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Transactions with Affiliates - Correspondent Production (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Sep. 12, 2016
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
MBS Agreement                        
Transactions with Affiliates                        
The administrative fee plus accrued interest and sourcing fee percent 0.35%                      
Fulfillment fee as a percent of UPB for mortgage loans sold or delivered to Fannie Mae or Freddie Mac 0.50%                      
MSR Recapture Agreement                        
Transactions with Affiliates                        
Related party transaction, automatic renewal period 18 months                      
Lending activity between the entity and affiliate                        
Minimum percent of total UPB of loans originated from refinancing of loans which a related party previously held the MSR required to be transferred 30.00%                      
PMT                        
Lending activity between the entity and affiliate                        
Sale of loans held for sale to PMT                   $ 6,255,915 $ 3,343,028 $ 904,097
Fulfillment fee revenue   $ 58,297 $ 45,149 $ 29,590 $ 27,574 $ 28,591 $ 26,256 $ 14,559 $ 11,944 160,610 81,350 80,359
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust                   6,255,915 3,343,028 904,097
PMT | MBS Agreement | Minimum                        
Transactions with Affiliates                        
The administrative fee plus accrued interest and sourcing fee percent 0.02%                      
PMT | MBS Agreement | Maximum                        
Transactions with Affiliates                        
The administrative fee plus accrued interest and sourcing fee percent 0.035%                      
PMT | Loan Lending                        
Lending activity between the entity and affiliate                        
Net gain on loans held for sale to PMT                   190,416 69,359 28,238
Mortgage servicing rights and excess servicing spread recapture incurred                   (7,051) (4,776) (6,249)
Total of gain on sale of loans and MSR recapture                   183,365 64,583 21,989
Sale of loans held for sale to PMT                   6,255,915 3,343,028 904,097
Tax service fee                   14,695 7,433 7,078
Fulfillment fee revenue                   160,610 81,350 80,359
Unpaid principal balance of loans fulfilled for PMT                   56,033,704 26,194,303 22,971,119
Sourcing fees paid                   14,381 10,925 12,084
Unpaid principal balance of loans purchased from PMT                   47,937,306 36,415,933 40,561,241
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust                   $ 6,255,915 $ 3,343,028 $ 904,097