Michigan leaders are calling on credit unions and banks to help troubled homeowners in a new program that would funnel $154 million of Troubled Asset Relief Program funds to local lenders in an effort to keep troubled borrowers in their homes.

"Our state's biggest challenge is sustaining homeownership for unemployed and underemployed borrowers," said David Adams, the president of the Michigan Credit Union League, regarding the so-called Hardest-Hit Tarp funds, which also are being disbursed in the four "Sand States" (California, Nevada, Arizona and Florida).

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