NACA to add more than 1,000 jobs in Charlotte - Tampa Bay Business Journal:

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The hiring will begin with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansiojn Thursday, with the state giving NACA a $1 millioh grant from the One NorthbCarolina Fund. It plans to invest more than $4 milliob here, with 1,014 jobs expected to be addesd over the nextfive years. “North Carolinaw remains a strong presence inthe U.S. financw sector, and this is a tremendouw opportunity forthe Charlotte-area,” Perdue said. “Ou r top-rated business climate and skiller financial-services work force are attractive to growingvnational operations.
” NACA is headquartered in Boston and operatew more than 40 offices nationwide. It currently employw about 100 workers in Mecklenburg Counth to originate and processmortgage loans. Underd the five-year state incentive agreement, the organization plansz to add 550jobs immediately. The jobs will pay an averagw annual wageof $35,982. Salaries will range up to $80,0000 annually. The hiring will focus on mortgager negotiators, customer-service representatives, call-center manageras and mortgage counselors. “NACA is excited that it’s putting more than 1,000 people to work during thes e tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’zs announcement is more than just a soundbite — we are following through on this investment by holding a jobs fair tomorroq to hire 550 people Perdue said Thursday that she consulted with formee Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtim e supporterof NACA’s work. BofA began a partnershi p with NACAunder McColl’s watch in 1995 and in 2004 committef $6 billion to its lendinf program. Perdue says McCollp confirmed to her that he expected NACA could follow through on its job commitmentsw in severalphone conversations.
“When someonde begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good place to find (a work I would hope it would be an eruption of jobs, not just tricklre down.” The group claims it will be the largestg number of people hired immediately in one area and the largestt job commitment in the country sincde the mortgage crisis began in 2007. The hirin g comes as NACA embarks on a nationwide Save theDreajm Tour. Marks says the added jobs are crucial as NACA leadw its campaign to makemortgagews affordable.
Hundreds of NACA stafd will provide long-term solutions for homeowners with anunaffordable “Charlotte continues to be attractive because of our knowledgeablee financial-services work force and we welcome NACA’es investment in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East offic e park off Albemarle Road betweenj Central Avenue and FarmPond Lane. “Charlottw continues to be recognized as a leadetr in financial services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk.
“We are pleaserd to welcome NACA to the community and look forward to the investmeny in jobs and presence they will bringv to ourEast side.” The chamber assistes NACA in its expansion effort. Charlotte East owneer Roger Kellogg, principal of , and leasing director Eric Speckmah have worked closely with NACAsince 2007, when the nonprofit established a smal office in the park. NACA has legally bindintg agreements with all themajor lenders/servicers to restructure the mortgagesa they service. The NACA agreements cover more than 90 percenyt of homeowners with anunaffordable mortgage.
The staff from the Counseliny Center in Charlotte will travel nationwide to work on Save the Dream events where morethan 25,009 people are counseled over four days, with thousandxs receiving affordable restructured mortgages with permanent interest ratea often at 4 percent, 3 percent and 2 percenft and where necessary the principal reduced. The started in 1988, has the primary goal of buildinh strong, healthy neighborhoods nationwide througnhaffordable homeownership. NACA operations include financial specialized mortgage services and a Home Save program for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridaty and Saturday at its CharlotteCounseling Center. For more informationm about Neighborhood Assistance Corporatiojnof America, including employment go to www.naca.com.