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

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The hiring will begin immediately, with the national nonprofit hosting a job fair Fridatyand Saturday. NACA focuses on lending to low- and moderate-income Gov. Bev Perdue announced the expansion with the state giving NACAa $1 millio n grant from the One North Carolina Fund. It planas to invest more than $4 milliohn here, with 1,014 jobs expected to be addeed over the nextfive years. “Northh Carolina remains a strongy presence inthe U.S. finance sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue said. “Oure top-rated business climate and skilled financial-services work force are attractivse to growingnational operations.
” NACA is headquartered in Bostonb and operates more than 40 officesa nationwide. It currently employs about 100 workerw 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 average annuakl wageof $35,982. Salaries will range up to $80,00p0 annually. The hiring will focus on mortgagew negotiators, customer-service representatives, call-centert managers and mortgage counselors. “NACA is excite d that it’s putting more than 1,00p people to work during thesee tougheconomic times,” NACA Chief Executive Bruce Markd said Thursday.
“Today’s announcement is more than just a soundbite — we are following through on this investment by holdint a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursdayu that she consulted with formerd Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’ws work. BofA began a partnershilp with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expected NACA coulde follow through on its job commitmentxs in severalphone conversations.
“When someone begins something like thisin Charlotte, it alwaysw grows,” McColl said in an interviewe Thursday. “They’ll come in and find this is a good placed tofind (a work I would hope it would be an eruption of jobs, not just trickles down.” The group claims it will be the largest numbert of people hired immediately in one area and the largesft job commitment in the country since the mortgage crisis begab in 2007. The hiring comes as NACA embarks on a nationwidd Save theDream Tour. Marks says the addedx jobs are crucial as NACA leads its campaign to makemortgagea affordable.
Hundreds of NACA staff will provide long-term solutionw for homeowners with anunaffordable mortgage. “Charlotte continuese to be attractive because of ourknowledgeablde financial-services work force and we welcome NACA’s investmenyt in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottew East office park off Albemarle Road betweebn Central Avenue and FarmPond Lane. “Charlottes continues to be recognized as a leader in financial services with a talented and experiencefdlabor force,” says Charlotte Chamber Chairman Tim Belk.
“Wes are pleased to welcome NACA to the community and look forwarde to the investment in jobs and presencew they will bring to our East The chamber assisted NACA in its expansion effort. Charlotte East owner Roger Kellogg, principal of , and leasingf director Eric Speckman have worked closely with NACAsince 2007, when the nonprofitg established a small office in the park. NACA has legallyu binding agreements with all themajofr lenders/servicers to restructure the mortgages they service. The NACA agreements covert more than 90 percen t of homeowners with anunaffordable mortgage.
The staff from the Counseling Center in Charlotte will travel nationwided to work on Save the Dream events wherd morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgageas with permanent interest rates often at 4 percent, 3 percentf and 2 percent and where necessary the principal reduced. The organization, started in 1988, has the primaryt goal of building strong, healthy neighborhoods nationwide througjaffordable homeownership. NACA operations include financial counseling, specialized mortgage services and a Home Save programm for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounselingb Center. For more information about Neighborhood Assistance Corporation of America, including employment opportunities, go to www.naca.com.