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Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
segment
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segments and Related Information          
Number of segments | segment     3    
Revenues:          
Net gains on loans held for sale at fair value $ 256,819 $ 151,374 $ 595,324 $ 397,178  
Loan origination fees 49,430 37,701 127,876 108,059  
Fulfillment fees from PennyMac Mortgage Investment Trust 11,492 5,531 19,935 22,895  
Net loan servicing fees 75,830 185,374 344,388 480,289  
Net interest income (expense):          
Interest income 225,470 166,552 582,707 467,982  
Interest expense 217,597 156,863 591,237 467,276  
Net interest expense, before non-segment activities 7,873 9,689 (8,530) 706  
Management fees from PennyMac Mortgage Investment Trust 7,153 7,175 21,474 21,510  
Other 3,237 3,464 23,154 9,080  
Total net revenues 411,834 400,308 1,123,621 1,039,717  
Expenses 317,909 273,511 851,959 801,856  
Income before provision for income taxes 93,925 126,797 271,662 237,861  
Assets:          
Segment assets at year end 22,871,538 18,949,314 22,871,538 18,949,314 $ 18,844,563
Operating segment          
Assets:          
Segment assets at year end 22,871,538 18,949,314 22,871,538 18,949,314  
Operating segment | Investment management          
Net interest income (expense):          
Interest income 99   262    
Net interest expense, before non-segment activities 99   262    
Management fees from PennyMac Mortgage Investment Trust 7,153 7,175 21,474 21,510  
Other 2,100 1,604 6,344 6,037  
Total net revenues 9,352 8,779 28,080 27,547  
Expenses 8,658 8,379 20,296 24,849  
Income before provision for income taxes 694 400 7,784 2,698  
Assets:          
Segment assets at year end 14,469 22,350 14,469 22,350  
Operating segment | Mortgage banking          
Revenues:          
Net gains on loans held for sale at fair value 256,819 151,374 595,324 397,178  
Loan origination fees 49,430 37,701 127,876 108,059  
Fulfillment fees from PennyMac Mortgage Investment Trust 11,492 5,531 19,935 22,895  
Net loan servicing fees 75,830 185,374 344,388 480,289  
Net interest income (expense):          
Interest income 225,371 166,552 582,445 467,982  
Interest expense 217,597 156,863 591,237 467,276  
Net interest expense, before non-segment activities 7,774 9,689 (8,792) 706  
Other 1,137 1,860 16,810 3,043  
Total net revenues 402,482 391,529 1,095,541 1,012,170  
Expenses 309,251 265,132 831,663 777,007  
Income before provision for income taxes 93,231 126,397 263,878 235,163  
Assets:          
Segment assets at year end 22,857,069 18,926,964 22,857,069 18,926,964  
Operating segment | Mortgage banking Production          
Revenues:          
Net gains on loans held for sale at fair value 235,902 127,821 531,650 328,796  
Loan origination fees 49,430 37,701 127,876 108,059  
Fulfillment fees from PennyMac Mortgage Investment Trust 11,492 5,531 19,935 22,895  
Net interest income (expense):          
Interest income 79,386 62,150 227,930 194,566  
Interest expense 81,496 59,614 226,768 189,691  
Net interest expense, before non-segment activities (2,110) 2,536 1,162 4,875  
Other 625 823 1,952 1,925  
Total net revenues 295,339 174,412 682,575 466,550  
Expenses 187,486 149,219 497,551 436,582  
Income before provision for income taxes 107,853 25,193 185,024 29,968  
Assets:          
Segment assets at year end 6,846,311 5,485,039 6,846,311 5,485,039  
Operating segment | Mortgage banking Servicing          
Revenues:          
Net gains on loans held for sale at fair value 20,917 23,553 63,674 68,382  
Net loan servicing fees 75,830 185,374 344,388 480,289  
Net interest income (expense):          
Interest income 145,985 104,402 354,515 273,416  
Interest expense 136,101 97,249 364,469 277,585  
Net interest expense, before non-segment activities 9,884 7,153 (9,954) (4,169)  
Other 512 1,037 14,858 1,118  
Total net revenues 107,143 217,117 412,966 545,620  
Expenses 121,765 115,913 334,112 340,425  
Income before provision for income taxes (14,622) 101,204 78,854 205,195  
Assets:          
Segment assets at year end $ 16,010,758 $ 13,441,925 $ 16,010,758 $ 13,441,925