Comparison · no crown · not tax or legal advice
First American Exchange vs Old Republic Exchange
First American Exchange Company, LLC and Old Republic Exchange Company are both listed Qualified Intermediaries. Ownership as published: First American Title Insurance Company / First American Financial Corporation vs Old Republic International Corporation (via Old Republic Title Insurance Group / Old Republic National Title Holding Company). This table is the two custody files side by side. It does not award a best QI, invent fees, or fill blanks. A Delaware Statutory Trust interest, if mentioned, is typically a securities offering — a listing here is a custody file.
First American Exchange fileOld Republic Exchange fileView checklistCheck custody controls
Published facts, side by side
| Field | First American Exchange | Old Republic Exchange |
|---|---|---|
| Legal name | First American Exchange Company, LLC | Old Republic Exchange Company |
| Ownership (as published) | First American Title Insurance Company / First American Financial Corporation (NYSE: FAF) | Old Republic International Corporation (via Old Republic Title Insurance Group / Old Republic National Title Holding Company) (NYSE: ORI) |
| FEA | FEA member | FEA member |
| CES® | CES® on staff; names not published on cited pages | Not published on cited pages |
| How funds are held | Segregated | Funds unknown |
| Fund-handling note | Exchange funds are held in segregated bank deposit accounts designated with the taxpayer’s name and tax identification number. Deposits are limited to FDIC-insured institutions with investment-grade ratings, or subsidiaries of investment-grade institutions. The firm says it does not invest exchange funds in securities. | Firm markets a banking department and online account information. The Strength page reprints Washington RCW 19.310.040 facilitator boilerplate (separately identified TIN account or fidelity bond). That is statute language, not a verified statement that Old Republic Exchange opens a TIN-titled account on every file. |
| Dual-signature / who can wire | Wire controls unknown | Wire controls unknown |
| Fidelity / E&O (published) | Not published on cited pages | $120 million fidelity bond aggregate ($60 million single-loss limit) · $60 million professional liability (E&O) aggregate |
| Other published coverage | Firm states a multimillion-dollar fidelity bond and professional liability policy from an independent underwriter; specific limits are not published on the current site and are omitted here. | Written parent guaranty / letter of indemnity available on request (Old Republic National Title Holding Company / corporate parent) — terms on request |
| Reverse | Yes | Yes |
| Improvement | Yes | Yes |
| DST (QI administration, not an offering) | Unknown | Unknown |
| Published fees | Not published on cited pages | Not published on cited pages |
| Who keeps interest | Not published on cited pages | Not published on cited pages |
| File last sourced | 2026-09-04 | 2026-10-22 |
What stays unknown
First American Exchange:dual-signature, fidelity bond dollars, E&O dollars, DST administration, public fee card, who keeps interest
Old Republic Exchange:CES, funds held, dual-signature, DST administration, public fee card, who keeps interest
Unknown is omitted, not graded.Report missing infoif you have a primary URL we missed.
FAQ
Which of these QIs is better?
This page does not pick a winner. It places published custody fields from two QI File listings side by side. A thicker disclosure is not a grade, and an unpublished field is not a finding that the firm is unsafe.
Can I treat a parent logo or a bond number on this table as current coverage?
No. Parent is an ownership note. Insurance figures appear only when the firm’s cited page still prints them. Ask for current certificates. See how to read a listing and segregated vs dual-signature.
Where are the full source lists?
Open the two custody files: First American Exchange and Old Republic Exchange. Every figure on this page is copied from those files.
Sources
Copied from the two firm files. Open those pages for the dated URL list.
- First American Exchange Company homepage
- Why Choose Us — First American Exchange Company
- About Us — First American Exchange Company
- Strength in Numbers — Old Republic Exchange
- Homepage — Old Republic Exchange
- Why Choose ORE — Old Republic Exchange
- Reverse Exchange — Old Republic Exchange
- Improvement Exchange — Old Republic Exchange
- GenInfo Booklet — Old Republic Exchange Company
- orexco1031.com — redirects to Old Republic Exchange
More pairs:compare index. Compare these firms only on published custody facts.