Tess:
I'm am currently refinancing my home. Last week, I heard the discussion about the woman who was modifying her mortgage with Wells Fargo and had it adversely affect her credit score. I followed up with this to make sure I was safe. Based on what I found out, there is a difference between refinancing your home and modifying your loan, with the latter affecting your credit rating. As explained to me, a modification is for people who cannot refinance and are experiencing financial hardship.

Thanks. I love your show. Joe in Jacksonville