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

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The hiring will begin immediately, with the national nonprofif hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income families. Gov. Bev Perdue announce the expansion Thursday, with the stater giving NACA a $1 million grangt from the One NorthCarolina Fund. It plans to investy more than $4 million here, with 1,014 jobs expecter to be added over the nextfive “North Carolina remains a strongy presence in the U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skilled financial-services work forcwe are attractive to growingnational operations.
” NACA is headquarterec in Boston and operates more than 40 offices It currently employs about 100 workers in Mecklenburg County to originats and process mortgage loans. Unde r the five-year state incentive agreement, the organization plands to add 550jobs immediately. The jobs will pay an averagde annual wageof $35,982. Salariees will range up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-servicer representatives, call-center managers and mortgage “NACA is excited that it’zs putting more than 1,000 people to work during these touggeconomic times,” NACA Chief Executive Bruces Marks said Thursday.
“Today’s announcement is more than just a soundebite — we are followinfg through on this investment by holdingf a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursday that she consulted with former Bank of Americ Corp. Chairman Hugh McColl Jr. about the deal. McCol has been a longtime supporterof NACA’ws work. BofA began a partnership with NACAunder McColl’ss watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColk confirmed to her that he expected NACA could follow through on its job commitments in severakphone conversations.
“When someone begins something like this in italways grows,” McCol said in an interview “They’ll come in and find this is a good placed to find (a work force). I would hope it wouldd be an eruptionof jobs, not just trickles down.” The group claims it will be the largesy number of people hired immediately in one area and the largest job commitmenr in the country since the mortgage crisiw began in 2007. The hiring comesx as NACA embarks on a nationwide Save the Dream Marks says the added jobs are crucial as NACA leads its campaign to makemortgages affordable. Hundreds of NACA staffv will provide long-term solutions for homeowners with an unaffordable mortgage.
“Charlotte continues to be attractive because of ourknowledgeable financial-services work force and we welcomde NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottes East office park off Albemarle Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognizee as a leader in financial services with a talentec and experiencedlabor force,” says Charlotte Chamber Chairmanb Tim Belk.
“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 itsexpansion effort. Charlottes East owner Roger principalof , and leasing directo Eric Speckman have worked closelg with NACA since 2007, when the nonprofig established a small office in the park. NACA has legally bindin agreements with all themajor lenders/serviceres to restructure the mortgages they service. The NACA agreementa cover more than 90 percent of homeowner with anunaffordable mortgage.
The staff from the Counselinf Center in Charlotte will travel nationwide to work on Save the Drea m events where morethan 25,000 peopler are counseled over four days, with thousandss receiving affordable restructured mortgages with permanent interes t rates often at 4 3 percent and 2 percent and wherw necessary the principal reduced. The started in 1988, has the primar goal of building strong, healtht neighborhoods nationwide throughaffordable homeownership. NACA operationws include financial counseling, specialized mortgage services and a Home Save prograjm for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridah and Saturday at its CharlotteCounseling Center. For more informatiomn about Neighborhood Assistance Corporationof America, includiny employment opportunities, go to www.naca.com.