I purchased a house last August at 6.5% interest rate w/ a FHA loan w/ CTX Mortgage which then sold the loan to Countrywide. March of this year I streamlined my FHA loan to 5% using UAMC. They paid off the Countrywide loan (which is properly shown on my credit report). My loan was then sold from UAMC to Chase. Its been about a month and a half and I'm now showing a UAMC loan open as well as a Chase loan open.
In the past 30 days my FICO score dropped 42 points - from 656 to 614 
Should I be concerned and is this temporary or is it going to take me time to rebuild my credit?
The loan officer from UAMC says after 30 days the originating loan will show as paid - but its not. I have a feeling that it appears I'm holding almost 600K in home loans when I really only have about 292k.
Thanks,