For those who are wondering why the appeals court is taking their time, let's run through some statistics:
62% of cases are disposed of with in 6 months.Realize these are last year's statistics, but will probably hold. What complicates this case are the issues involved. A 'constitutional' issue, a somewhat obtuse decision, and statutes that support neither.
25% in 6-12
13% in 12-24
0% longer than 24.
So while we're spinning our wheels, they are turning and just need a little traction. What might render the case moot is if it outlasts Essent, and it would seem that that might be the case. Some in corporate are wondering if it will last a year.