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Invitation Homes deceived renters and will refund $48 million, FTC says

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Dallas -based company charged tens of millions of dollars in "junk fees" between 2021 and 2023 , FTC says.

The mandatory monthly fees covered services such as smart-home technology and air filter delivery.

Invitation Homes , which owns or manages more than 100,000 homes around the U.S. , "will be refunding $48 million ".