Colorado was one of the first states to feel the brunt of the foreclosure crisis. In 2006 Colorado led the nation in foreclosures per capita. Although Colorado has since dropped in the overall number of foreclosures and is slowly recovering from the crisis, the Colorado Attorney General has been on the forefront in dealing with foreclosure and lender related fraud.
The aggressive pursuit against those defrauding Colorado residents has resulted in prevention of the loss of homes for thousands of Colorado residents while providing hundreds of millions in financial loan assistance and direct financial relief to residents, affordable housing projects, legal assistance to low income and elderly residents, and to housing counselor agencies such as the Colorado Foreclosure Hotline.
From pursuing cases against mortgage brokers, foreclosure rescue and loan modification firms, to foreclosure law firms, the Colorado Attorney General remains dedicated to pursuing those preying on Colorado consumers.