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Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Non-cash gain:        
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales $ (4,129) $ (3,139) $ (8,081) $ (4,874)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 4,076 2,008 7,396 3,453
Changes in fair values of loans and derivatives held at end of quarter:        
Net gains on loans held for sale at fair value 176,064 141,419 338,505 245,804
Nonrelated Party        
Cash losses:        
Loans (413,822) (608,885) (723,012) (664,271)
Hedging activities 92,552 300,686 242,771 84,548
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale (321,270) (308,199) (480,241) (579,723)
Non-cash gain:        
Mortgage servicing rights and mortgage servicing liabilities resulting from loan sales 541,207 562,523 953,727 849,056
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (4,129) (3,139) (8,081) (4,874)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 4,076 2,008 7,396 3,453
Changes in fair values of loans and derivatives held at end of quarter:        
Interest rate lock commitments (1,055) (28,209) (20,841) 4,793
Loans (2,695) 66,870 24,950 2,679
Hedging derivatives (39,597) (149,926) (137,579) (28,586)
Net gains on loans held for sale at fair value 176,537 141,928 339,331 246,798
Related Party        
Changes in fair values of loans and derivatives held at end of quarter:        
Net gains on loans held for sale at fair value (473) (509) (826) (994)
Related Party | PennyMac Mortgage Investment Trust        
Changes in fair values of loans and derivatives held at end of quarter:        
Net gains on loans held for sale at fair value $ (473) $ (509) $ (826) $ (994)