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Net Gains on Mortgage Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Cash (loss) gain:        
Mortgage Loans $ (107,414) $ (40,747) $ (399,457) $ (98,408)
Hedging activities (2,507) (14,592) 89,322 (8,168)
Cash gain (loss), net of effects of cash hedging, on sale of mortgage loans held for sale (109,921) (55,339) (310,135) (106,576)
Non-cash gain:        
Mortgage servicing rights and mortgage servicing liabilities resulting from mortgage loan sales, net 147,259 154,763 443,056 419,968
Provision for losses relating to representations and warranties on loans sold pursuant to mortgage loan sales (1,842) (1,596) (4,550) (4,294)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 1,155 1,194 3,627 3,086
Change in fair value relating to mortgage loans and hedging derivatives held at quarter end:        
Interest rate lock commitments (18,526) 8,226 (21,109) (5,008)
Mortgage loans 6,897 3,376 21,407 (2,554)
Hedging derivatives 13,327 (12,389) 11,100 (19,023)
From non-affiliates 38,349 98,235 143,396 285,599
Recapture payable to PennyMac Mortgage Investment Trust 18,565 9,901 45,878 7,584
Net gains on mortgage loans held for sale at fair value $ 56,914 $ 108,136 $ 189,274 $ 293,183