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Transactions with Affiliates - Correspondent Production (Details) - USD ($)
3 Months Ended 6 Months Ended
Jul. 01, 2020
Jun. 30, 2020
Sep. 12, 2016
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Lending activity between the entity and affiliate              
Fulfillment fee revenue           $ 94,755,000 $ 57,164,000
Ginnie Mae Mortgage Backed Securities Guide Loan              
Transactions with Affiliates              
Threshold limit of loan commitment $ 16,500            
Maximum Multiplier factor for each pull through adjusted loan commitment 585            
Multiplying factor for each pull through adjusted loan commitment in excess of threshold limit per quarter 315            
Multiplying factor for number of purchased loans 355            
Multiplying factor for number of purchased loans in excess of threshold limit per quarter $ 195            
Ginnie Mae Mortgage Backed Securities Guide Loan | Minimum              
Transactions with Affiliates              
Pull through factor as a percentage 80.00%            
Ginnie Mae Mortgage Backed Securities Guide Loan | Maximum              
Transactions with Affiliates              
Pull through factor as a percentage 99.00%            
Other mortgage loans              
Transactions with Affiliates              
Multiplying factor for number of purchased loans $ 750            
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              
Target recapture rate 15.00%            
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%        
Related party transaction, renewal period   5 years          
MSR Recapture Agreement | First 15%              
Transactions with Affiliates              
Percentage of fair market value. 40.00%            
Percentage of recapture rate. 15.00%            
MSR Recapture Agreement | In excess of 15% and upto 30%              
Transactions with Affiliates              
Percentage of fair market value. 35.00%            
MSR Recapture Agreement | In excess of 30%              
Transactions with Affiliates              
Percentage of fair market value. 30.00%            
Percentage of recapture rate. 30.00%            
MSR Recapture Agreement | Minimum | In excess of 15% and upto 30%              
Transactions with Affiliates              
Percentage of recapture rate. 15.00%            
MSR Recapture Agreement | Maximum | In excess of 15% and upto 30%              
Transactions with Affiliates              
Percentage of recapture rate. 30.00%            
PMT              
Lending activity between the entity and affiliate              
Total of gain on sale of loans and MSR recapture       $ (5,592,000) $ 36,311,000 72,324,000 62,334,000
Sale of loans held for sale to PMT           2,248,869,000 2,218,721,000
Fulfillment fee revenue       52,815,000 29,590,000 94,755,000 57,164,000
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust           2,248,869,000 2,218,721,000
PMT | MBS Agreement              
Lending activity between the entity and affiliate              
Related party transaction, renewal period   5 years          
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       70,000 37,719,000 81,294,000 64,865,000
Mortgage servicing rights and excess servicing spread recapture incurred       (5,662,000) (1,408,000) (8,970,000) (2,531,000)
Total of gain on sale of loans and MSR recapture       (5,592,000) 36,311,000 72,324,000 62,334,000
Sale of loans held for sale to PMT       2,742,000 1,334,211,000 2,248,869,000 2,218,721,000
Tax service fee       4,288,000 3,102,000 8,268,000 5,345,000
Fulfillment fee revenue       52,815,000 29,590,000 94,755,000 57,164,000
Unpaid principal balance of loans fulfilled for PMT       18,899,695,000 10,741,078,000 35,052,238,000 18,876,630,000
Sourcing fees paid       3,324,000 3,155,000 7,485,000 5,149,000
Unpaid principal balance of loans purchased from PMT       11,080,565,000 10,514,390,000 24,950,845,000 17,161,728,000
Proceeds from sale of mortgage loans held for sale to PennyMac Mortgage Investment Trust       $ 2,742,000 $ 1,334,211,000 $ 2,248,869,000 $ 2,218,721,000
PLS | Minimum              
Transactions with Affiliates              
Sourcing fees (as a percent) 0.01%            
PLS | Maximum              
Transactions with Affiliates              
Sourcing fees (as a percent) 0.02%            
PLS | Ginnie Mae Mortgage Backed Securities Guide Loan              
Transactions with Affiliates              
Fulfilment fee payable $ 0