v3.26.1
Net Gains on Loans Held for Sale (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Non-cash gain:    
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales $ (4,468) $ (3,547)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 2,990 1,415
Changes in fair values of loans and derivatives held at end of quarter:    
Net gains on loans held for sale at fair value 344,985 221,037
Nonrelated Party    
Cash losses:    
Loans (528,351) (276,310)
Hedging activities 324,039 (310,699)
Cash gain (loss), net of effects of cash hedging, on sale of loans held for sale (204,312) (587,009)
Non-cash gain:    
Mortgage servicing rights resulting from loan sales 719,586 650,349
Provision for losses relating to representations and warranties on loans sold pursuant to loan sales (4,468) (3,547)
Provision for losses relating to representations and warranties on loans sold reduction in liability due to change in estimate 2,990 1,415
Changes in fair values of loans and derivatives held at end of quarter:    
Interest rate lock commitments (18,991) 76,377
Loans 65,000 (87,039)
Hedging derivatives (222,569) 165,653
Net gains on loans held for sale at fair value 337,236 216,199
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 7,749 4,838
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 $ 7,749 $ 4,838