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» VISIT US ONLINE @ DSNEWS.COM 89 sible option for many. Increased number of constructions is another important feature of Lakeland, the report indicated. Grand Rapids, Michigan secured the sec- ond spot on the list at a median list price of $278,750, predicted sales growth at 4 percent and price growth at 8.2 percent. e city's economy is all set for continued growth, at- tracting new residents. e city's low cost of living and affordable housing have attracted lots of companies looking to relocate or expand, making it a diverse employer base for many seeking job opportunities. El Paso, Texas followed closely with a median list price: $175,050, predicted sales growth and price growth at 7.9 percent and 2.5 percent respectively. is steady influx of buyers looking for a place to live has caused a construction boom in El Paso, with a bunch of new subdivisions containing up to 150 single-family homes, according to the report. Chattanooga, Tennessee recorded a median list price of $269,950, predicted sales growth: 5.2 percent and predicted price growth at 4.3 percent in fourth place. Flipped homes in this area are popular among millen- nials. e median price list in Phoenix, Arizona featured was at $329,975. e metro predicted sales growth of 3.6 percent and price growth of 5.6 percent. e report indicated that retir- ees and buyers fleeing ultrahigh-priced parts of the country are moving to Phoenix for its reasonably priced cribs. Other metros to have featured in the list included Bridgeport, Connecticut; Las Vegas, Nevada; Boise City, Idaho; Miami, Florida; and Boston, Massachusetts. GEORGIA Vendorly Expands Offerings with Contract Management Tool Vendorly, a vendor oversight platform for financial institutions headquartered in At- lanta, announced the launch of its Contract Management feature to enhance insights into contract terms, performance, and spend analysis within the vendor management solution. Contract Management is available as a new feature for existing customers using the Vendorly platform, or as an independent software-as-a-service (SaaS) offering. In a Vendorly survey conducted ear- lier this year, 44 percent of banking and mortgage professionals surveyed said their organizations were responsible for managing at least 100 vendors. When asked how often their organizations monitor and assess vendor performance, 30 percent of respondents said annually. With the addition of the Contract Management feature, Vendorly makes it easier to gain valuable insights into contract terms, performance, and spend analysis of third-party vendors. Financial institutions can proactively manage key metadata within a contract and create action date triggers to automate reminders to help avoid missing renewal and other relevant dates and terms. In addition to offering customers a SaaS solution, the Vendorly platform also offers its customers managed vendor oversight services including vendor due diligence, document management, annual assessments, informa- tion security assessments, financial condition reviews, and on-site audits. "Contract management is an essential component of a robust third-party risk management program (TPRM) because many controls and best practices stem from the contract language," said Jim Vaca, SVP of Vendorly. "As TPRM gains more focus from the C-suite, it is important to offer insight into the vendor contracts to help mitigate contractual and compliance risks by ensur- ing that relevant contract clauses, such as indemnifications, performance levels, and assignment terms, are in place and man- aged appropriately. Having a single-vendor contract repository with reporting function- ality will enable insight into not only vendor spend, but the contract terms and associated requirements." MARYLAND Where Do Americans Feel Safe? To determine where Americans feel secure, WalletHub's report compared more than 182 cities, including the 150 most populated U.S. cities, and at least two of the most populated cities in each state—across three key dimensions: 1) Home and Com- munity Safety, 2) Natural-Disaster Risk, and 3) Financial Safety. Assaults per capita, unemployment rate, and road quality were also part of the data set. Quoting data from Gallup, WalletHub's report said that "four in 10 Americans fear being a victim of a mass shooting, while 24 GET YOUR DAILY DOSE OF DEFAULT SERVICING NEWS Start your day with the most current and critical news on the mortgage default servicing industry from DSNews.com. Sign up for our e-mail newsletter and get the top stories delivered direct to your inbox every day. Register to receive your Daily Dose at DSNews.com GET YOUR DAILY DOSE OF DEFAULT SERVICING NEWS Start your day with the most current and critical news on the mortgage default servicing industry from DSNews.com. Sign up for our email newsletter and get the top stories delivered direct to your inbox every day. Register to receive your Daily Dose at DSNews.com