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Mortgage Servicing Rights and Mortgage Servicing Liabilities - Activity in MSRs at Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Activity in MSRs carried at fair value          
Exchange of mortgage servicing spread for interest-only stripped mortgage-backed securities       $ 121,520  
Change in fair value due to:          
Total change in fair value $ 392,174 $ 628,258 $ 1,070,300 758,158  
Mortgage servicing rights          
Activity in MSRs carried at fair value          
Balance at beginning of quarter 9,531,249 7,923,078 8,744,528 7,099,348  
MSRs resulting from loan sales 700,326 578,982 2,165,213 1,532,709  
Exchange of mortgage servicing spread for interest-only stripped mortgage-backed securities   (121,520)   (121,520)  
Sale of MSRs Non-affiliates 183,514   183,514    
Sale of MSRs to PennyMac Mortgage Investment Trust 1,895   1,895    
Additions 514,917 457,462 1,979,804 1,411,189  
Change in fair value due to:          
Changes in inputs used in valuation model (102,519) (402,376) (292,058) (132,984)  
Other changes in fair value (289,705) (225,872) (778,332) (625,261)  
Total change in fair value (392,224) (628,248) (1,070,390) (758,245)  
Balance at end of quarter 9,653,942 7,752,292 9,653,942 7,752,292  
Unpaid principal balance of underlying loans at end of quarter $ 470,281,735 $ 410,031,301 $ 470,281,735 $ 410,031,301  
Asset Pledged as Collateral without Right          
Change in fair value due to:          
Assets, Pledging Purpose [Extensible Enumeration] Notes Payable   Notes Payable   Notes Payable
Asset Pledged as Collateral without Right | Mortgage servicing rights          
Activity in MSRs carried at fair value          
Balance at beginning of quarter     $ 8,609,388    
Change in fair value due to:          
Balance at end of quarter $ 9,440,264   $ 9,440,264    
Assets, Pledging Purpose [Extensible Enumeration] Notes Payable   Notes Payable   Notes Payable