Thursday, April 12, 2012

NACA to add more than 1,000 jobs in Charlotte - Dallas 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-incomd families. Gov. Bev Perdue announcedr the expansion Thursday, with the statd giving NACA a $1 million grant from the One NortuCarolina Fund. It plans to invest more than $4 million here, with 1,014 jobs expectedc to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance sector, and this is a tremendous opportunitt forthe Charlotte-area,” Perdue said. “Our top-rated business climate and skilled financial-services work forcd are attractive to growingnational operations.
” NACA is headquartererd in Boston and operates more than 40 officesa nationwide. It currently employs abouyt 100 workers in Mecklenburg County to originatre and processmortgage loans. Unde r the five-year state incentive agreement, the organizatiohn plans to add 550 jobs The jobs will pay an averagw annual wageof $35,982. Salaries will range up to $80,0000 annually. The hiring will focus on mortgage negotiators, customer-servicer representatives, call-center managers and mortgage “NACA is excited that it’s puttinhg more than 1,000 people to work during these touguheconomic times,” NACA Chief Executive Bruce Marks said “Today’s announcement is more than just a sound bite we are following through on this investmenty by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulted with formere Bank of America Corp.
Chairman Hugh McColl Jr. aboutg the deal. McColl has been a longtimes supporterof NACA’s work. BofA began a partnershipp with NACAunder McColl’s watch in 1995 and in 2004 committec $6 billion to its lending program. Perdue says McCol l confirmed to her that he expectes NACA could follow through on its job commitmentd in severalphone “When someone begins something like this in Charlotte, it always McColl said in an interview Thursday.
“They’ll come in and find this is a good placwe tofind (a work I would hope it would be an eruptionn of jobs, not just trickle The group claims it will be the largest number of peopl hired immediately in one area and the largest job commitmeng in the country sinc e the mortgage crisis began in 2007. The hiring comeds as NACA embarks on a nationwide Save theDrea Tour. Marks says the added jobs are cruciapl as NACA leads its campaign to makemortgagesz affordable. Hundreds of NACA staff will provide long-termm solutions for homeowners with anunaffordable mortgage.
“Charlotte continues to be attractivwe because of ourknowledgeable financial-service work force and we welcome NACA’ws investment in North Carolina,” N.C. Sen. Dan Clodfelterf (D-Mecklenburg) said in a release. NACA’s Counseling Center is in the Charlotte East officwe park off Albemarle Road betwee Central Avenue and FarmPond Lane. “Charlotte continues to be recognizesd as a leader in financia services with a talented and experiencedlabor force,” says Charlottee Chamber Chairman Tim “We are pleased to welcome NACA to the communityt and look forward to the investment in jobs and presence they will bring to our East side.
” The chamber assisted NACA in its expansion effort. Charlotted East owner Roger principalof , and leasing director Eric Speckman have worker closely with NACA since 2007, when the nonprofit establishef a small office in the park. NACA has legally binding agreements with all themajor lenders/servicers to restructurse the mortgages they service. The NACA agreementa cover more than 90 perceng of homeowners with an unaffordable The staff from the Counseling Centerf in Charlotte will travel nationwide to work on Save the Dreak events where morethan 25,000 people are counsele d over four days, with thousandd receiving affordable restructured mortgages with permanent interest rates oftenm at 4 percent, 3 percent and 2 percenf and where necessary the principalk reduced.
The organization, started in 1988, has the primaryu goal of building strong, healthy neighborhoods nationwide through affordable NACA operations includefinancial counseling, specialized mortgage services and a Home Save progran for homeowners with an unaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridayg and Saturday at its CharlotteCounselint Center. For more information aboutg Neighborhood Assistance Corporationof America, including employment opportunities, go to

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