NACA to add more than 1,000 jobs in Charlotte - Phoenix Business Journal:

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The hiring will begin with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-incomwe families. Gov. Bev Perdue announced the expansion Thursday, with the stat giving NACA a $1 million grant from the One NortyCarolina Fund. It plans to invest more than $4 millionh here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skillee financial-services work force are attractive to growinbgnational operations.
” NACA is headquartered in Boston and operates more than 40 offices nationwide. It currently employs abou t 100 workers in Mecklenburg County to originate and procesdsmortgage loans. Under the five-yearf state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wageof $35,982. Salaries will range up to $80,000p annually. The hiring will focue on mortgage negotiators, customer-service representatives, call-center managers and mortgagee counselors. “NACA is excited that it’s putting more than 1,00p0 people to work during these toug heconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sounrbite — we are following through on this investmeny by holding a jobs fair tomorrowa to hire 550 people Perdue said Thursday that she consulted with former Bank of Americaw Corp. Chairman Hugh McColl Jr. about the deal. McColl has been a longtime supporterrof NACA’s work. BofA begann a partnership with NACAunder McColl’s watch in 1995 and in 2004 committes $6 billion to its lending program. Perdue says McColp confirmed to her that he expected NACA coulrd follow through on its job commitments in severalkphone conversations.
“When someone begins something like thisin Charlotte, it alwayss grows,” McColl said in an interview “They’ll come in and find this is a good placew to find (a work force). I woul d hope it would be an eruptiohnof jobs, not just trickle The group claims it will be the largesg number of people hired immediately in one area and the largesg job commitment in the country since the mortgager crisis began in 2007. The hiring comes as NACA embarksx on a nationwide Save the Dream Marks says the added jobs are crucialp as NACA leads its campaign to makemortgages affordable.
Hundreds of NACA staffc will provide long-term solutions for homeowners with an unaffordable mortgage. “Charlotte continues to be attractive because of ourknowledgeablr financial-services work force and we welcomre NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltert (D-Mecklenburg) said in a release. NACA’s Counseling Centedr is in the Charlotte East office park off Albemarl Road between Central Avenue and FarmPond Lane. “Charlotte continuess to be recognized as a leader in financiall services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk.
“We are pleasec to welcome NACA to the communityt and look forward to the investmentr in jobs and presence they will brinbg to ourEast side.” The chamber assisted NACA in its expansiojn effort. Charlotte East owner Rogert Kellogg, principal of , and leasing director Eric Speckmann have worked closely with NACAsince 2007, when the nonprofiyt established a small office in the NACA has legally binding agreementsx with all the major lenders/servicers to restructures the mortgages they service. The NACA agreements covetr more than 90 percent of homeownerxs with anunaffordable mortgage.
The staftf from the Counseling Center in Charlotte will travekl nationwide to work on Save the Drea m events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgage s with permanent interest rates often at 4 percent, 3 percen t and 2 percent and where necessary the principal The organization, started in has the primary goal of building strong, healthyu neighborhoods nationwide through affordablre homeownership. NACA operations include financial counseling, specialized mortgage servicesa and a Home Save program for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridagy and Saturday at its CharlotteCounseling Center. For more informatioh about Neighborhood Assistance Corporationof America, includintg employment opportunities, go to www.naca.com.