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Fair Value (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Fair value    
Interest rate threshold used in determination of accounting for loans underlying mortgage servicing rights (as a percent) 4.50%  
Assets:    
Short-term investments at fair value $ 127,487 $ 53,164
Mortgage loans held for sale at fair value 530,248 448,384
Mortgage servicing rights at fair value 26,768 19,798
Derivative assets:    
Total derivative assets before netting 43,448 28,381
Netting (19,382) (1,091)
Total derivative assets 24,066 27,290
Derivative liabilities:    
Total derivative liabilities before netting 48,443 2,294
Netting (42,667) (1,785)
Total derivative liabilities 5,776 509
PMT
   
Assets:    
Investment in PMT 1,701 1,897
Recurring basis | Level 1
   
Assets:    
Short-term investments at fair value 127,487 53,164
Derivative assets:    
Total assets 129,188 55,061
Recurring basis | Level 1 | PMT
   
Assets:    
Investment in PMT 1,701 1,897
Recurring basis | Level 2
   
Assets:    
Mortgage loans held for sale at fair value 526,063 448,384
Derivative assets:    
Total derivative assets before netting 21,731 4,430
Total derivative assets 21,731 4,430
Total assets 547,794 452,814
Derivative liabilities:    
Total derivative liabilities before netting 48,284 2,283
Total derivative liabilities 48,284 2,283
Total liabilities 48,284  
Recurring basis | Level 2 | Forward contracts | Purchases
   
Derivative assets:    
Total derivative assets before netting 21,226 1,645
Derivative liabilities:    
Total derivative liabilities before netting 215 389
Recurring basis | Level 2 | Forward contracts | Sales
   
Derivative assets:    
Total derivative assets before netting 505 1,818
Derivative liabilities:    
Total derivative liabilities before netting 48,069 1,894
Recurring basis | Level 2 | MBS put options
   
Derivative assets:    
Total derivative assets before netting   967
Recurring basis | Level 3
   
Assets:    
Mortgage loans held for sale at fair value 4,185  
Mortgage servicing rights at fair value 26,768 19,798
Derivative assets:    
Total derivative assets before netting 21,717 23,951
Total derivative assets 21,717 23,951
Total assets 52,670 43,749
Derivative liabilities:    
Excess servicing spread financing at fair value 2,857  
Total derivative liabilities before netting 159 11
Total derivative liabilities 159 11
Total liabilities 3,016  
Recurring basis | Level 3 | Interest rate lock commitments
   
Derivative assets:    
Total derivative assets before netting 21,717 23,951
Derivative liabilities:    
Total derivative liabilities before netting 159 11
Recurring basis | Total
   
Assets:    
Short-term investments at fair value 127,487 53,164
Mortgage loans held for sale at fair value 530,248 448,384
Mortgage servicing rights at fair value 26,768 19,798
Derivative assets:    
Total derivative assets before netting 43,448 28,381
Netting (19,382) (1,091)
Total derivative assets 24,066 27,290
Total assets 710,270 550,533
Derivative liabilities:    
Excess servicing spread financing at fair value 2,857  
Total derivative liabilities before netting 48,443 2,294
Netting (42,667) (1,785)
Total derivative liabilities 5,776 509
Total liabilities 8,633  
Recurring basis | Total | PMT
   
Assets:    
Investment in PMT 1,701 1,897
Recurring basis | Total | Interest rate lock commitments
   
Derivative assets:    
Total derivative assets before netting 21,717 23,951
Derivative liabilities:    
Total derivative liabilities before netting 159 11
Recurring basis | Total | Forward contracts | Purchases
   
Derivative assets:    
Total derivative assets before netting 21,226 1,645
Derivative liabilities:    
Total derivative liabilities before netting 215 389
Recurring basis | Total | Forward contracts | Sales
   
Derivative assets:    
Total derivative assets before netting 505 1,818
Derivative liabilities:    
Total derivative liabilities before netting 48,069 1,894
Recurring basis | Total | MBS put options
   
Derivative assets:    
Total derivative assets before netting   $ 967