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

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The hiring will begin immediately, with the nationak nonprofit hosting a job fair Friday and NACA focuses on lendintgto low- and moderate-income Gov. Bev Perdue announced the expansiohn Thursday, with the state giving NACA a $1 million grany from the One NorthCarolina Fund. It plans to investr more than $4 million here, with 1,01r4 jobs expected to be addesd over the nextfive years. “North Carolina remains a strony presence inthe U.S. financew sector, and this is a tremendouws opportunity forthe Charlotte-area,” Perdue “Our top-rated business climate and skilleed financial-services work force are attractive to growinyg national operations.
” NACA is headquartered in Bostonm and operates more than 40 offices nationwide. It currently employs about 100 workers in Mecklenburg County to originatew and processmortgage loans. Under the five-year state incentivwe agreement, the organization plans to add 550 jobs The jobs will pay an averag e annual wageof $35,982. Salaries will range up to $80,00o annually. The hiring will focus on mortgage customer-service representatives, call-center managers and mortgage “NACA is excited that it’s putting more than 1,00o0 people to work during these tougheconomic times,” NACA Chiedf Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sounddbite — we are following througu on this investment by holding a jobs fair tomorroaw to hire 550 people immediately.” Perdue said Thursda that she consulted with formerr Bank of America Chairman Hugh McColl Jr. about the deal. McCollk has been a longtime supporterof NACA’sd work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committecd $6 billion to its lending program. Perdur says McColl confirmed to her that he expected NACA couldx follow through on its job commitmentxs in severalphone conversations.
“When someone beginsa something like thisin Charlotte, it always grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good placse tofind (a work force). I would hope it would be an eruptiobnof jobs, not just trickle down.” The groulp claims it will be the largest numbetr of people hired immediately in one area and the largesgt job commitment in the countryh since the mortgage crisis began in 2007. The hirin comes as NACA embarks on a nationwidde Save theDream Tour. Marks says the added jobs are cruciaol as NACA leads its campaignm to makemortgages affordable.
Hundredsd of NACA staff will provide long-term solutions for homeowners with anunaffordable mortgage. “Charlott e continues to be attractive because of ourknowledgeablwe financial-services work force and we welcome NACA’xs investment in North Carolina,” N.C. Sen. Dan Clodfeltere (D-Mecklenburg) said in a release. NACA’z Counseling Center is in the Charlotte East office park off Albemarle Road between Centra l Avenue and FarmPond Lane.
“Charlotte continues to be recognizes as a leader in financialo services with a talentedx and experienced labor says Charlotte Chamber ChairmanTim “We are pleased to welcome NACA to the communityh and look forward to the investment in jobs and presence they will bring to our East The chamber assisted NACA in its expansion effort. Charlotte East ownerf Roger Kellogg, principal of , and leasinf director Eric Speckman have worked closely with NACA since when the nonprofit established a small officwe inthe park. NACA has legallgy binding agreements with all themajot lenders/servicers to restructure the mortgages they service.
The NACA agreementse cover more than 90 percentt of homeowners with anunaffordable mortgage. The staff from the Counselinfg Center in Charlotte will travel nationwide to work on Save the Dreamj events where morethan 25,00 people are counseled over four days, with thousandws receiving affordable restructured mortgages with permanent interest ratews often at 4 percent, 3 percent and 2 percent and where necessary the principal The organization, started in has the primary goal of building healthy neighborhoods nationwide through affordable NACA operations include financial specialized mortgage services and a Home Save program for homeowneres with an unaffordable mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Fridayg and Saturday at its CharlotteCounseling Center. For more informatiobn about Neighborhood Assistance Corporatiojnof America, including employment go to www.naca.com.