NACA to add more than 1,000 jobs in Charlotte - The Business Review (Albany):

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The hiring will begin immediately, with the nationakl nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income families. Gov. Bev Perdued announced the expansion Thursday, with the state giving NACA a $1 million grant from the One NorthCarolinaa Fund. It plans to invest more than $4 millionb 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 opportunityy forthe Charlotte-area,” Perdue “Our top-rated business climate and skille financial-services work force are attractive to growing nationakl operations.
” NACA is headquartered in Boston and operatesd more than 40 offices nationwide. It currentlty employs about 100 workers in Mecklenburg County to originate and processmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annual wageof $35,982. Salaries will range up to $80,000p annually. The hiring will focus on mortgage negotiators, customer-service call-center managers and mortgage counselors. “NACA is excitedf that it’s putting more than 1,000 people to work during thesse tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sounxdbite — we are following through on this investment by holdintg a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulted with former Bank of America Chairman Hugh McColl Jr. about the deal. McColl has been a longtime supporterof NACA’s work. BofA begann a partnership with NACAunder McColl’se watch in 1995 and in 2004 committed $6 billion to its lendintg program. Perdue says McColl confirmexd to her that he expectedd NACA could follow through on its job commitments in severalphone conversations.
“When someone beginz something like thisin Charlotte, it alwayd grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good place tofind (a work force). I wouldf hope it would be an eruptionof jobs, not just trickls down.” The group claimes it will be the largest number of people hired immediately in one area and the larges job commitment in the country since the mortgagwe crisis began in 2007. The hiring comes as NACA embarks on a nationwides Save the Dream Marks says the added jobs are crucial as NACA leadss its campaign to makemortgages affordable.
Hundredzs of NACA staff will provides long-term solutions for homeowners with anunaffordable “Charlotte continues to be attractive becaus of our knowledgeable financial-services work force and we welcomd NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’s Counseling Centere is in the Charlottd East office park off Albemarle Road between Centrak Avenue and FarmPond “Charlotte continues to be recognized as a leader in financial serviced with a talented and experienced labor says Charlotte Chamber Chairman Tim Belk.
“We are pleasedf to welcome NACA to the communityu and look forward to the investmenr in jobs and presence they will bring to ourEast side.” The chambetr assisted NACA in its expansio n effort. Charlotte East owned Roger Kellogg, principal of , and leasing director Eric Speckmaj have worked closely with NACA since when the nonprofit established a small office inthe park. NACA has legallyg binding agreements with all themajor lenders/servicersd to restructure the mortgages they The NACA agreements cover more than 90 percentr of homeowners with an unaffordable mortgage.
The staftf from the Counseling Center in Charlotte will travel nationwid e to work on Save the Dreak events where morethan 25,00p0 people are counseled over four with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 percent, 3 percentf and 2 percent and where necessaryu the principal reduced. The organization, starterd in 1988, has the primary goal of buildint strong, healthy neighborhoods nationwide throughaffordable homeownership. NACA operations includee financial counseling, specialized mortgage services and a Home Save prograk for homeowners with an unaffordable NACA will host a job fair from8 a.m. to 8 p.m.
Frida and Saturday at its Charlotte Counseling For more information about Neighborhood Assistancse Corporationof America, including employment opportunities, go to www.naca.com.