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

3 Months Ended

Mar. 31, 2025

Transactions with Affiliates

Summary of lending activity between the Company and affiliate

	Quarter ended March 31,
	2025		2024
	(in thousands)
Net gains (losses) on loans held for sale at fair value:
Net gains on loans sold and forward sale to PMT (primarily cash)	$	6,046	$	—
Mortgage servicing rights recapture incurred		(1,208)		(353)
	$	4,838	$	(353)
Sale of loans held for sale to PMT	$	654,808	$	—
UPB of loans recaptured	$	159,472	$	62,073
Tax service fees earned from PMT included in Loan origination fees	$	477	$	359
Fulfillment fee revenue	$	5,290	$	4,016
Unpaid principal balance of loans fulfilled for PMT subject to fulfillment fees	$	2,781,722	$	1,771,681
Sourcing fees included in cost of loans purchased from PMT	$	2,015	$	1,605
Unpaid principal balance of loans purchased from PMT:
Government guaranteed or insured	$	11,191,880	$	7,856,925
Conventional conforming		8,960,796		8,189,930
	$	20,152,676	$	16,046,855

Summary of loan servicing fees earned from PMT

	Quarter ended March 31,
	2025		2024
	(in thousands)
Servicing fees	$	21,729	$	20,262

Summary of management fees earned

	Quarter ended March 31,
	2025		2024
	(in thousands)
Base management fees	$	7,012	$	7,188
Performance incentive fees		—		—
	$	7,012	$	7,188
Average PMT's shareholders' equity used to calculate base management and incentive fees	$	1,895,785	$	1,927,401

Summary of reimbursement of expenses

	Quarter ended March 31,
	2025		2024
	(in thousands)
Reimbursement of:
Expenses incurred on PMT's behalf, net	$	4,601	$	6,414
Common overhead incurred by the Company		981		1,944
Compensation		1,629		165
	$	7,211	$	8,523
Payments and settlements during the quarter (1)	$	28,048	$	30,085

(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,
	2025		2024
	(in thousands)
Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust	$	185	$	10

	March 31,		December 31,
	2025		2024
	(in thousands)
Common shares of beneficial interest of PennyMac Mortgage Investment Trust:
Fair value	$	1,099	$	944
Number of shares		75		75

Summary of amounts due from and payable to affiliate

	March 31,		December 31,
	2025		2024
	(in thousands)
Receivable from PMT:
Correspondent production fees	$	9,097	$	11,122
Servicing fees		7,266		6,822
Management fees		7,012		7,149
Allocated expenses and expenses incurred on PMT's behalf		5,823		3,508
Fulfillment fees		—		1,605
	$	29,198	$	30,206
Payable to PMT:
Amounts advanced by PMT to fund its servicing advances	$	86,020	$	106,302
Other		15,155		16,015
	$	101,175	$	122,317