SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 1, 2000 Commission file number O-17248 OWENS MORTGAGE INVESTMENT FUND, a California Limited Partnership (Exact Name of Registrant as Specified In Its Charter) California 68-0023931 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 2221 Olympic Boulevard Walnut Creek, California 94595 (Address of principal executive office) (Zip Code) (925) 935-3840 (Registrant's Telephone number, including area code) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. At a meeting of the Board of Directors of Owens Financial Group, Inc., the General Partner of the registrant, held on April 28, 2000, the accounting firm of Grant Thornton LLP was engaged by the General Partner to perform future independent audits of the registrant. Grant Thornton LLP thereby replaced KPMG LLP as the registrant's independent accountants. In connection with the audits of the two years ended December 31, 1999, and the subsequent interim period through April 28, 2000, there were no disagreements with KPMG LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement. KPMG LLP's reports on the registrant's financial statements for the past two years did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. Exhibit Reference Number Exhibit Description 16 Letter from KPMG LLP regarding change in certifying accountant.* - -------------------------------- * Filed herewith SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OWENS MORTGAGE INVESTMENT FUND, a California Limited Partnership Date: May 5, 2000 By: /s/ Bryan H. Draper -------------------- Name: Bryan H. Draper Chief Financial Officer and Secretary Owens Financial Group, Inc. General Partner