NACA to add more than 1,000 jobs in Charlotte - Puget Sound Business Journal (Seattle):

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The hiring will begin immediately, with the nationakl nonprofit hosting a job fair Fridayand Saturday. NACA focusez on lending to low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the state giving NACA a $1 million grant from the One NorthyCarolina Fund. It plans to invesrt more than $4 million here, with 1,01 4 jobs expected to be added over the nextfive years. “Northj Carolina remains a strong presence inthe U.S. financse sector, and this is a tremendousw opportunity forthe Charlotte-area,” Perdue said. “Our top-rated business climat and skilled financial-services work force are attractivee to growingnational operations.
” NACA is headquartered in Boston and operates more than 40 offices nationwide. It currently employ s about 100 workers in Mecklenburb County to originate and processmortgags loans. Under the five-year state incentive agreement, the organization plans to add 550jobs immediately. The jobs will pay an average annual wage of Salaries will range upto $80,000 annually. The hirinvg will focus on mortgage negotiators, customer-service representatives, call-centef managers and mortgage counselors. “NACA is excited that it’sx putting more than 1,000 people to work durinvg these tougheconomic times,” NACA Chief Executive Bruce Markes said Thursday.
“Today’s announcement is more than just a soundbite — we are following through on this investmenf by holding a jobs fair tomorroew to hire 550 people immediately.” Perduer said Thursday that she consulted with former Bank of America Chairman Hugh McColl Jr. about the McColl has been a longtimre supporterof NACA’s BofA began a partnership with NACA under McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColp confirmed to her that he expected NACA coulde follow through on its job commitments in severaklphone conversations.
“When someone beginw something like this in italways grows,” McColpl said in an interview Thursday. “They’ll come in and find this is a good place tofind (a work force). I would hope it would be an eruption of jobs, not just trickle down.” The grou p claims it will be the largestr number of people hired immediately in one area and the largestg job commitment in the country since the mortgag crisis began in 2007. The hirin comes as NACA embarks on a nationwide Save the Dream Tour. Marks says the added jobs are crucial as NACA leadss its campaign to makemortgages affordable.
Hundreds of NACA stafdf will provide long-term solutions for homeownera with anunaffordable “Charlotte continues to be attractive because of our knowledgeable financial-servicew work force and we welcome NACA’s investment in Nortgh Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottw East office park off Albemarle Road between Centralk Avenue and FarmPond Lane.
“Charlotte continues to be recognized as a leader in financial services with a talented and experiencedlabotr force,” says Charlotte Chamber Chairman Tim “We are pleased to welcomde NACA to the community and look forward to the investment in jobs and presence they will bring to our East side.” The chambe r assisted NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasint director Eric Speckman have worked closely with NACA sincwe 2007, when the nonprofit established a smalk office in the park. NACA has legallyy binding agreements with all themajor lenders/servicers to restructurer the mortgages they service.
The NACA agreements cover more than 90 percent of homeowners with anunaffordable mortgage. The staff from the Counselinfg Center in Charlotte will travel nationwide to work on Save the Dreamj events where morethan 25,00 people are counseled over four with thousands receiving affordable restructures mortgages with permanent interest rates oftehn at 4 percent, 3 percent and 2 percentf and where necessary the principal The organization, started in 1988, has the primary goal of buildint strong, healthy neighborhoods nationwide through affordable NACA operations include financial counseling, specialized mortgager services and a Home Save program for homeowners with an unaffordablee mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Friday and Saturday at its CharlotteCounseling Center. For more information abou Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.