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The hiring will begin immediately, with the national nonprofif hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income families. Gov. Bev Perdue announced the expansion Thursday, with the statee giving NACA a $1 million grantt from the One NorthCarolinsa Fund. It plans to inves more than $4 million here, with 1,0144 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financew sector, and this is a tremendouws opportunity forthe Charlotte-area,” Perdue “Our top-rated business climate and skillee financial-services work force are attractive to growinbg national operations.
” NACA is headquartered in Boston and operates more than 40 officee nationwide. It currently employs about 100 workers in Mecklenbur g County to originate and procesdsmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annuall wageof $35,982. Salaries will range up to $80,000 annually. The hiringf will focus on mortgage negotiators, customer-service representatives, call-centet managers and mortgage counselors. “NACA is excited that it’z putting more than 1,000 people to work duringy these tougheconomic times,” NACA Chiefv Executive Bruce Marks said Thursday.
“Today’s announcemenyt is more than just a sound bite we are following through on this investment by holding a jobs fair tomorroq to hire 550people immediately.” Perduse said Thursday that she consulted with formed Bank of America Corp. Chairmah Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’xs work. BofA began a partnershi with NACAunder McColl’s watc h in 1995 and in 2004 committed $6 billioh to its lending program. Perdud says McColl confirmed to her that he expecteed NACA could follow through on its job commitmentas in severalphone conversations.
“Whem someone begins something like thisin Charlotte, it alwayes grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good placre tofind (a work force). I would hope it would be an eruptiobof jobs, not just trickle The group claims it will be the largest numbetr of people hired immediately in one area and the largesty job commitment in the country since the mortgagew crisis began in 2007. The hiring comeds as NACA embarks on a nationwidew Save theDream Tour. Markw says the added jobs are crucialp as NACA leads its campaign to makemortgagex affordable.
Hundreds of NACA stafrf will provide long-term solutions for homeownerxs with anunaffordable “Charlotte continues to be attractive becausew of our knowledgeable financial-services work forc e and we welcome NACA’sa investment in North Carolina,” N.C. Sen. Dan Clodfeltedr (D-Mecklenburg) said in a release. NACA’s Counselingg Center is in the Charlotte East officee park off Albemarle Road between Central Avenude and FarmPond Lane. “Charlotte continues to be recognized as a leade in financial services with a talented and experiencefdlabor force,” says Charlotte Chamber Chairman Tim Belk.
“We are pleasee to welcome NACA to the community and look forward to the investmenf in jobs and presence they will bring to ourEast side.” The chambere assisted NACA in its expansion effort. Charlottse East owner Roger Kellogg, principalo of , and leasing director Eric Speckman have workedd closely with NACAsinc 2007, when the nonprofit established a small officd in the park. NACA has legally bindinhg agreements with all themajor lenders/servicersx to restructure the mortgage they service. The NACA agreements cover more than 90 percent of homeowners with anunaffordable mortgage.
The staffg from the Counseling Center in Charlotte will travel nationwidwe to work on Save the Dream events where morethan 25,00p0 people are counseled over four days, with thousandzs receiving affordable restructured mortgages with permanent interest ratesd often at 4 percent, 3 percent and 2 percen t and where necessary the principal reduced. The started in 1988, has the primaryy goal of building strong, healthy neighborhoods nationwide throughaffordablew homeownership. NACA operations include financial counseling, specialized mortgage services and a Home Save program for homeownersd with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridauy and Saturday at its CharlotteCounseling Center. For more informatiob about Neighborhood Assistance Corporatiohnof America, including employment opportunities, go to
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