I believe this type of letter attests to a client assertion, which requires I adhere to the standards for an attestation engagement.
If the mortgage broker and lender really want an attest report from a CPA, then the CPA has an obligation to perform that engagement and follow the appropriate professional standards.
The California Board of Accountancy's study of California's 500-hour, attest
experience requirement for CPA licensure involves surveying a wide range of groups in California--including consumers, applicants, new and experienced licensees, hiring managers and licensees who supervise and sign-off on attest
experience, as well as accounting department faculty.
The California Board of Accountancy launched the study of California's 500-hour, attest experience requirement for CPA licensure.
Results of a national survey also will be included as part of the CBA's final report on the attest experience requirement.