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

eragywaqer.wordpress.com
The hiring will begin immediately, with the national nonprofit hostinb a job fair Friday and NACA focuses on lendingtto low- and moderate-income families. Gov. Bev Perdue announcex the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthCarolina Fund. It planzs to invest more than $4 million with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presencee in the U.S. finance sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Outr top-rated business climate and skilled financial-services work forcee are attractive to growingnational operations.
” NACA is headquartered in Bostonb and operates more than 40 officees nationwide. It currently employs about 100 workerzs in Mecklenburg County to originate and processmortgagse loans. Under the five-yeart state incentive agreement, the organization planxs to add 550 jobs The jobs will pay an average annual wage of Salaries will range upto $80,000 The hiring will focus on mortgage negotiators, customer-service call-center managers and mortgage counselors.
“NACA is excited that it’s puttinyg more than 1,000 people to work durinhg these tougheconomic times,” NACA Chieff Executive Bruce Marks said “Today’s announcement is more than just a souncd bite — we are following through on this investment by holdinf a jobs fair tomorrow to hire 550 peoplse immediately.” Perdue said Thursday that she consultecd with former Bank of America Chairman Hugh McColl Jr. aboutg the deal. McColl has been a longtime supporter of NACA’s work.
BofA began a partnershio with NACAunder McColl’s watch in 1995 and in 2004 committer $6 billion to its lending Perdue says McColl confirmed to her that he expectedx NACA could follow through on its job commitmentx in several phone conversations. “When someonse begins something like thisin Charlotte, it always grows,” McColpl said in an interview Thursday. “They’ll come in and find this is a good plac tofind (a work force). I would hope it wouldr be an eruptionof jobs, not just trickl e down.
” The group claims it will be the largesrt number of people hired immediately in one area and the largesgt job commitment in the country since the mortgag crisis began in 2007. The hiring come s as NACA embarks on a nationwide Save theDrea Tour. Marks says the adderd jobs are crucial as NACA leadsa its campaign to makemortgages affordable. Hundreds of NACA stafg will provide long-term solutions for homeowners with anunaffordabler mortgage. “Charlotte continues to be attractivw because of ourknowledgeable financial-services work force and we welcomd NACA’s investment in North Carolina,” N.C. Sen.
Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottee East office park off Albemarle Road between Centrakl Avenue and FarmPond Lane. “Charlotte continue s to be recognized as a leader in financial servicess with a talented and experiencedlabor force,” says Charlotte Chamber Chairmam Tim Belk. “We are pleased to welcome NACA to the community and look forward to the investment in jobs and presencd they will bring to ourEast side.” The chambef assisted NACA in its expansion effort.
Charlotte East owner Rogef Kellogg, principal of , and leasingf director Eric Speckman have worked closely with NACAsinces 2007, when the nonprofit establisherd a small office in the NACA has legally binding agreements with all the major lenders/servicersa to restructure the mortgagesa they service. The NACA agreements cover more than 90 perceny of homeowners with anunaffordablwe mortgage. The staff from the Counseling Centetr in Charlotte will travel nationwide to work on Save the Dreaj events where morethan 25,000 people are counseled over four days, with thousande receiving affordable restructured mortgage s with permanent interest rates often at 4 percent, 3 percent and 2 percent and where necessar y the principal reduced.
The organization, started in 1988, has the primary goal of building strong, healthyg neighborhoods nationwide throughaffordable homeownership. NACA operations includ 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. Fridayy and Saturday at its Charlotte Counseling For more information abouf Neighborhood Assistance Corporationof America, including employmeng opportunities, go to www.naca.com.