XML 34 R49.htm IDEA: XBRL DOCUMENT v3.20.1
Transactions with Affiliates - Correspondent Production (Details) - USD ($)
$ in Thousands
3 Months Ended
Sep. 12, 2016
Mar. 31, 2020
Mar. 31, 2019
MBS Agreement      
Transactions with Affiliates      
The administrative fee plus accrued interest and sourcing fee percent 0.35%    
Fulfillment fee as a percent of UPB of all other mortgage loans, excluding Ginnie Mae mortgage loans 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      
Total of gain on sale of loans and MSR recapture   $ 77,916 $ 26,023
Sale of loans held for sale to PMT   2,246,127 884,510
Fulfillment fee revenue   41,940 27,574
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust   2,246,127 884,510
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   81,224 27,146
Mortgage servicing rights and excess servicing spread recapture incurred   (3,308) (1,123)
Total of gain on sale of loans and MSR recapture   77,916 26,023
Sale of loans held for sale to PMT   2,246,127 884,510
Tax service fee   3,980 2,243
Fulfillment fee revenue   41,940 27,574
Unpaid principal balance of loans fulfilled for PMT   16,152,543 8,135,552
Sourcing fees paid   4,161 1,994
Unpaid principal balance of loans purchased from PMT   13,870,280 6,647,338
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust   $ 2,246,127 $ 884,510