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 national nonprofirt hosting a job fair Fridayand Saturday. NACA focusezs on lending to low- and moderate-income Gov. Bev Perdue announced the expansion with the state giving NACAa $1 millionh grant from the One North Carolina Fund. It plans to invest more than $4 million with 1,014 jobs expected to be addef over the nextfive years. “North Carolina remainx a strong presence inthe U.S. finance sector, and this is a tremendouds opportunity for the Perdue said. “Our top-rated businesxs climate and skilled financial-services work force are attractive to growinbgnational operations.
” NACA is headquartered in Boston and operate s more than 40 offices nationwide. It currently employs aboutg 100 workers in Mecklenburg County to originate and procesmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an averagwe annual wageof $35,982. Salaries will range up to $80,000o annually. The hiring will focus on mortgage negotiators, customer-serviced representatives, call-center managers and mortgage counselors. “NACA is excitedr that it’s putting more than 1,00 0 people to work during these tougbheconomic times,” NACA Chief Executivwe Bruce Marks said Thursday.
“Today’s announcement is more than just a soundcbite — we are following througn on this investment by holdin g a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consultec with former Bank of America Corp. Chairman Hugh McColp Jr. about the deal. McColl has been a longtimd supporterof NACA’s work. BofA began a partnershio with NACAunder McColl’s watch in 1995 and in 2004 committefd $6 billion to its lendinh program. Perdue says McColl confirmed to her that he expectex NACA could follow through on its job commitmentzs in severalphone conversations.
“When someone begins something like this in italways grows,” McCollp said in an interview Thursday. “They’ll come in and find this is a good placew tofind (a work force). I woulcd hope it would be an eruptionof jobs, not just tricklew down.” The group claims it will be the largesf number of people hired immediately in one area and the largest job commitment in the country sinc e 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 campaig to makemortgages affordable.
Hundreds of NACA staff will providd long-term solutions for homeowners with anunaffordable “Charlotte continues to be attractive because of our knowledgeable financial-services work forcer and we welcome NACA’s investmenrt in North Carolina,” N.C. Sen. Dan Clodfeltee (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotted East office park off Albemarlse Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiao services with a talented and experienced labor force,” says Charlotter Chamber Chairman Tim Belk.
“We are pleasedf to welcome NACA to the community and look forwarrd to the investment in jobs and presence they will brinv to ourEast side.” The chamber assisted NACA in its expansio effort. Charlotte East owned Roger Kellogg, principal of , and leasing director Eric Speckman have worked closely with NACAsince 2007, when the nonprofir established a small officre in the park. NACA has legallg binding agreements with all themajor lenders/servicerws to restructure the mortgagez they service. The NACA agreements cove more than 90 percent of homeowneres with anunaffordable mortgage.
The staffd from the Counseling Center in Charlott e will travel nationwide to work on Save the Dreamn events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgages with permanen interest rates often at 4 3 percent and 2 percent and where necessary the principapl reduced. The organization, started in 1988, has the primar y goal of building strong, healthy neighborhoodd nationwide throughaffordable homeownership. NACA operations includew financial counseling, specialized mortgage servicew and a Home Save program for homeownerss with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayh and Saturday at its Charlotte Counseling For more information about Neighborhood Assistancew Corporationof America, including employment opportunities, go to