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Transactions with Affiliates - Investing Activities (Details)
12 Months Ended
Dec. 19, 2016
USD ($)
item
Dec. 31, 2019
USD ($)
shares
Dec. 31, 2018
USD ($)
shares
Dec. 31, 2017
USD ($)
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   $ 107,512,000 $ 131,025,000  
Activity during the year:        
Interest income on receivable from PennyMac Mortgage Investment Trust   6,302,000 7,462,000 $ 8,038,000
Activity during the period:        
Dividends received from PennyMac Mortgage Investment Trust   141,000 140,000 141,000
Change in fair value of investment in Common shares of PennyMac Mortgage Investment Trust   275,000 192,000 (23,000)
Balance at end of period   416,000 332,000 118,000
Loans and Leases Receivable, Related Parties   107,512,000 131,025,000  
Fair value of PennyMac Mortgage Investment Trust shares   $ 1,672,000 $ 1,397,000  
Number of shares | shares   75,000 75,000  
PMT | PennyMac Holdings, L L C Repurchase Agreement        
Repurchase agreement with PennyMac Mortgage Investment Trust:        
Net repayments of assets purchased from PMT under agreement to resell   $ 23,513,000 $ 13,103,000 5,872,000
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors   107,512,000 131,025,000  
Activity during the year:        
Interest income on receivable from PennyMac Mortgage Investment Trust   6,302,000 7,462,000 $ 8,038,000
Activity during the period:        
Loans and Leases Receivable, Related Parties   $ 107,512,000 $ 131,025,000