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94 ers in Denver, Los Angeles, and Portland, Oregon, have the most competitive buyers in the country. Buyers in these areas have higher than average credit and the ability to put down a larger down payment, the report stated. On the other hand, Birmingham, Ala- bama; Virginia Beach, Virginia; and Pitts- burgh have the least competitive buyers in the country. is may be beneficial for buyers as homeownership is likely to be less challenging in these areas. e reason as to why places like Oregon, San Francisco, and Seattle are most likely to fuel market competitiveness can be attributed to high-paying tech jobs in these areas, according to the report. e report also revealed that in the 10 most competitive met- ros 63 percent of buyers shopped around for a mortgage before settling on a house and 57 percent of buyers have good or excellent credit. "Shopping around for a mortgage can not only help buyers save money. It can also help them become pre-approved for a mortgage, which makes it easier to purchase a home," said Tendayi Kapfidze, Chief Economist at LendingTree. NEVADA Simplifile Powers E-recording in Nevada Simplifile, a provider of real estate docu- ment collaboration and recording technologies for lenders, settlement agents, and counties announced that Mineral County in Nevada has adopted its e-recording service. With this addition, Nevada has become the ninth state in the Simplifile network to implement e-recording across the state. "Simplifile welcomes Nevada to the growing roster of states that have embraced e-recording throughout all of their recording jurisdictions," said Paul Clifford, President, Simplifile. "While e-recording is available in most major metropolitan areas, jurisdictions of all sizes can benefit tremendously from the efficiency and cost-savings e-recording provides. We commend Nevada's commitment to improving document recording services through technology and hope this can serve as an example to jurisdictions throughout the nation." In 2007, Carson City County became the first Nevada county to join Simplifile's e-recording network. With the addition of Mineral County, all 17 Nevada counties now e-record with Simplifile. Using Simplifile's e-recording platform, recording offices throughout the state are able to electronically receive, stamp, record and return documents within minutes, which reduces documentation and processing errors. Settlement agents can also submit record- ing fees and other recording-related expenses directly through the Simplifile system, thus eliminating check-writing expenses. More than 1,887 jurisdictions nationwide e-record with Simplifile, making it the larg- est e-recording network in the U.S. Nevada joins Alaska, Arizona, Colorado, Delaware, Hawaii, Iowa, Massachusetts, and Oregon in offering e-recording statewide through Simplifile. e company was founded in 2000 to con- nect settlement agents and county recorders via its e-recording service. Today, Simplifile has broadened its services to include collabora- tion tools and post-closing visibility for mort- gage lenders and settlement agents working together on real estate documents. Vendorly Collaborates with Shared Assessments Vendorly, an oversight platform for financial institutions has announced a collaboration with Santa Fe, New Mexico- based Shared Assessments, a third-party risk management company, to license the Standardized Information Gathering (SIG) Questionnaire. is questionnaire is available for Vendorly customers to access the industry- standard list of questions based on the risk profile of their vendor engagement. "Vendor management is becoming in- creasingly complex, covering more and more areas," said Jim Vaca, SVP, Vendorly. "By recognizing the pain points experienced by the customers and vendors we work with, we felt a need to bring some additional efficiency to both. So often our clients and prospects ask for guidance on the right questions to ask, even something as simple as how long the questionnaire should be. e standardization of questionnaires is long overdue and we are excited to be offering the Shared Assessments SIG Questionnaire to our clients." e Luxembourg-headquartered vendor platform provider said that the SIG Ques- tionnaire, which is built on best practices by the Shared Assessments member community, provides standardization and efficiency in performing third-party risk assessments. rough this collaboration, Vendorly custom- ers no longer need to rely solely on internal expertise in knowing the difference between frameworks (i.e. ISO or NIST) and instead can rely on the standardized questionnaire to help define how to mitigate risk. With over 50,000 vendors actively managed on the Ven- dorly platform, the addition of the SIG func- tionality showcases Vendorly's commitment to raising the standards of third-party risk management (TPRM). e SIG effectively becomes the standard for all questionnaires, helping to satisfy the universe of a TPRM professional's risk control areas. "We commend Vendorly for joining the community of third-party risk practitioners working to create assurance in vendor rela- tionships," said Catherine A. Allen, Chair- man & CEO, e Santa Fe Group, Shared Assessments. "By adopting and contributing to the Shared Assessments standard, Vendorly is working to create standard assessments that are reliable, relevant, and efficient." Puerto Rico Real Estate Opportunities Lic. E-109 Based in San Juan, Puerto Rico OFFICE: 787.763.7202 | CELL: 787.309.3452 FAX: 787.282.0461 Gretchen@REOPuertoRico.com REOPuertoRico.com Gretchen García Lic 16825 Broker/Owner of Nevada small business owners and managers polled said they were "moderately" or "very" concerned about the price of housing in their communities. Source: Nevada State Bank's 2019 Small Business Survey STAT INSIGHT 56%