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Segments (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segments and Related Information          
Number of segments | segment     3    
Revenues:          
Net gains on loans held for sale at fair value $ 176,064 $ 141,419 $ 338,505 $ 245,804  
Loan origination fees 42,075 38,968 78,446 70,358  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,427 5,441 8,443 17,364  
Net loan servicing fees 167,604 146,078 268,558 294,915  
Net interest expense:          
Interest income 200,811 172,952 357,237 301,430  
Interest expense, before non-segment activities 207,871 178,642 373,640 310,413  
Net interest expense, before non-segment activities (7,060) (5,690) (16,403) (8,983)  
Management fees from PennyMac Mortgage Investment Trust 7,133 7,078 14,321 14,335  
Other 15,884 3,253 19,917 5,616  
Total net revenues, before non-segment activities 406,127 336,547 711,787 639,409  
Expenses 272,273 263,630 534,050 528,345  
Income before provision for income taxes 133,854 72,917 177,737 111,064  
Assets:          
Segment assets at year end 21,577,565 17,984,468 21,577,565 17,984,468 $ 18,844,563
Operating segment          
Assets:          
Segment assets at year end 21,577,565 17,984,468 21,577,565 17,984,468  
Operating segment | Investment management          
Net interest expense:          
Interest income 79   163    
Net interest expense, before non-segment activities 79   163    
Management fees from PennyMac Mortgage Investment Trust 7,133 7,078 14,321 14,335  
Other 2,125 2,421 4,244 4,433  
Total net revenues, before non-segment activities 9,337 9,499 18,728 18,768  
Expenses 5,302 7,541 11,638 16,470  
Income before provision for income taxes 4,035 1,958 7,090 2,298  
Assets:          
Segment assets at year end 13,320 23,182 13,320 23,182  
Operating segment | Mortgage banking          
Revenues:          
Net gains on loans held for sale at fair value 176,064 141,419 338,505 245,804  
Loan origination fees 42,075 38,968 78,446 70,358  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,427 5,441 8,443 17,364  
Net loan servicing fees 167,604 146,078 268,558 294,915  
Net interest expense:          
Interest income 200,732 172,952 357,074 301,430  
Interest expense, before non-segment activities 207,871 178,642 373,640 310,413  
Net interest expense, before non-segment activities (7,139) (5,690) (16,566) (8,983)  
Other 13,759 832 15,673 1,183  
Total net revenues, before non-segment activities 396,790 327,048 693,059 620,641  
Expenses 266,971 256,089 522,412 511,875  
Income before provision for income taxes 129,819 70,959 170,647 108,766  
Assets:          
Segment assets at year end 21,564,245 17,961,286 21,564,245 17,961,286  
Operating segment | Mortgage banking Production          
Revenues:          
Net gains on loans held for sale at fair value 154,317 126,249 295,748 200,975  
Loan origination fees 42,075 38,968 78,446 70,358  
Fulfillment fees from PennyMac Mortgage Investment Trust 4,427 5,441 8,443 17,364  
Net interest expense:          
Interest income 84,613 75,423 148,544 132,416  
Interest expense, before non-segment activities 83,376 75,994 145,272 130,077  
Net interest expense, before non-segment activities 1,237 (571) 3,272 2,339  
Other 509 528 1,327 1,102  
Total net revenues, before non-segment activities 202,565 170,615 387,236 292,138  
Expenses 161,286 146,200 310,065 287,363  
Income before provision for income taxes 41,279 24,415 77,171 4,775  
Assets:          
Segment assets at year end 6,477,599 4,976,152 6,477,599 4,976,152  
Operating segment | Mortgage banking Servicing          
Revenues:          
Net gains on loans held for sale at fair value 21,747 15,170 42,757 44,829  
Net loan servicing fees 167,604 146,078 268,558 294,915  
Net interest expense:          
Interest income 116,119 97,529 208,530 169,014  
Interest expense, before non-segment activities 124,495 102,648 228,368 180,336  
Net interest expense, before non-segment activities (8,376) (5,119) (19,838) (11,322)  
Other 13,250 304 14,346 81  
Total net revenues, before non-segment activities 194,225 156,433 305,823 328,503  
Expenses 105,685 109,889 212,347 224,512  
Income before provision for income taxes 88,540 46,544 93,476 103,991  
Assets:          
Segment assets at year end $ 15,086,646 $ 12,985,134 $ 15,086,646 $ 12,985,134