The Colorado Foreclosure Hotline was established as a public-private partnership. Discussions began in late 2005, and in 2006, the Blue Ribbon Panel on Housing, composed of various housing industry professionals, identified a foreclosure crisis on the rise.

The panel also identified the effectiveness of HUD-approved housing counseling, and acknowledged that a unified network of such agencies would be essential in combating the foreclosure problem.

The Colorado Foreclosure Hotline was created as a central point of contact for homeowners in danger of foreclosure, and as a means for connecting those homeowners to a HUD-approved housing counseling agency in their community.

- One-touch dialing to a foreclosure counselor, directions to our main office, and built-in sharing features
- List of foreclosure-related events that are available to homeowners
- A map of partner agencies, with descriptions, contact information, and GPS directions to each
- Feedback recorder that allows users of the hotline to provide comments on the service they received
- A toolkit featuring a CO-based foreclosure timeline, prevention options, a loss mitigation checklist, foreclosure terms, and scam avoidance
- Other resources, a section for notes related to your foreclosure, and related social media