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Borrowings - ESS (Details) - Excess servicing spread financing - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Roll forward of liabilities measured using Level 3 inputs on a recurring basis      
Balance at the beginning of the year $ 216,110 $ 236,534 $ 288,669
Issuances of excess servicing spread to PennyMac Mortgage Investment Trust:      
Accrual of interest 10,291 15,138 16,951
Repayment (40,316) (46,750) (54,980)
Change in fair value (9,256) 8,500 (19,350)
Balance at the end of the year 178,586 216,110 236,534
PMT      
Issuances of excess servicing spread to PennyMac Mortgage Investment Trust:      
Issuances 1,757 2,688 5,244
Change in fair value $ 9,256 $ (8,500) $ 19,350