v3.26.1
Related Party Transactions - Correspondent Production (Details) - USD ($)
3 Months Ended 6 Months Ended
Jan. 01, 2025
Jul. 01, 2020
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2024
Lending activity between the entity and affiliate              
Fulfillment fee revenue     $ 5,023,000 $ 5,814,000 $ 10,760,000 $ 11,104,000  
Ginnie Mae Mortgage Backed Securities Guide Loan              
Transactions with Affiliates              
Threshold limit of loan commitment             $ 16,500
Threshold limit of loan             16,500
Maximum Multiplier factor for each pull through adjusted loan commitment             585
Multiplying factor for each pull through adjusted loan commitment in excess of threshold limit per period             355
Multiplying factor for number of purchased loans             500
Multiplying factor for number of purchased loans in excess of threshold limit per period             195
Other mortgage loans              
Transactions with Affiliates              
Multiplying factor for number of purchased loans             $ 315
MSR Recapture Agreement              
Transactions with Affiliates              
Related party transaction, automatic renewal period         18 months    
Mortgage loan servicing fee per loan (in dollars) $ 900            
MSR Recapture Agreement | Minimum              
Transactions with Affiliates              
Target recapture rate 30.00%            
MSR Recapture Agreement | First 30%              
Transactions with Affiliates              
Percentage of fair market value. 70.00%            
Percentage of recapture rate. 30.00%            
MSR Recapture Agreement | In excess of 30% and upto 50%              
Transactions with Affiliates              
Percentage of fair market value. 50.00%            
MSR Recapture Agreement | In excess of 30% and upto 50% | Minimum              
Transactions with Affiliates              
Percentage of recapture rate. 30.00%            
MSR Recapture Agreement | In excess of 30% and upto 50% | Maximum              
Transactions with Affiliates              
Percentage of recapture rate. 50.00%            
MSR Recapture Agreement | In excess of 50%              
Transactions with Affiliates              
Percentage of fair market value. 40.00%            
Percentage of recapture rate. 50.00%            
Related Party | Mortgage Lending | PennyMac Mortgage Investment Trust              
Lending activity between the entity and affiliate              
Net gains on loans sold to PMT (primarily cash)     18,954,000 8,549,000 $ 32,510,000 14,595,000  
Mortgage servicing rights recapture incurred     (4,857,000) (1,474,000) (10,664,000) (2,682,000)  
Total of gain on sale of loans and MSR recapture     14,097,000 7,075,000 21,846,000 11,913,000  
Sale of loans held for sale to PMT     4,998,391,000 1,034,884,000 9,378,680,000 1,689,692,000  
UPB of loans recaptured     481,158,000 183,051,000 1,032,156,000 342,523,000  
Tax service fees earned from PMT included in Loan origination fees       502,000   979,000  
Fulfillment fee revenue     5,023,000 5,814,000 10,760,000 11,104,000  
Unpaid principal balance of loans fulfilled for PMT subject to fulfillment fees     $ 2,564,511,000 3,085,840,000 $ 5,361,055,000 5,867,562,000  
Sourcing fees included in cost of loans purchased from PMT       2,658,000   4,673,000  
Government guaranteed or insured       12,966,563,000   24,158,443,000  
Conventional conforming       13,520,693,000   22,481,489,000  
Unpaid principal balance of loans purchased from PMT       $ 26,487,256,000   $ 46,639,932,000  
PLS | Minimum              
Transactions with Affiliates              
Sourcing fees (as a percent)   0.01%          
PLS | Maximum              
Transactions with Affiliates              
Sourcing fees (as a percent)   0.02%