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Short-Term Borrowings - Assets Sold Under Agreement to Repurchase (Details) - USD ($)
3 Months Ended 6 Months Ended
Apr. 28, 2021
Dec. 19, 2016
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Apr. 01, 2020
During the period:                
Total interest expense     $ 44,623,000 $ 17,487,000 $ 96,802,000 $ 43,171,000    
Carrying value:                
Unpaid principal balance     8,262,251,000   8,262,251,000      
Unamortized debt issuance costs and premiums     (7,708,000)   (7,708,000)   $ (9,198,000)  
Total loans sold under agreements to repurchase     8,254,543,000   8,254,543,000   9,654,797,000  
PennyMac Holdings, L L C Repurchase Agreement                
Carrying value:                
Related Party Transaction, Maximum Principal Balance of Variable Funding Note   $ 1,000,000,000            
Fannie Mae Repurchase Agreement                
Carrying value:                
Related Party Transaction, Maximum Principal Balance of Variable Funding Note $ 1,000,000,000              
FMSR VFN Repurchase Agreement                
Carrying value:                
Related Party Transaction, Maximum Principal Balance of Variable Funding Note $ 250,000,000              
Note Payable                
During the period:                
Average balance of assets sold under agreements to repurchase     1,300,000,000 1,300,000,000 1,300,000,000 1,300,000,000    
Carrying value:                
Amortization of debt issuance costs     634,000 451,000 1,200,000 896,000    
Assets sold under agreements to repurchase                
During the period:                
Average balance of assets sold under agreements to repurchase     $ 7,571,340,000 $ 2,529,217,000 $ 7,999,580,000 $ 2,833,444,000    
Weighted-average interest rate (as a percent)     2.07% 2.32% 2.13% 2.74%    
Total interest expense     $ 44,623,000 $ 17,487,000 $ 96,802,000 $ 43,171,000    
Maximum daily amount outstanding     10,856,677,000 3,769,495,000 10,856,677,000 3,769,495,000    
Carrying value:                
Unpaid principal balance     8,262,251,000   8,262,251,000   9,663,995,000  
Unamortized debt issuance costs     (7,708,000)   (7,708,000)   (9,198,000)  
Total loans sold under agreements to repurchase     $ 8,254,543,000   $ 8,254,543,000   $ 9,654,797,000  
Weighted average interest rate (as a percent)     1.86%   1.86%   1.90%  
Available borrowing capacity committed     $ 666,772,000   $ 666,772,000   $ 372,803,000  
Available borrowing capacity uncommitted     6,695,976,000   6,695,976,000   2,163,202,000  
Available borrowing capacity     7,362,748,000   7,362,748,000   2,536,005,000  
Margin deposits placed with counterparties     10,875,000   10,875,000   5,625,000  
Amortization of debt issuance costs     5,300,000 $ 2,800,000 11,800,000 $ 4,400,000    
Assets sold under agreements to repurchase | Loans held for sale                
Carrying value:                
Fair value of assets pledged to secure     9,917,262,000   9,917,262,000   10,912,178,000  
Assets sold under agreements to repurchase | Mortgage servicing rights                
Carrying value:                
Fair value of assets pledged to secure     3,209,383,000   3,209,383,000   2,490,267,000  
Assets sold under agreements to repurchase | Servicing advances                
Carrying value:                
Fair value of assets pledged to secure     311,896,000   311,896,000   413,484,000  
Assets sold under agreements to repurchase | Financing receivable                
Carrying value:                
Fair value of assets pledged to secure             80,862,000  
Assets sold under agreements to repurchase | Deposits                
Carrying value:                
Fair value of assets pledged to secure     $ 49,934,000   $ 49,934,000   $ 153,054,000  
PLS | Credit Suisse First Boston Mortgage Capital LLC | Note Payable                
Mortgage loans sold under agreement to repurchase                
Maximum loan amount               $ 600,000,000