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Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Cash losses:        
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale $ (382,148) $ (251,245) $ (862,389) $ (830,968)
Non-cash gain:        
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (4,070) (4,011) (12,151) (8,885)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 3,481 2,552 10,877 6,005
Changes in fair values of loans and derivatives held at end of quarter:        
Net gains on loans held for sale at fair value 256,819 151,374 595,324 397,178
Nonrelated Party        
Cash losses:        
Loans (108,058) (471,830) (831,070) (1,136,101)
Hedging activities (274,090) 220,585 (31,319) 305,133
Non-cash gain:        
Mortgage servicing rights resulting from loan sales 578,982 450,936 1,532,709 1,299,992
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (4,070) (4,011) (12,151) (8,885)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 3,481 2,552 10,877 6,005
Changes in fair values of loans and derivatives held at end of quarter:        
Interest rate lock commitments 49,862 (9,862) 29,021 (5,069)
Loans (48,504) 22,083 (23,554) 24,762
Hedging derivatives 56,710 (58,579) (80,869) (87,165)
Net gains on loans held for sale at fair value 254,313 151,874 593,644 398,672
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 2,506 (500) 1,680 (1,494)
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 $ 256,819 $ 151,374 $ 595,324 $ 397,178