The Federal Trade Commission (FTC) and the Colorado Attorney General filed suit January 16 against a major property management company, alleging deceptive practices under Section 5 of the FTC Act, the Gramm-Leach-Bliley Act...more
1/23/2025
/ Advertising ,
Consumer Protection Laws ,
Disclosure Requirements ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Fees ,
FTC Act ,
Gramm-Leach-Blilely Act ,
Hidden Fees ,
Property Management Companies ,
Rental Property ,
Section 5 ,
State Attorneys General ,
Unfair or Deceptive Trade Practices
The Federal Trade Commission (FTC) announced a groundbreaking settlement with Invitation Homes, a large single-family rental home owner/operator, on September 24. ...more
10/7/2024
/ Compliance ,
Compliance Monitoring ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Reports ,
Enforcement Actions ,
Eviction ,
Federal Trade Commission (FTC) ,
FHFA ,
HUD ,
Notice Requirements ,
Property Management Companies ,
Property Managers ,
Rental Property ,
Section 5 ,
Security Deposits ,
Settlement ,
UDAAP
Who's Covered: Registrations and Written Statements -
Generally, a covered nonbank with a covered order in effect on or after September 16, 2024, must register and submit information to the CFPB about the entity and the...more
Constitutionality concerns cleared, the Consumer Financial Protection Bureau (CFPB) on June 3 issued its final rule creating a registry identifying covered nonbanks subject to government agency enforcement orders. The rule's...more
6/6/2024
/ Annual Reports ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Enforcement Actions ,
Financial Services Industry ,
Loan Servicer ,
NMLS ,
Non-Depository Institutions ,
Nonbank Firms ,
Registration Requirement ,
UDAAP
The Federal Trade Commission and six state attorneys general on August 28 resolved an enforcement matter against apartment listing platform Roomster over fake reviews and listings. Brought under Section 5 of the FTC Act and...more
9/8/2023
/ Advertising ,
Apartments ,
Disclosure Requirements ,
Endorsements ,
Enforcement Actions ,
Fake Reviews ,
Federal Trade Commission (FTC) ,
FTC Act ,
FTC Endorsement Guidelines ,
Online Platforms ,
Proposed Rules ,
Rental Property ,
Section 5 ,
State Attorneys General