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Transactions with Affiliates - Investing Activities (Details)
12 Months Ended
Dec. 19, 2016
USD ($)
item
Dec. 31, 2018
USD ($)
shares
Dec. 31, 2017
USD ($)
shares
Dec. 31, 2016
USD ($)
PennyMac Holdings, L L C Repurchase Agreement        
Transactions with Affiliates        
Number of subsidiaries entered into master repurchase agreement | item 1      
Maximum principal balance of VFN $ 1,000,000,000      
PMT        
Transactions with Affiliates        
Common shares of beneficial interest owned | shares   75,000    
Repurchase agreement with PennyMac Mortgage Investment Trust:        
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors   $ 131,025,000 $ 144,128,000  
Activity during the year:        
Interest income on receivable from PennyMac Mortgage Investment Trust   7,462,000 8,038,000 $ 7,830,000
Activity during the period:        
Dividends received from PennyMac Mortgage Investment Trust   140,000 141,000 141,000
Change in fair value of investment in Common shares of PennyMac Mortgage Investment Trust   192,000 (23,000) 83,000
Balance at end of period   332,000 118,000 224,000
Fair value of PennyMac Mortgage Investment Trust shares   $ 1,397,000 $ 1,205,000  
Number of shares | shares   75,000 75,000  
PMT | PennyMac Holdings, L L C Repurchase Agreement        
Repurchase agreement with PennyMac Mortgage Investment Trust:        
Refinancing from PennyMac Mortgage Investment Trust       150,000,000
Sale of assets purchased from PMT under agreement to resell   $ 13,103,000 $ 5,872,000  
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors   131,025,000 144,128,000 150,000,000
Activity during the year:        
Interest income on receivable from PennyMac Mortgage Investment Trust   $ 7,462,000 $ 8,038,000 253,000
PMT | Notes Receivable [Member]        
Activity during the year:        
Refinancing with repurchase agreement from PennyMac Mortgage Investment Trust       150,000,000
Interest income on receivable from PennyMac Mortgage Investment Trust       $ 7,577,000