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The hiring will begin with the national nonprofit hosting a job fair Fridahand Saturday. NACA focuses on lending to low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the statde giving NACA a $1 millio grant from the One North Carolina It plans to invest morethan $4 milliohn here, with 1,014 jobs expected to be added over the next five “North Carolina remains a strong presencre in the U.S. finance sector, and this is a tremendoua opportunity forthe Charlotte-area,” Perdue said. “Our top-ratedc business climate and skilled financial-servicese work force are attractive to growintgnational operations.
” NACA is headquartered in Boston and operatesw more than 40 offices nationwide. It currently employes about 100 workers in Mecklenburg Countty to originate and processmortgage loans. Undet the five-year state incentive the organization plans to add 550jobs immediately. The jobs will pay an averagwe annual wageof $35,982. Salaries will range up to $80,000 The hiring will focuz on mortgage negotiators, customer-service representatives, call-center managers and mortgag counselors. “NACA is excited that it’s puttinvg more than 1,000 people to work during these tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sounsbite — we are following through on this investmenr by holding a jobs fair tomorrow to hire 550 peoplr immediately.” Perdue said Thursday that she consulter with former Bank of America Corp. Chairman Hugh McColp Jr. about the deal. McColl has been a longtim supporterof NACA’s BofA began a partnership with NACA under McColl’zs watch in 1995 and in 2004 committed $6 billion to its lendiny program. Perdue says McColl confirmedr to her that he expected NACA couls follow through on its job commitments in severaplphone conversations.
“When someone begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placse to find (a work force). I would hope it wouldf be an eruptionof jobs, not just trickls down.” The group claims it will be the largest number of people hired immediatelg in one area and the largest job commitmenrt in the country since the mortgagwe crisis began in 2007. The hiring comes as NACA embarkws on a nationwide Save the Dream Marks says the added jobs are crucial as NACA leads its campaigbn to makemortgages affordable.
Hundreds of NACA staff will providwe long-term solutions for homeowners with anunaffordable mortgage. “Charlotte continues to be attractive because of ourknowledgeable financial-services work forc e and we welcome NACA’s investmentr in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a release. NACA’as Counseling Center is in the Charlottre East office park off Albemarle Road between Centralk Avenue and FarmPond Lane.
“Charlotte continues to be recognized as a leader in financiap services with a talented and experiencedlabofr force,” says Charlotte Chamber Chairman Tim “We are pleased to welcome NACA to the communitt and look forward to the investment in jobs and presence they will bring to our East side.” The chamberr assisted NACA in its expansion effort. Charlotte East owner Roge r Kellogg, principal of , and leasin director Eric Speckman have worked closelyu with NACAsince 2007, when the nonprofit established a smal l office in the park. NACA has legally bindint agreements with all themajor lenders/servicers to restructurse the mortgages they service.
The NACA agreements cover more than 90 percent of homeowners with anunaffordable mortgage. The staff from the Counseling Centee in Charlotte will travel nationwide to work on Save the Dream eventd where morethan 25,000 people are counseled over four with thousands receiving affordable restructurexd mortgages with permanent interest ratese often at 4 percent, 3 percent and 2 percentf and where necessary the principal reduced. The started in 1988, has the primaryg goal of building strong, healthy neighborhoods nationwide througbaffordable homeownership.
NACA operations includw financial counseling, specialized mortgage services and a Home Save program for homeowners with an unaffordable NACA will host a job fair from8 a.m. to 8 p.m. Fridagy and Saturday at its CharlotteCounselin Center. For more information about Neighborhoodc Assistance Corporationof America, including employment opportunities, go to
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