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

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The hiring will begin immediately, with the national nonprofit hosting a job fair Frida yand Saturday. NACA focuses on lendintg to low- and moderate-income families. Gov. Bev Perdue announced the expansionh Thursday, with the state givinhg NACA a $1 million gran from the One NorthCarolina Fund. It planes to invest more than $4 millio n here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financer sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue “Our top-rated business climate and skilled financial-services work forcre are attractive to growing national operations.
” NACA is headquartered in Boston and operatesa more than 40 offices It currently employs about 100 workers in Mecklenburg Countu to originate and process mortgage loans. Under the five-yeare state incentive agreement, the organization planws to add 550 jobs The jobs will pay an averagr annual wage of Salaries will range upto $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-center managers and mortgagre counselors. “NACA is excited that it’ putting more than 1,000 people to work duringv these tougheconomic times,” NACA Chief Executivd Bruce Marks said Thursday.
“Today’ss announcement is more than just a sounxbite — we are following through on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulter with former Bank of America Chairman Hugh McColl Jr. about the deal. McColl has been a longtimre supporterof NACA’s work. BofA begann a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lendinb program. Perdue says McColl confirmedx to her that he expected NACA couldc follow through on its job commitmentss in severalphone conversations.
“When someone begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placr to find (a work I would hope it wouldd be an eruption of jobs, not just trickle The group claims it will be the largest numbefr of people hired immediately in one area and the largesg job commitment in the country sincd the mortgage crisis began in 2007. The hiringt comes as NACA embarks on a nationwide Save theDream Tour. Marks says the added jobs are crucial as NACA leadzs its campaign to makemortgages affordable.
Hundreds of NACA staff will provide long-term solutions for homeowner with anunaffordable “Charlotte continues to be attractive because of our knowledgeable financial-servicea work force and we welcomre NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelte r (D-Mecklenburg) said in a release. NACA’s Counseling Centee is in the Charlotte East office park off Albemarlee Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognize as a leader in financial servicesz with a talented and experiencedlabor force,” says Charlottr Chamber Chairman Tim Belk.
“We are pleased to welcomwe NACA to the community and look forwarrd to the investment in jobs and presencee they will bring to our East The chamber assisted NACA in itsexpansiobn effort. Charlotte East owner Roger Kellogg, principal of , and leasinb director Eric Speckman have worked closeluy with NACAsince 2007, when the nonprofit established a smal l office in the NACA has legally binding agreements with all the major lenders/servicerxs to restructure the mortgages they The NACA agreements cover more than 90 percent of homeownersw with an unaffordable mortgage.
The staff from the Counselintg Center in Charlotte will travel nationwide to work on Save the Dreamn events where morethan 25,000 people are counseled over four with thousands receiving affordable restructurec mortgages with permanent interest rates often at 4 3 percent and 2 percent and whers necessary the principal reduced. The organization, started in has the primary goal ofbuilding strong, healthty neighborhoods nationwide through affordable homeownership. NACA operations includre financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Frida and Saturday at its Charlotte Counseling For more information about Neighborhoodc Assistance Corporationof America, including employmentt opportunities, go to www.naca.com.