Hacienda Matapalo, a 665 acre luxury gated community set in a Rainforest overlooking the Pacific Ocean has been hearing from clients that their IRA/401k investments have soured, and has decided to help those with an interest in Costa Rica Real Estate.

Fort Lauderdale, Fl (PRWEB) September 19, 2008 -- "We have been hearing from many of our clients that they have suffered a severe downturn in their retirement accounts, but still have an interest in retiring to Costa Rica for the lifestyle and low cost of living provided by Costa Rica Real Estate". Michael Starkey, V.P. of Sales,Hacienda Matapalo.

In an effort to help accomplish this Hacienda Matapalo is instituting a Costa Rica Real Estate Rainforest Homesite purchase program effective immediately:

1. Current Price of 1.25 acre Rain Forest Homesite is $200,000

2. Hacienda Matapalo will credit a significant amount of the losses you have incurred in your
    IRA/401k toward the purchase of 1.25 acre Rainforest Homesite

3. Clients can recoup up to $70,000 in recent IRA/401K losses immediately.
    There is no waiting for the markets to turn around, no hoping for that long-
    shot stock to pay off. A retirement fund that was worth $200,000 last
    month and is now worth $130,000 today can immediately be worth
    $200,000 or more, with Hacienda Matapalo's IRA / Qualified Retirement
    Plan Bailout Program.
4. Full payment from your IRA/401k/Cash will be required for this prime
    Costa Rica Real Estate

5. This offer is subject to availability and only a limited number are available.

About Hacienda Matapalo

Why is Hacienda Matapalo the best selling pre-Construction development in Costa Rica?

Located in a Rainforest on a Mountain overlooking the Pacific is the 665 acre Resort style community of Hacienda Matapalo. Just 800 meters from the ocean, with a Beach Club, Resort Clubhouse, Equestrian Center, Waterfalls, 125 acre nature preserve, and Retail center. Located "where the mountains meet the sea" on the Pacific Coast (Costenera) Highway, with easy access to a new airport, hospital, and marina.

Completely surrounded by lush forest, cascading waterfalls and breathtaking views of the Pacific Ocean is Costa Rica's extraordinary gated community of Hacienda Matapalo. With 665 private acres, Hacienda Matapalo offers a world of natural beauty and adventure.

Hacienda Matapalo is located just 800 meters (2,624.67 ft) off the beach and reaches back three kilometers into the primary forested mountains to an altitude of nearly 2,000 feet above sea level . With its 125 acre dedicated nature preserve, nature is and always will be an integral part of this unique community. Set amongst countless species of birds, butterflies, and wildlife Hacienda Matapalo offers 1.25+ acre home sites, single-family homes, town homes, villas and condominiums all equipped with state-of-the-art connectivity including satellite, Internet, telephone, and 24-hour security.

• Our Free eSeminar on Tuesday, September, 23rd at 7PM, will discuss this program in more detail.

Register here.

If you would like to discuss this program immediately please contact us:
(800.281.4145), and ask for the special programs desk.

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News of Lloyds TSB's takeover of HBOS will do little to help the thousands of people falling into mortgage arrears says Payment Protection Insurance lobbyist Sara-Ann Burgess from Burgesses.

Braintree, Essex (PRWEB) September 19, 2008 -- News of Lloyds TSB's takeover of HBOS will do little to help the thousands of people falling into mortgage arrears, says Payment Protection Insurance lobbyist Sara-Ann Burgess from Burgesses.

She comments: "Whilst this £12.2bn takeover might relieve the pressure on HBOS, it will not ease the financial burden felt by hundreds of thousands of people faced with crippling debts and little support from their lender. More and more people are losing their jobs and struggling to make ends meet, but this is of little concern to these two organisations that collectively will become a 'super bank'."

According to the Council of Mortgage Lenders, at the end of the first half of this year, 155,600 households had arrears of three months or more. Many have contacted the National Debtline - the debt advice charity reports that 4,154 calls, in connection with first and second charge mortgages, were made during June, July and August this year, up from 2865 the previous year.

Sara-Ann asks: "Where are the lenders when their customers need them most? If they're calling Debtline it must be because they're getting little support from their mortgage company. The Charity has been recruiting to try and keep pace with the demand for its services - there are now 100 staff on hand to give advice, but I suspect this is the tip of the iceberg. The numbers of callers would double again if the capacity to help them increased."

There are also worries that LTSB and HBOS will hold a collective customer base of nearly one third of the UK's savings and mortgage market, creating a larger captive audience, for the marketing of its own-brand PPI.

Sara-Ann continues: "There's a general nervousness about the stability of jobs which means more people may consider purchasing PPI as a financial safety net. This is great news, but consumers should not buy cover that's offered by their lender - shop around, as much cheaper and more comprehensive policies can be sourced via independent providers."

