Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Information

Supplemental Cash Flow Information

Note 23—Supplemental Cash Flow Information

	Year ended December 31,
	2019		2018		2017
		(in thousands)
Cash paid for interest	$	188,346	$	161,001	$	158,147
Cash paid (refunds received) for income taxes , net	$	32,457	$	(2,059)	$	(5,513)
Non-cash investing activity:
Mortgage servicing rights resulting from loan sales	$	884,876	$	591,757	$	581,101
Mortgage servicing liabilities resulting from loan sales	$	37,988	$	7,601	$	17,229
Unsettled portion of MSR acquisitions	$	—	$	10,139	$	5,319
Operating right-of-use assets recognized	$	83,248	$	—	$	—
Non-cash financing activity:
Issuance of Excess servicing spread payable to PennyMac Mortgage Investment Trust pursuant to a recapture agreement	$	1,757	$	2,688	$	5,244
Issuance of common stock and Class A common stock in settlement of director fees	$	233	$	330	$	338