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Story summary
- Federal Trade Commission (FTC) will curb rental junk fees after settlements with Invitation Homes and Greystar.
- Invitation Homes paid $48 million in a 2024 junk-fee settlement without admitting wrongdoing.
- Greystar settled for $24 million in December and must disclose rent and fee pricing.
- FTC warned RealPage, Yardi Systems and Turbo Tenant that violations could incur penalties up to $53,088.
- Twenty-seven attorneys general urged the FTC to adopt a federal junk-fee standard.
