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Net Gains on Loans Acquired for Sale - Summary of Net Gains on Mortgage Loans Acquired for Sale (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Non-cash gains:        
Receipt of MSRs in mortgage loan sale transactions     $ (159,456) $ (249,925)
Provision for losses relating to representations and warranties provided in loan sales:        
Pursuant to loans sales $ (459) $ (448) (917) (2,126)
Changes in fair value of loans and derivatives        
Net gains on loans acquired for sale 20,059 13,558 46,737 24,477
PennyMac Financial Services, Inc. [Member]        
Changes in fair value of loans and derivatives        
Net gains on loans acquired for sale 1,994 1,854 5,649 5,014
Nonaffiliates [Member]        
Cash losses:        
Sales of loans (23,594) (71,105) (94,999) (260,697)
Hedging activities (72,868) (30,155) (116,797) (52,822)
Cash gain, net of effects of cash hedging, on sale of mortgage loans acquired for sale (96,462) (101,260) (211,796) (313,519)
Non-cash gains:        
Receipt of MSRs in mortgage loan sale transactions 87,588 58,560 159,456 249,925
Provision for losses relating to representations and warranties provided in loan sales:        
Pursuant to loans sales (459) (448) (917) (2,126)
Reduction of liability due to change in estimate 5,180 4,365 18,598 7,920
Provision for losses relating to representations and warranties 4,721 3,917 17,681 5,794
Changes in fair value of loans and derivatives        
Interest rate lock commitments 4,349 (2,050) (1,631) (2,870)
Loans (9,528) (1,710) (3,721) 4,569
Hedging derivatives 27,397 54,247 81,099 75,564
Total non cash portion of gain on mortgage loans acquired for sale 22,218 50,487 75,747 77,263
Net cash of gain on mortgage loans acquired for sale 114,527 112,964 252,884 332,982
Net gains on loans acquired for sale $ 18,065 $ 11,704 $ 41,088 $ 19,463