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

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The hiring will beginn immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the statee giving NACA a $1 million grant from the One NorthjCarolina Fund. It plans to invest more than $4 milliobn here, with 1,014 jobs expected to be added over the nextfive years. “North Carolina remains a stronf presence inthe U.S. finance sector, and this is a tremendouxs opportunity forthe Charlotte-area,” Perdue said. “Oufr top-rated business climate and skilledr financial-services work force are attractive to growingnationao operations.
” NACA is headquartered in Boston and operates more than 40 officesx nationwide. It currently employs about 100 workers in Mecklenburt County to originate and process mortgage Underthe five-year state incentiv e agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wage of $35,982. Salaries will range up to $80,000 The hiring will focus on mortgage negotiators, customer-servic representatives, call-center managers and mortgage “NACA is excited that it’s puttin more than 1,000 people to work durin these tough economic NACA Chief Executive Bruce Markzssaid Thursday.
“Today’s announcement is more than just a soundsbite — we are following througbh on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulted with formerd Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’ s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billio n to its lending program. Perduwe says McColl confirmed to her that he expected NACA coulsd follow through on its job commitments in severaolphone conversations.
“When someone beginws something like this in italways grows,” McColl said in an interviea Thursday. “They’ll come in and find this is a good plac tofind (a work force). I woulfd hope it would be an eruption of not justtrickle down.” The groupl claims it will be the largesft number of people hired immediately in one area and the larges t job commitment in the country since the mortgagw crisis began in 2007. The hirin g comes as NACA embarks on a nationwide Save theDreakm Tour. Marks says the added jobs are crucial as NACA leadsz its campaign to makemortgages affordable.
Hundreds of NACA staff will provide long-term solutions for homeowners with anunaffordable mortgage. “Charlotte continues to be attractiv e because of ourknowledgeable financial-services work force and we welcome NACA’e investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’xs Counseling Center is in the Charlotte East officd park off Albemarle Road between Centralk Avenue and FarmPond Lane. “Charlotte continuew to be recognized as a leadetr in financial services with a talented and experiencefdlabor force,” says Charlotte Chamber Chairman Tim Belk.
“Ws are pleased to welcome NACA to the communitu and look forward to the investment in jobs and presence they will bring to ourEast side.” The chamber assistesd NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasing director Eric Speckmam have worked closely with NACA since 2007, when the nonprofirt established a small office in the park. NACA has legally bindinbg agreements with all themajoer lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 perceng of homeowners with an unaffordable The staff from the Counseling Centere in Charlotte will travel nationwide to work on Save the Dreamj events where more than 25,000 people are counseler over four days, with thousands receiving affordable restructurefd mortgages with permanent interest rated often at 4 percent, 3 percenty and 2 percent and where necessaryt the principal reduced.
The organization, started in has the primary goal ofbuilding strong, healthy neighborhood nationwide through affordable homeownership. NACA operations include financialp counseling, specialized mortgage services and a Home Save program for homeowner with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Frida y and Saturday at its Charlotte Counseling For more information about Neighborhoode Assistance Corporationof America, includin employment opportunities, go to www.naca.com.