"Effective July 21, 2011, the Real Estate Settlement Procedures Act (RESPA) will be administered and enforced by the Consumer Financial Protection Bureau (CFPB)"

Their is definitely going to be a ripple effect and many more than the 5K are going to be displaced at some point.

How will this effect your direct mail campaign?

The difference, of course, is that you'll need to become an effective marketer and that doesn't happen overnight.

For example I could purchase a policy today with an effective date of today, but there could be a "waiting period" of ten days for certain coverage like flood.

You need to talk to a lot of lenders, especially smaller banks and credit unions.However, the requirements for the loans, terms, the down payment and the effect on your credit probably isn't going to be dramatically different than getting individual loans for each property.  

does this even effect the investment group?

Do you think it's a more effective strategy than contacting the homeowners when the NOD is sent out?  

@Sean BrooksI stand by my original statement about it being easy to become a Realtor.I am not laying blame to the Realtor for not getting the deal done, I am laying blame for lack of education to the client.A GOOD Realtor educates their client, a Transactional Realtor takes listings.A GOOD Realtor is able to have effective communication with their client, a Transactional Realtor will talk on their clients behalf.A GOOD Realtor works with reputable brokers, a Transactional realtor goes to one of those 100% Agency's that have no contact with them.I think that Good Realtors will know Good Realtors, and investors and Good Realtors despise Transactional Realtors.Just my opinion.

For instance, in Maryland we have 3 more, (one becomes effective starting 10/1/14).