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Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash loss:                      
Loans                 $ (190,853) $ (469,647) $ (174,669)
Hedging activities                 (175,305) 93,288 (16,866)
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale                 (366,158) (376,359) (191,535)
Non-cash gain:                      
Mortgage servicing rights and mortgage servicing liabilities resulting from loan sales                 846,888 584,156 563,872
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales                 (8,377) (5,824) (5,890)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate                 7,877 4,672 4,301
Change in fair value of loans and derivatives held at year end:                      
Interest rate lock commitments                 87,312 (8,934) (1,120)
Loans                 (42,878) (1,506) 4,576
Hedging derivatives                 17,499 (11,766) (4,389)
From non-affiliates                 542,163 184,439 369,815
Net gains on loans held for sale at fair value $ 257,487 $ 235,732 $ 147,533 $ 84,776 $ 59,748 $ 56,914 $ 60,946 $ 71,414 725,528 249,022 391,804
PMT                      
Change in fair value of loans and derivatives held at year end:                      
Recapture payable to PennyMac Mortgage Investment Trust                 $ 183,365 $ 64,583 $ 21,989