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Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Non-cash gain:        
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales $ (1,651) $ (6,561) $ (7,887) $ (26,918)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 1,769 4,355 7,165 11,680
Change in fair value of loans and derivatives held at period end:        
Net gains on loans held for sale at fair value 168,694 626,754 689,720 1,963,743
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 (1,648) (12,976) (16,052) (38,772)
Non-affiliates        
Cash (losses) gains:        
Loans (587,659) 135,841 (1,983,051) 605,858
Hedging activities 570,864 (9,788) 1,543,568 400,786
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale (16,795) 126,053 (439,483) 1,006,644
Non-cash gain:        
Mortgage servicing rights and mortgage servicing liabilities resulting from loan sales 345,077 398,665 1,359,632 1,288,177
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (1,651) (6,561) (7,887) (26,918)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 1,769 4,355 7,165 11,680
Change in fair value of loans and derivatives held at period end:        
Interest rate lock commitments (121,353) 17,313 (378,396) (316,103)
Loans 170,887 109,411 347,968 164,311
Hedging derivatives (207,592) (9,506) (183,227) (125,276)
Net gains on loans held for sale at fair value $ 170,342 $ 639,730 $ 705,772 $ 2,002,515