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Parent Company Information - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flow from operating activities                      
Net income $ 52,960 $ 56,152 $ 68,405 $ 66,926 $ 123,898 $ 82,492 $ 50,746 $ 54,386 $ 244,443 $ 311,522 $ 336,980
Decrease in deferred tax asset                     18,668
Increase in income taxes payable                 25,313 29,901 25,570
Net cash provided by (used in) operating activities                 572,396 (883,412) (938,325)
Cash flow from investing activities                      
Net cash used in investing activities                 (322,611) (339,231) (34,739)
Cash flow from financing activities                      
Payment of dividend to Class A common stockholders                     (7,631)
Repurchase of Class A common stock                 (5,293) (8,599)  
Proceeds from Class A common stock options exercised                 5,317 1,254 149
Net cash (used in) provided by financing activities                 (132,034) 1,161,174 967,156
Net change in cash and restricted cash                 117,751 (61,469) (5,908)
Cash and restricted cash at beginning of year       38,173       99,642 38,173 99,642 105,550
Cash and restricted cash at end of year $ 155,924       38,173       155,924 38,173 99,642
PENNYMAC FINANCIAL SERVICES, INC.                      
Cash flow from investing activities                      
Increase in investments in subsidiaries                 (77)    
Net cash used in investing activities                 (77)    
Cash flow from financing activities                      
Payment of dividend to Class A common stockholders                 (10,054)    
Repurchase of Class A common stock                 (1,554) (8,599)  
PENNYMAC FINANCIAL SERVICES, INC. | Parent Company                      
Cash flow from operating activities                      
Net income                 87,694 100,757 66,079
Equity in undistributed earnings of subsidiaries                 (98,569) (92,204) (105,164)
Repricing of payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement                   (32,940) (551)
Decrease in deferred tax asset                     18,668
Decrease (increase) in intercompany receivable                 (3,737) 5,646 (76)
Payments to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement                   (6,726)  
Increase in income taxes payable                 22,889 29,912 25,559
Net cash provided by (used in) operating activities                 8,277 4,445 4,515
Cash flow from financing activities                      
Proceeds from Class A common stock options exercised                 803 1,254 149
Net cash (used in) provided by financing activities                 (10,805) (7,345) 149
Net change in cash and restricted cash                 (2,605) (2,900) 4,664
Cash and restricted cash at beginning of year       $ 2,605       $ 5,505 $ 2,605 5,505 841
Cash and restricted cash at end of year         $ 2,605         $ 2,605 $ 5,505