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Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Non-cash gain:        
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales $ (2,182) $ (10,304) $ (6,236) $ (20,357)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 2,227 3,640 5,396 7,325
Change in fair value of loans and derivatives held at period end:        
Net gains on loans held for sale at fair value 222,567 582,648 521,026 1,336,989
PennyMac Mortgage Investment Trust        
Change in fair value of loans and derivatives held at period end:        
Net gains on loans held for sale at fair value (4,752) (11,548) (14,404) (25,796)
Non-affiliates        
Cash (losses) gains:        
Loans (451,171) 387,305 (1,395,392) 470,017
Hedging activities 82,617 (325,651) 972,704 410,574
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale (368,554) 61,654 (422,688) 880,591
Non-cash gain:        
Mortgage servicing rights and mortgage servicing liabilities resulting from loan sales 398,253 425,941 1,014,555 889,512
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (2,182) (10,304) (6,236) (20,357)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 2,227 3,640 5,396 7,325
Change in fair value of loans and derivatives held at period end:        
Interest rate lock commitments 27,251 5,670 (257,043) (333,416)
Loans (43,349) (50,322) 177,081 54,900
Hedging derivatives 213,673 157,917 24,365 (115,770)
Net gains on loans held for sale at fair value $ 227,319 $ 594,196 $ 535,430 $ 1,362,785