NACA to add more than 1,000 jobs in Charlotte - Business Courier of Cincinnati:

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The hiring will begin immediately, with the nationalo nonprofit hosting a job fair Fridayand Saturday. NACA focusese on lending to low- and moderate-incomde families. Gov. Bev Perduw announced the expansion with the state giving NACAa $1 milliom grant from the One North Carolinqa Fund. It plans to invest more than $4 millionn here, with 1,014 jobs expected to be addedc over the nextfive years. “North Carolin remains a strong presencd inthe U.S. finance and this is a tremendous opportunit y forthe Charlotte-area,” Perdue said. “Our top-rated business climate and skilled financial-services work forcee are attractive to growingnational operations.
” NACA is headquarteref in Boston and operates more than 40 offices It currently employs about 100 workersw in Mecklenburg County to originate and processa mortgage loans. Under the five-yea r state incentive agreement, the organization plans to add 550jobs immediately. The jobs will pay an averaged annual wageof $35,982. Salaries will range up to $80,0090 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-center managers and mortgage counselors.
“NACA is excited that it’s puttinbg more than 1,000 peoplew to work during these tough economic NACA Chief Executive Bruce Markssaid “Today’s announcement is more than just a souns bite — we are following through on this investmengt by holding a jobs fair tomorrow to hire 550 peoplse immediately.” Perdue said Thursday that she consulted with former Bank of America Corp. Chairmanh Hugh McColl Jr. about the deal. McColp has been a longtime supportertof NACA’s work. BofA began a partnership with NACAundee McColl’s watch in 1995 and in 2004 committee $6 billion to its lendinf program.
Perdue says McColl confirmed to her that he expected NACA could follow througbh on its job commitments in severaolphone conversations. “When someonde begins something like thisin Charlotte, it always grows,” McColl said in an interview “They’ll come in and find this is a good place to find (a work I would hope it would be an eruption of jobs, not just trickl down.” The group claims it will be the largest number of peoplew hired immediately in one area and the largest job commitment in the countryt since the mortgage crisis begah in 2007. The hiring comes as NACA embarksd on a nationwide Save theDreakm Tour.
Marks says the added jobs are crucia l as NACA leads its campaign to makemortgages affordable. Hundredz of NACA staff will provide long-term solutions for homeownersa with anunaffordable mortgage. “Charlotte continues to be attractivee because of ourknowledgeable financial-servicea work force and we welcomr NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelted (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East office park off Albemarl Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leader in financial servicezs with a talented and experienced labofr force,” says Charlotte Chamber Chairmahn Tim Belk.
“We are pleased to welcom NACA to the community and look forward to the investmenr in jobs and presence they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlotte East owner Roger Kellogg, principal of , and leasing director Eric Speckman have worked closelh with NACAsince 2007, when the nonprofif established a small office in the NACA has legally binding agreements with all the majoer lenders/servicers to restructure the mortgages they service. The NACA agreemente cover more than 90 percent of homeownerd with anunaffordable mortgage.
The staffv from the Counseling Center in Charlottes will travel nationwide to work on Save the Dream events where morethan 25,000 peopler are counseled over four days, with thousands receivinyg affordable restructured mortgages with permanent interest rates ofte n at 4 percent, 3 percent and 2 percent and wher e necessary the principal reduced. The started in 1988, has the primary goal of building healthy neighborhoods nationwide through affordable NACA operations include financial specialized mortgage services and a Home Save prograk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridaty and Saturday at its Charlotte Counseling For more information abouf Neighborhood Assistance Corporationof America, includinf employment opportunities, go to www.naca.com.