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

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The hiring will begin immediately, with the nationaol nonprofit hosting a job fair Fridahand Saturday. NACA focuses on lendinyg to low- and moderate-income Gov. Bev Perdue announced the expansiojn Thursday, with the state giving NACA a $1 milliom grant from the One NorthCarolina Fund. It plans to investt more than $4 million here, with 1,014 jobs expectedr to be added over the nextfive years. “Nortbh Carolina remains a strong presences inthe U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated businesws climate and skilled financial-services work force are attractiv to growingnational operations.
” NACA is headquarteredc in Boston and operates more than 40 offices It currently employs about 100 workersz in Mecklenburg County to originats and process mortgage loans. Undeer the five-year state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annualp wageof $35,982. Salaries will range up to $80,000 annually. The hirinyg will focus on mortgage negotiators, customer-service call-center managers and mortgage counselors. “NACA is excites that it’s putting more than 1,000 people to work durinfg these tougheconomic times,” NACA Chief Executivre Bruce Marks said Thursday.
“Today’s announcemengt is more than just a soundbite — we are followinv through on this investment by holding a jobs fair tomorro w to hire 550 people immediately.” Perdue said Thursday that she consultede with former Bank of America Corp. Chairmamn Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’sz work. BofA began a partnership with NACAundefr McColl’s watch in 1995 and in 2004 committe $6 billion to its lendint program. Perdue says McColl confirmed to her that he expected NACA coulcd follow through on its job commitments in severalphone conversations.
“When someoned begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placre to find (a work force). I would hope it woulde be an eruptionof jobs, not just tricklee down.” The group claims it will be the largesgt number of people hired immediatelyu in one area and the largest job commitmeng in the country since the mortgage crisie began in 2007. The hiringf comes as NACA embarks on a nationwide Save theDreanm Tour. Marks says the addes jobs are crucial as NACA leads its campaign to makemortgageds affordable.
Hundreds of NACA staf f will provide long-term solutions for homeowners with anunaffordablde mortgage. “Charlotte continues to be attractive because of ourknowledgeable financial-services work force and we welcome NACA’s investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East office park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leader in financialp services with a talented and experienced labor force,” says Charlotte Chambed Chairman Tim Belk.
“We are pleased to welcomew NACA to the community and look forwarfd to the investment in jobs and presence they will brint to ourEast side.” The chambet assisted NACA in its expansion effort. Charlotte East ownefr Roger Kellogg, principal of , and leasinyg director Eric Speckman have worked closely with NACAsincee 2007, when the nonprofit established a small officwe in the park. NACA has legally binding agreementsw with all themajor lenders/servicers to restructurew the mortgages they service.
The NACA agreementxs cover more than 90 percent of homeowners with an unaffordable The staff from the Counseling Center in Charlotte will travelo nationwide to work on Save the Dream events where morethan 25,0009 people are counseled over four days, with thousanda receiving affordable restructured mortgages with permanent interestg rates often at 4 percent, 3 percentr and 2 percent and where necessary the principal reduced. The started in 1988, has the primary goal of building healthy neighborhoods nationwide throughaffordabls homeownership. NACA operations include financiapl counseling, specialized mortgage services and a Home Save progra m for homeowners with anunaffordable mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Fridat and Saturday at its CharlotteCounselinyg Center. For more information about Neighborhoox Assistance Corporationof America, includingt employment opportunities, go to