Monday, November 5, 2012

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

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The hiring will begin with the national nonprofit hostint a job fair Fridayand Saturday. NACA focusesa on lending to low- and moderate-income families. Gov. Bev Perdude announced the expansion Thursday, with the stats giving NACA a $1 millionh grant from the One NorthCarolina Fund. It plansz to invest more than $4 million with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presencre in the U.S. finance sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Ourt top-rated business climate and skilled financial-services work forc e are attractive to growingnationapl operations.
” NACA is headquartered in Boston and operatees more than 40 offices nationwide. It currently employs about 100 workers in Mecklenburgb County to originate and processmortgage loans. Under the five-year state incentive agreement, the organizationj plans to add 550jobs immediately. The jobs will pay an averager annual wageof $35,982. Salaries will rangee up to $80,000 annually. The hiring will focusx on mortgage negotiators, customer-service representatives, call-center managere and mortgage counselors. “NACA is excitedc that it’s putting more than 1,000 people to work during thesr tougheconomic times,” NACA Chief Executive Brucs Marks said Thursday.
“Today’s announcement is more than just a soundebite — we are following throughy on this investment by holding a jobs fair tomorrow to hire 550 peoplr immediately.” Perdue said Thursday that she consultes with former Bank of America Chairman Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’s work. BofA begam a partnership with NACAunder McColl’s watch in 1995 and in 2004 committedd $6 billion to its lending program. Perdued says McColl confirmed to her that he expected NACA could followa through on its job commitments in severaklphone conversations.
“When someone beginw something like thisin Charlotte, it always McColl said in an interview Thursday. “They’llk come in and find this is a good place tofind (a work I would hope it would be an eruptionj of jobs, not just trickle down.” The group claims it will be the largesty number of people hired immediately in one area and the largesg job commitment in the country since the mortgage crisis began in 2007. The hirinf comes as NACA embark on a nationwide Save theDream Tour. Markas says the added jobs are crucial as NACA leadws its campaign to makemortgages affordable.
Hundreds of NACA stafv will provide long-term solutions for homeowners with anunaffordables mortgage. “Charlotte continues to be attractive because of ourknowledgeable financial-services work forcd and we welcome NACA’s investmenrt in North Carolina,” N.C. Sen. Dan Clodfeltere (D-Mecklenburg) said in a release. NACA’s Counseling Center is in the Charlotte East office park off Albemarle Road between Central Avenu e and FarmPond Lane. “Charlotte continues to be recognizec as a leader in financiall services with a talented and experiencedlabore force,” says Charlotte Chamber Chairman Tim Belk.
“We are pleases to welcome NACA to the community and look forward to the investment in jobs and presence they will bringv to ourEast side.” The chamber assistedc NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasingg director Eric Speckman have worked closelyh with NACA since 2007, when the nonprofit established a smal office in the park. NACA has legally binding agreementa with all themajor lenders/servicere to restructure the mortgages they service. The NACA agreements covef more than 90 percent of homeownerz with anunaffordable mortgage.
The staffc from the Counseling Center in Charlotte will travel nationwidde to work on Save the Dream events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgages with permaneng interest rates often at 4 percent, 3 percent and 2 percenf and where necessary the principal reduced. The organization, started in has the primary goal ofbuildin strong, healthy neighborhoods nationwide through affordable homeownership. NACA operation s include financial counseling, specializeds mortgage services and a Home Save program for homeowneres with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Friday and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporatiobnof America, including employment opportunities, go to

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