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Loans Acquired for Sale at Fair Value - Summary of Distribution of Company's Loans Acquired for Sale at Fair Value (Detail) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value $ 1,665,796 $ 669,018
Loans pledged to secure total 1,649,411 659,751
Loans acquired for sale at fair value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans pledged to secure Assets sold under agreements to repurchase 1,619,233 659,751
PennyMac Loan Services, LLC [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value 114,723 168,303
Mortgage Loans Acquired for Sale [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans pledged to secure Mortgage loan participation purchase and sale agreements 30,178 0
Held for Sale to Nonaffiliates-GSE Eligible [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value 1,486,193 491,108
Held for sale to PLS - GSE Eligible [Member] | PennyMac Loan Services, LLC [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value [1] 1,434 62,234
Held for Sale to PLS - Government-Insured or Guaranteed [Member] | PennyMac Loan Services, LLC [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value 113,289 106,069
Jumbo [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value 58,811 3,289
Home Equity Lines of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value 1,445 1,803
Repurchased Pursuant to Representations and Warranties [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans acquired for sale at fair value $ 4,624 $ 4,515
[1] GSE eligibility refers to the eligibility of loans for sale to Fannie Mae or Freddie Mac. The Company sells or finances a portion of
its GSE eligible loan production to other investors, including PLS.