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Segments (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segments and Related Information      
Number of segments | segment 3    
Revenues:      
Net gains on loans held for sale at fair value $ 162,441 $ 104,385  
Loan origination fees 36,371 31,390  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,016 11,923  
Net loan servicing fees 100,954 148,837  
Net interest expense:      
Interest income 156,426 128,478  
Interest expense, before non-segment activities 165,769 131,771  
Net interest expense, before non-segment activities (9,343) (3,293)  
Management fees from PennyMac Mortgage Investment Trust 7,188 7,257  
Other 4,033 2,363  
Total net revenues, before non-segment activities 305,660 302,862  
Expenses 261,777 264,715  
Income before provision for income taxes 43,883 38,147  
Assets:      
Segment assets at year end 19,801,741   $ 18,844,563
Operating segment      
Assets:      
Segment assets at year end 19,801,741 20,103,185  
Operating segment | Investment management      
Net interest expense:      
Interest income 84    
Net interest expense, before non-segment activities 84    
Management fees from PennyMac Mortgage Investment Trust 7,188 7,257  
Other 2,119 2,012  
Total net revenues, before non-segment activities 9,391 9,269  
Expenses 6,336 8,929  
Income before provision for income taxes 3,055 340  
Assets:      
Segment assets at year end 14,684 25,300  
Operating segment | Mortgage banking      
Revenues:      
Net gains on loans held for sale at fair value 162,441 104,385  
Loan origination fees 36,371 31,390  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,016 11,923  
Net loan servicing fees 100,954 148,837  
Net interest expense:      
Interest income 156,342 128,478  
Interest expense, before non-segment activities 165,769 131,771  
Net interest expense, before non-segment activities (9,427) (3,293)  
Other 1,914 351  
Total net revenues, before non-segment activities 296,269 293,593  
Expenses 255,441 255,786  
Income before provision for income taxes 40,828 37,807  
Assets:      
Segment assets at year end 19,787,057 20,077,885  
Operating segment | Mortgage banking Production      
Revenues:      
Net gains on loans held for sale at fair value 141,431 74,726  
Loan origination fees 36,371 31,390  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,016 11,923  
Net interest expense:      
Interest income 63,931 56,993  
Interest expense, before non-segment activities 61,896 54,083  
Net interest expense, before non-segment activities 2,035 2,910  
Other 818 574  
Total net revenues, before non-segment activities 184,671 121,523  
Expenses 148,779 141,163  
Income before provision for income taxes 35,892 (19,640)  
Assets:      
Segment assets at year end 5,413,277 7,543,466  
Operating segment | Mortgage banking Servicing      
Revenues:      
Net gains on loans held for sale at fair value 21,010 29,659  
Net loan servicing fees 100,954 148,837  
Net interest expense:      
Interest income 92,411 71,485  
Interest expense, before non-segment activities 103,873 77,688  
Net interest expense, before non-segment activities (11,462) (6,203)  
Other 1,096 (223)  
Total net revenues, before non-segment activities 111,598 172,070  
Expenses 106,662 114,623  
Income before provision for income taxes 4,936 57,447  
Assets:      
Segment assets at year end $ 14,373,780 $ 12,534,419