Related Party Transactions (Tables) - Related Party - PennyMac Mortgage Investment Trust

3 Months Ended

Mar. 31, 2024

Transactions with Affiliates

Summary of lending activity between the Company and affiliate

	Quarter ended March 31,
	2024		2023
	(in thousands)
Mortgage servicing rights recapture incurred included in Net gains on loans held for sale at fair value	$	(353)	$	(485)
Tax service fees earned from PMT included in Loan origination fees	$	359	$	1,410
Fulfillment fee revenue	$	4,016	$	11,923
Unpaid principal balance of loans fulfilled for PMT subject to fulfillment fees	$	1,771,681	$	6,628,810
Sourcing fees included in cost of loans purchased from PMT	$	1,605	$	1,328
Unpaid principal balance of loans purchased from PMT:
Government guaranteed or insured	$	7,856,925	$	9,213,712
Conventional conforming		8,189,930		4,062,874
	$	16,046,855	$	13,276,586

Summary of loan servicing fees earned from PMT

	Quarter ended March 31,
Loan type serviced	2024		2023
	(in thousands)
Prime servicing	$	20,200	$	20,329
Special servicing		62		120
	$	20,262	$	20,449

Summary of management fees earned

	Quarter ended March 31,
	2024		2023
	(in thousands)
Base management	$	7,188	$	7,257
Performance incentive		—		—
	$	7,188	$	7,257

Summary of reimbursement of expenses

	Quarter ended March 31,
	2024		2023
	(in thousands)
Reimbursement of:
Expenses incurred on PMT's behalf, net	$	6,414	$	5,661
Common overhead incurred by the Company		1,944		1,821
Compensation		165		165
	$	8,523	$	7,647
Payments and settlements during the quarter (1)	$	30,085	$	32,384

(1) Payments and settlements include payments for the operating, investing and financing activities itemized in this Note.

Summary of investing activity between the Company and affiliate

	Quarter ended March 31,
	2024		2023
	(in thousands)
Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust	$	10	$	26

	March 31,		December 31,
	2024		2023
	(in thousands)
Common shares of beneficial interest of PennyMac Mortgage Investment Trust:
Fair value	$	1,101	$	1,121
Number of shares		75		75

Summary of amounts due from and payable to affiliate

	March 31,		December 31,
	2024		2023
	(in thousands)
Receivable from PMT:
Allocated expenses and expenses incurred on PMT's behalf	$	8,194	$	5,612
Correspondent production fees		7,368		8,288
Management fees		7,188		7,252
Servicing fees		6,730		6,809
Fulfillment fees		1,355		1,301
	$	30,835	$	29,262
Payable to PMT:
Amounts advanced by PMT to fund its servicing advances	$	127,992	$	208,154
Other		1		56
	$	127,993	$	208,210