Segments - Financial Highlights by Segment (Detail) - USD ($) $ in Thousands |
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
Dec. 31, 2025 |
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
$ 241,879
|
$ 15,429
|
$ 365,506
|
$ 12,166
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
(166,947)
|
37,572
|
(199,928)
|
116,991
|
|
| Loans held for investment |
(5,320)
|
12,773
|
3,277
|
10,897
|
|
| Credit risk transfer arrangements |
10,002
|
13,742
|
33,624
|
32,192
|
|
| Net (losses) gains on investments and financings |
(162,265)
|
64,087
|
(163,027)
|
160,080
|
|
| Net gains on loans held for sale |
5,196
|
14,857
|
43,398
|
45,007
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
314,402
|
230,088
|
894,743
|
602,660
|
|
| Interest expense |
364,290
|
228,394
|
955,385
|
615,680
|
|
| Net interest (expense) income |
(49,888)
|
1,694
|
(60,642)
|
(13,020)
|
|
| Other |
1,322
|
3,165
|
5,872
|
9,665
|
|
| Net investment income |
36,244
|
99,232
|
191,107
|
213,898
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
12,503
|
8,608
|
37,631
|
23,952
|
|
| Compensation |
2,628
|
2,817
|
8,994
|
8,623
|
|
| Loan collection and liquidation |
2,622
|
1,503
|
6,426
|
5,857
|
|
| Safekeeping |
921
|
1,194
|
2,707
|
3,532
|
|
| Loan origination |
0
|
794
|
227
|
2,146
|
|
| Other |
3,594
|
3,232
|
13,736
|
9,638
|
|
| Total expenses |
52,685
|
52,234
|
163,833
|
156,193
|
|
| (Loss) income before provision for (benefit from) income taxes |
(16,441)
|
46,998
|
27,274
|
57,705
|
|
| Total assets at end of quarter |
26,853,863
|
18,525,671
|
26,853,863
|
18,525,671
|
$ 21,346,882
|
| PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Net gains on loans held for sale |
0
|
531
|
0
|
5,204
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
20,449
|
21,012
|
59,812
|
64,386
|
|
| Management fees |
6,762
|
6,912
|
20,334
|
20,793
|
|
| Loan fulfillment fees |
3,206
|
6,162
|
13,966
|
17,266
|
|
| Reportable Segment [Member] |
|
|
|
|
|
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
241,879
|
15,429
|
365,506
|
12,166
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
(166,947)
|
37,572
|
(199,928)
|
116,991
|
|
| Loans held for investment |
(5,320)
|
12,773
|
3,277
|
10,897
|
|
| Credit risk transfer arrangements |
10,002
|
13,742
|
33,624
|
32,192
|
|
| Net (losses) gains on investments and financings |
(162,265)
|
64,087
|
(163,027)
|
160,080
|
|
| Net gains on loans held for sale |
5,196
|
14,857
|
43,398
|
45,007
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
312,474
|
227,793
|
887,585
|
594,786
|
|
| Interest expense |
362,962
|
227,035
|
950,088
|
611,717
|
|
| Net interest (expense) income |
(50,488)
|
758
|
(62,503)
|
(16,931)
|
|
| Other |
1,322
|
3,165
|
5,872
|
9,665
|
|
| Net investment income |
35,644
|
98,296
|
189,246
|
209,987
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
10,783
|
6,589
|
30,876
|
17,850
|
|
| Compensation |
0
|
0
|
0
|
0
|
|
| Loan collection and liquidation |
2,622
|
1,503
|
6,426
|
5,857
|
|
| Safekeeping |
921
|
1,194
|
2,707
|
3,532
|
|
| Loan origination |
0
|
794
|
227
|
2,146
|
|
| Other |
1,353
|
698
|
6,686
|
2,175
|
|
| Total expenses |
39,334
|
37,952
|
120,700
|
113,212
|
|
| (Loss) income before provision for (benefit from) income taxes |
(3,690)
|
60,344
|
68,546
|
96,775
|
|
| Total assets at end of quarter |
26,532,183
|
18,081,086
|
26,532,183
|
18,081,086
|
|
