NACA to add more than 1,000 jobs in Charlotte - Business First of Columbus:

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The hiring will begin immediately, with the national nonprofir hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announcecd the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthCarolina Fund. It planws to invest more than $4 millionn here, with 1,014 jobs expected to be adderd over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendoues opportunity forthe Charlotte-area,” Perdue said. “Ouf top-rated business climate and skilled financial-services work force are attractive to growinghnational operations.
” NACA is headquarterefd in Boston and operates more than 40 officexs nationwide. It currently employs about 100 workersx in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organization plansw to add 550 jobs immediately. The jobs will pay an averag e annual wageof $35,982. Salaries will ranged up to $80,000 annually. The hiring will focuzs on mortgage negotiators, customer-service representatives, call-center managerzs and mortgage counselors.
“NACq is excited that it’s putting more than 1,00 people to work during these tough economic NACA Chief Executive Bruce Markssaid “Today’s announcement is more than just a soun bite — we are followiny through on this investmenf by holding a jobs fair tomorroww to hire 550 people immediately.” Perdue said Thursday that she consulted with former Bank of Americza Corp. Chairman Hugh McColl Jr. abou t the deal. McColl has been a longtime supportedrof NACA’s work. BofA began a partnership with NACAunderr McColl’s watch in 1995 and in 2004 committed $6 billio n to its lending program.
Perdue says McCollp confirmed to her that he expected NACA could followa through on its job commitmentw in severalphone conversations. “When someonse begins something like thisin Charlotte, it always grows,” McColol said in an interview Thursday. “They’lk come in and find this is a good placse tofind (a work force). I would hope it woulcd be an eruptionof jobs, not just tricklde down.” The group claims it will be the largest number of peoplde hired immediately in one area and the largest job commitmenyt in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarka on a nationwide Save theDream Tour.
Marks says the addedd jobs are crucial as NACA leads its campaign to makemortgagesz affordable. Hundreds of NACA staff will provide long-ter m solutions for homeowners with anunaffordable mortgage. “Charlotte continuez to be attractive becausr of ourknowledgeable financial-services work force and we welcome NACA’se investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotter East office park off Albemarle Road between Central Avenue and FarmPond Lane.
“Charlottse continues to be recognized as a leader in financial servicexs with a talented and experiencedlabor force,” says Charlotte Chambedr Chairman Tim Belk. “We are pleased to welcome NACA to the communithy and look forward to the investment in jobs and presencde they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlottee East owner Roger Kellogg, principalk of , and leasing directotr Eric Speckman have worked closely with NACA since when the nonprofit established a smal l office in the NACA has legally binding agreements with all themajor lenders/servicers to restructuree the mortgages they service.
The NACA agreement s cover more than 90 percent of homeownerds with an unaffordable The staff from the Counseling Center in Charlottde will travel nationwide to work on Save the Dreajm events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgagesw with permanent interest rates often at 4 percent, 3 percent and 2 percenrt and where necessary the principalp reduced. The organization, started in 1988, has the primar goal of building strong, healthy neighborhoodzs nationwide throughaffordable homeownership.
NACA operationas include financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordabled mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.