Exhibit 16.1
November 3, 2011
Office of the Chief Accountant
Securities and Exchange Commission
100 F Street, N. E.
Washington, D.C. 20549
Ladies and Gentlemen:
We have read the comments made regarding us in Item 4.01 of Form 8-K of Owens Mortgage Investment Fund dated November 3, 2011 and filed November 3, 2011, and are in agreement with those statements.
| Very truly yours, |
/s/ Perry-Smith LLP
Sacramento, California
cc: Mr. Bryan Draper
Chief Financial Officer, Principal
Owens Mortgage Investment Fund