Look Who Owns Equifax credit reporting

Hat tip to summer chic

Echoing the questions issued by multiple judges when the mortgage meltdown became clear, the question I pose is the same as those posed by J udge Shack, Boyco and others back in 2007-2009:

Why is it that the largest  financial conglmerates in existence continually invesst together in companies that aid theirrespective enterprises. They suppsoedly compete with each other. WHy are they aiding their competitiors?

We see here the common investments by America’s largest “banks” in Equifax. But the exact same thing is true with Mortgage Electronic Registration Systems (MERS), and the all encompassing ICE (Intercontinental Exchange Inc).  and we see it  and companies that provide services that are designed to reinforce the illusion that the homeowner is involved in a loan transaction including but not limited to dozens of appraisal companies.

For those of us whose birthday is before 1990, we remember that antitrust laws were first created more than a century ago to prevent exactly this type of behavior. Those laws still exist.

The pervasive influence of corrupt “donations” from sources has tilted the economy away from the average citizen such that the Perpetrators accumulate power and money on a level that has never been experienced in human history. such behavior will not stop until antitrust laws are once again enforced with vigor.


Underwriting Agreement

August 11, 2021

J.P. Morgan Securities LLC

383 Madison Avenue

New York, New York 10179

BofA Securities, Inc.

One Bryant Park

New York, New York 10036

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Truist Securities, Inc.

3333 Peachtree Road NE, 11th Floor

Atlanta, Georgia 30326

Wells Fargo Securities, LLC

550 South Tryon Street

Charlotte, North Carolina 28202

As Representatives of the several Underwriters

Ladies and Gentlemen:

Introductory. Equifax Inc., a Georgia corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several underwriters named in Schedule A (the “Underwriters”), acting severally and not jointly, the respective amounts set forth in such Schedule A of $1,000,000,000 aggregate principal amount of the Company’s 2.350% Senior Notes due 2031 (the “Securities”). J.P. Morgan Securities LLC, BofA Securities, Inc., Mizuho Securities USA LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC have agreed to act as representatives of the several Underwriters (in such capacity, the “Representatives”) in connection with the offering and sale of the Securities.

The Securities will be issued pursuant to, and will form a separate series of senior debt securities under, the indenture, dated as of May 12, 2016 (the “Base Indenture”), between the Company and U.S. Bank National Association, as indenture trustee (the “Trustee”). Certain terms of the Securities will be established pursuant to a supplemental indenture (the “Supplemental Indenture”) to the Base Indenture (together with the Base Indenture, the “Indenture”). The Securities will be issued in book-entry form in the name of Cede & Co., as nominee of The Depository Trust Company (the “Depositary”).

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