| Reportable Segment [Member] | PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
20,449
|
21,012
|
59,812
|
64,386
|
|
| Management fees |
0
|
0
|
0
|
0
|
|
| Loan fulfillment fees |
3,206
|
6,162
|
13,966
|
17,266
|
|
| Corporate [Member] |
|
|
|
|
|
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
0
|
0
|
0
|
0
|
|
| Loans held for investment |
0
|
0
|
0
|
0
|
|
| Credit risk transfer arrangements |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
0
|
0
|
0
|
0
|
|
| Net gains on loans held for sale |
0
|
0
|
0
|
0
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
1,928
|
2,295
|
7,158
|
7,874
|
|
| Interest expense |
1,328
|
1,359
|
5,297
|
3,963
|
|
| Net interest (expense) income |
600
|
936
|
1,861
|
3,911
|
|
| Other |
0
|
0
|
0
|
0
|
|
| Net investment income |
600
|
936
|
1,861
|
3,911
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
1,720
|
2,019
|
6,755
|
6,102
|
|
| Compensation |
2,628
|
2,817
|
8,994
|
8,623
|
|
| Loan collection and liquidation |
0
|
0
|
0
|
0
|
|
| Safekeeping |
0
|
0
|
0
|
0
|
|
| Loan origination |
0
|
0
|
0
|
0
|
|
| Other |
2,241
|
2,534
|
7,050
|
7,463
|
|
| Total expenses |
13,351
|
14,282
|
43,133
|
42,981
|
|
| (Loss) income before provision for (benefit from) income taxes |
(12,751)
|
(13,346)
|
(41,272)
|
(39,070)
|
|
| Total assets at end of quarter |
321,680
|
444,585
|
321,680
|
444,585
|
|
| Corporate [Member] | PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
0
|
0
|
0
|
0
|
|
| Management fees |
6,762
|
6,912
|
20,334
|
20,793
|
|
| Loan fulfillment fees |
0
|
0
|
0
|
0
|
|
| Credit Sensitive Strategies [Member] | Reportable Segment [Member] |
|
|
|
|
|
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
(67)
|
(817)
|
(75)
|
(1,321)
|
|
| Loans held for investment |
(54,345)
|
4,655
|
(51,944)
|
6,465
|
|
| Credit risk transfer arrangements |
10,002
|
13,742
|
33,624
|
32,192
|
|
| Net (losses) gains on investments and financings |
(44,410)
|
17,580
|
(18,395)
|
37,336
|
|
| Net gains on loans held for sale |
0
|
0
|
0
|
0
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
23,689
|
20,912
|
64,465
|
61,432
|
|
| Interest expense |
20,933
|
19,615
|
59,746
|
56,557
|
|
| Net interest (expense) income |
2,756
|
1,297
|
4,719
|
4,875
|
|
| Other |
(52)
|
(28)
|
(161)
|
(169)
|
|
| Net investment income |
(41,706)
|
18,849
|
(13,837)
|
42,042
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
0
|
0
|
0
|
0
|
|
| Compensation |
0
|
0
|
0
|
0
|
|
| Loan collection and liquidation |
6
|
9
|
25
|
72
|
|
| Safekeeping |
0
|
0
|
0
|
0
|
|
| Loan origination |
0
|
0
|
0
|
0
|
|
| Other |
57
|
85
|
197
|
267
|
|
| Total expenses |
64
|
95
|
225
|
344
|
|
| (Loss) income before provision for (benefit from) income taxes |
(41,770)
|
18,754
|
(14,062)
|
41,698
|
|
| Total assets at end of quarter |
1,870,296
|
1,442,766
|
1,870,296
|
1,442,766
|
|
| Credit Sensitive Strategies [Member] | Reportable Segment [Member] | PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
1
|
1
|
3
|
5
|
|
| Management fees |
0
|
0
|
0
|
0
|
|
| Loan fulfillment fees |
0
|
0
|
0
|
0
|
|
| Interest Rate Sensitive Strategies [Member] | Reportable Segment [Member] |
|
|
|
|
|
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
241,879
|
15,429
|
365,506
|
12,166
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
(166,880)
|
38,389
|
(199,853)
|
118,312
|
|
| Loans held for investment |
49,025
|
8,118
|
55,221
|
4,432
|
|
| