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Net Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Interest income $ 49,864 $ 80,797 $ 103,746 $ 162,878
Interest expense:        
Obligations under capital lease 5 48 20 107
Interest expense 71,127 102,431 148,434 210,144
Net interest expense (21,263) (21,634) (44,688) (47,266)
PennyMac Mortgage Investment Trust        
Interest income:        
Interest income       387
Interest expense:        
Interest expense       1,280
Non-affiliates        
Interest income:        
Cash and short-term investments 405 747 977 1,734
Loans held for sale at fair value 36,777 76,453 85,890 151,277
Placement fees relating to custodial funds 12,682 3,597 16,879 9,480
Interest income 49,864 80,797 103,746 162,491
Interest expense:        
Assets sold under agreements to repurchase 18,949 44,623 42,719 96,802
Mortgage loan participation purchase and sale agreements 1,377 1,039 2,497 2,134
Obligations under capital lease 5 48 20 107
Notes payable 13,656 10,104 23,565 19,992
Unsecured senior notes 23,688 16,169 47,116 28,839
Interest shortfall on repayments of mortgage loans serviced for Agency securitizations 12,286 29,144 29,765 58,580
Interest on mortgage loan impound deposits 1,166 1,304 2,752 2,410
Interest expense 71,127 102,431 148,434 208,864
Loan Repo Facility        
Interest expense:        
Assets sold under agreements to repurchase $ 18,949 $ 44,623 $ 42,719 $ 96,802