FTC claims RealPage screenings could have returned incorrect criminal records.
RealPage will pay $3 million in a settlement with the Federal Trade Commission, which accused the real estate tech and data company of providing landlords and property managers with faulty tenant screening results over a five-year period. The FTC alleged that RealPage violated the Fair Credit Reporting Act by “failing to take reasonable steps” to ensure the accuracy of its tenant screening reports from January 2012 through September 2017.