Carol Bernard, Account Manager

Carol Bernard, Account Manager
First American Exchange Company

Specialty -  1031 Tax Deferred Exchanges
Service Area - USA, Headquartered in Houston, Texas


Your Qualified Intermediary should handle your exchange funds with a sense of care and trust, offering financial strength, experience, and nationwide service, along with solid credentials in facilitating tax-deferred exchanges

We are not asking you to trust us without reason. Here are several reasons we believe you’ll feel you’ve made the right decision in trusting First American Exchange Company.

  • First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance and settlement services to the real estate and mortgage industries, that traces its heritage back to 1889. With revenues of $3.9 billion in 2010, the company offers its products and services directly and through its agents and partners in all 50 states and in more than 60 countries.
  • We operate as a direct subsidiary of First American Title Insurance Company. First American Title Insurance Company is the largest subsidiary of First American Financial Corporation. This means that in most instances we can provide an indemnification letter protecting your transaction from loss of funds in the unlikely event of negligence, fraud, or dishonesty on the part of First American Exchange Company or its employees.
  • Our exchange funds are strictly deposited with FDIC-insured institutions with investment grade ratings (or which are subsidiaries of   investment grade institutions). First American’s Treasury team closely monitors the financial stability of these institutions. We do not invest any exchange funds in any securities.
  • As a subsidiary of a publicly traded company, we are governed by the financial reporting and disclosure requirements set forth in the Sarbanes-Oxley Act.
    We maintain a multimillion-dollar fidelity bond and a professional liability insurance policy from a leading independent insurance underwriter.
  • We have attorneys and Certified Exchange Specialists® on staff throughout our offices nationwide.