on Tuesday said Invitation Homes, the largest landlord of single-family homes in the United States, would pay more than $48 million as part of a settlement order over deceiving renters about lease costs and charging undisclosed junk fees.

Houston - If you've rented a house from Invitation Homes, you may have some money coming back to you. Invitation Homes has agreed to refund $48 million to renters after the Federal Trade Commission accused the company of unfair rental and eviction practices.

The Dallas-based landlord that is active in the Phoenix housing rental market has reached a settlement with the FTC related to an investigation over eviction practices and rental costs.