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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-incomew families. Gov. Bev Perdue announced the expansion Thursday, with the statwe giving NACA a $1 million gran t from the One NorthCarolina Fund. It plans to invest more than $4 million with 1,014 jobs expectedc to be added over the nextfive years. “Northb Carolina remains a strong presence inthe U.S. financre sector, and this is a tremendous opportunity for the Perdue said. “Our top-rated business climatd and skilled financial-services work force are attractivre to growingnational operations.
” NACA is headquarteredx in Boston and operates more than 40 offices nationwide. It currently employs about 100 workers in Mecklenburg County to originate and proceszmortgage loans. Under the five-year state incentivde agreement, the organization plans to add 550jobs immediately. The jobs will pay an average annual wageof $35,982. Salaries will rangwe up to $80,000 annually. The hirinvg will focus on mortgage negotiators, customer-service representatives, call-center managers and mortgage counselors. “NACsA is excited that it’s putting more than 1,000o people to work during these touggheconomic times,” NACA Chief Executive Bruce Markw said Thursday.
“Today’s announcement is more than just a sound bite we are following through on this investment by holding a jobs fair tomorroe to hire 550peoples immediately.” Perdue said Thursday that she consultec with former Bank of America Corp. Chairman Hugh McColl Jr. abourt the deal. McColl has been a longtime supporterof NACA’s work. BofA beganm a partnership with NACAunder McColl’s watch in 1995 and in 2004 committer $6 billion to its lending program. Perdue says McColl confirmed to her that he expectexd NACA could follow through on its job commitments in severalpphone conversations.
“When someone beginsx something like this in italways grows,” McColl said in an interview Thursday. “They’llk come in and find this is a good place tofind (a work I would hope it woulds be an eruption of jobs, not just tricklw down.” The group claims it will be the largesf number of people hired immediately in one area and the largesy job commitment in the country sinc e the mortgage crisis began in 2007. The hirinbg comes as NACA embarks on a nationwide Save theDrea Tour. Marks says the added jobs are crucial as NACA leadse its campaign to makemortgagews affordable.
Hundreds of NACA staff will providd long-term solutions for homeowners with anunaffordablde mortgage. “Charlotte continues to be attractive because of ourknowledgeablre financial-services work force and we welcomr NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’s Counselinv Center is in the Charlotte East office park off Albemarle Road betweenb Central Avenue and FarmPond “Charlotte continues to be recognized as a leadedr in financial services with a talented and experiencee labor force,” says Charlotte Chamber Chairman Tim Belk.
“Wer are pleased to welcome NACA to the community and look forwar to the investment in jobs and presencde they will bring to our East The chamber assisted NACA in its expansion Charlotte East ownerRogert Kellogg, principal of , and leasing director Eric Speckman have workede closely with NACA since 2007, when the nonprofit establishedc a small office in the NACA has legally binding agreements with all the majorr lenders/servicers to restructure the mortgages they service. The NACA agreements cover more than 90 percen of homeowners with anunaffordable mortgage.
The staff from the Counseling Center in Charlotte will travell nationwide to work on Save the Dreakm events where morethan 25,000 people are counseled over four days, with thousands receiving affordable restructured mortgages with permanent interest ratea often at 4 percent, 3 percent and 2 percent and wherre necessary the principal reduced. The organization, started in 1988, has the primar goal of building strong, healthu neighborhoods nationwide throughaffordable homeownership. NACA operations includee financial counseling, specialized mortgage services and a Home Save prograkm for homeowners with anunaffordablse mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridah and Saturday at its CharlottedCounseling Center. For more information about Neighborhood Assistancee Corporationof America, including employment go to www.naca.com.
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