She concludes: "I hope more support will be given to those struggling to make their mortgage repayments and customers will not be taken advantage of. I also urge people to purchase PPI - it provides some financial breathing space for those made redundant - something I hope the 40,000 or so employees, plus staff working in businesses that support LTSB and HBOS will get.

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LONDON (Reuters) -
Investors start the final quarter of 2008 this week in an increasingly dysfunctional global market, after weeks of historic turbulence that have prompted a near seizure in lending between banks.

While Washington's $700-billion bailout package is crucial in tackling the worst financial crisis since the Great Depression, doubts remain as to how it could immediately thaw the frozen money and credit market.

This week's data highlight is the U.S. employment report for September but the indicator is unlikely to fully capture the massive shock to the labor market, broader economy and consumer confidence of the events of the past two weeks.

Interbank money markets are experiencing historically high tensions after the collapse of Lehman Brothers, Washington Mutual and the firesale of Merrill Lynch and UK bank HBOS, while a global ban on short selling has caused trading volumes in major stock exchanges to dwindle.

The liquidity crisis is spreading to the Arab Gulf, other emerging markets and Scandinavia, and the U.S. commercial paper market, a vital source of funding for many companies' daily operations, has shrunk to its smallest in almost two years.

All that has backed a stampede into safe-haven U.S. government debt that has sent short-term yields to near zero as prices rocketed.

"It's the most dysfunctional market I can remember in my career of 20 years," said Chris Iggo, chief investment officer at AXA Investment Managers.

"It is the complete questioning of the very fundamentals of how the financial system works. The real key to everything we do is a matter of trust and there is evaporation of trust."

"That's why banks are not lending to each other and people are worried about the creditworthiness of debt and there's a lack of belief in the ability of equities to deliver the earnings that analysts are forecasting."

After more than a week of negotiations, U.S. lawmakers on Sunday were set to sign off on a deal to create a $700 billion government fund to buy bad debt from ailing banks.

Britain might claim another victim to the 13-month-old credit crisis this week. The BBC reported on Sunday the country will nationalize troubled mortgage firm Bradford & Bingley (BB.L) after it took Northern Rock into public ownership in February.

PRESSURE FOR GLOBAL ACTION

On Friday, the cost of borrowing dollars for three months in the interbank market stood at 3.76188 percent, a full two percentage points above expected official U.S. interest rates -- a record premium.

Numerous liquidity interventions by central banks -- so far the only coordinated action -- have failed to eliminate money market tensions stemming from a global shortage of dollars.

Pressure is growing for policymakers to do more to contain the fast-spreading financial crisis -- delivering an ensemble cut in interest rates for example.

"The clear signal from the market is that these liquidity operations are not working. The money is not getting where it needs to go," said Nick Parsons, head of market strategy at nabCapital.

"So, if changing the quantity of money has not worked, then it's time to change its price."

The European Central Bank, which meets on Thursday to decide on interest rates, is unlikely to lower the cost of borrowing until December because it remains worried about persistent inflation pressures.

According to interest rate futures, investors are betting on a 1-5 chance of a half-point interest rate cut from the Federal Reserve by late October.

"Credit is rapidly becoming either completely unavailable or punitively expensive ... The countdown to a dramatically bad economic outcome is therefore running at very high speed," said Tim Bond, head of asset allocation at Barclays Capital.

"Unchecked, the current crisis would turn into a self-reinforcing vortex of defaults, bank capital contraction and deep recession within a matter of weeks."

INVESTING OPTIONS

In these uncertain times, options for investors to invest their capital are diminishing rapidly as stocks and commodities fall, while government bonds are already expensive with some U.S. yields close to zero.

"Investors are trying to do everything they can to safeguard capital. The implication is the continued deleveraging of the financial system and the continued consolidation of financial institutions," Axa's Iggo said.

"There is no credit available to finance consumption and investment. Globally there is a major economic slowdown that's going to last for a considerable amount of time."

Tuesday's release of Reuters September global asset allocation polls will give a useful pointer on how money managers are shifting their assets in surveys conducted after the collapse of Lehman Brothers.

Even emerging markets -- the star performers of the past few years -- are suffering from a departure of foreign capital as investors flee higher-risk assets.

Morgan Stanley analysts say the bank industry panic in the developed world could cause capital inflows into emerging markets to fall by a quarter to $550 billion in 2009, increasing the risk of a global recession and even a currency crisis.

Emerging market stocks, measured by MSCI (.MSCIEF), are down 34 percent this year, after five straight years of double digit gains. Their developed market counterpart (.MIWO00000PUS) is down 22 percent since January.

In Ukraine, a mix of political and economic uncertainty has led to a sharp fall in the local currency, depleting currency reserves and threatening a full-blown currency crisis.

"Not only will the emerging market economies experience a material slowdown, but the world's capital flows to emerging markets will also likely be significantly reduced, undermining emerging market currencies," Stephen Jen, Morgan Stanley's chief currency economist, said in a note to clients.

(Editing by Paul Bolding)

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