What is OCIF Law 169?

This is the law that creates a form to apply for benefits under the Loss Mitigation program. Once the form is submitted, it grants the debtor 15 days to complete the application by sending the documents necessary for the evaluation and does not allow foreclosure processes to start or continue the during that period. In order for the law to apply to you, you must fill out the form and submit it at our Loss Mitigation department. You can also mail it to the following address:


Banco Popular de Puerto Rico
Loss Mitigation Division (655)
PO BOX 362708
San Juan PR 00936-2708




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