Thursday, June 30, 2011

NACA to add more than 1,000 jobs in Charlotte - Pacific Business News (Honolulu):

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The hiring will begin immediately, with the national nonprofi t hosting a job fair Fridayand Saturday. NACA focused on lending to low- and moderate-income Gov. Bev Perdue announced the expansiob Thursday, with the state giving NACA a $1 million grany from the One NorthCarolinwa Fund. It plans to invest more than $4 million with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendoua opportunity forthe Charlotte-area,” Perdue said. “Our top-ratee business climate and skilled financial-services work force are attractivse to growingnational operations.
” NACA is headquartered in Bosto and operates more than 40 officesw nationwide. It currently employs about 100 workers in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organizatioj plans to add 550 jobs immediately. The jobs will pay an average annual wageof $35,982. Salaries will ranged up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-cente managers and mortgage counselors. “NACA is excited that it’s puttinv more than 1,000 people to work during thesed tougheconomic times,” NACA Chiegf Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a soundebite — we are following througg on this investment by holding a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursdayh that she consulted with former Bank of Americas Corp. Chairman Hugh McCollo Jr. about the deal. McColl has been a longtime supporterof NACA’s work. BofA began a partnership with NACAunded McColl’s watch in 1995 and in 2004 committed $6 billion to its lendinh program.
Perdue says McColl confirmed to her that he expectedr NACA could follow througu on its job commitments in severalphone “When someone begins something like this in Charlotte, it alwaysx grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good placde tofind (a work I would hope it would be an eruption of not just trickle down.” The groulp claims it will be the largesy number of people hired immediately in one area and the largestr job commitment in the country sinced the mortgage crisis began in 2007. The hiring comea as NACA embarks on a nationwide Save theDrean Tour.
Marks says the addedr jobs are crucial as NACA leadws its campaign to makemortgages affordable. Hundreds of NACA stafft will provide long-term solutions for homeownersd with anunaffordable mortgage. “Charlotte continuea to be attractive because of ourknowledgeable financial-services work force and we welcomw NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelte (D-Mecklenburg) said in a release.
NACA’s Counselinbg Center is in the Charlotter East office park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiall services with a talented and experienced labor says Charlotte Chamber Chairman Tim Belk. “We are pleased to welcom e NACA to the community and look forward to the investment in jobs and presencwe they will bring to ourEast side.” The chamber assistex NACA in its expansion effort. Charlotter East owner Roger Kellogg, principal of , and leasing directod Eric Speckman have worked closely with NACA since 2007, when the nonprofit established a smal l office in the park.
NACA has legally binding agreementa with all themajor lenders/servicers to restructure the mortgages they service. The NACA agreementsw cover more than 90 percent of homeowners with anunaffordable mortgage. The staffr from the Counseling Center in Charlottr will travel nationwide to work on Save the Dream eventz where morethan 25,000 people are counsele d over four days, with thousands receiving affordable restructured mortgageas with permanent interest rates often at 4 3 percent and 2 percent and where necessary the principalp reduced. The organization, started in 1988, has the primar y goal of building strong, healthy neighborhoodss nationwide throughaffordable homeownership.
NACA operations include financial counseling, specializee 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. Fridauy and Saturday at its CharlotteCounseling Center. For more information abourt Neighborhood Assistance Corporationof America, including employment go to www.naca.com.

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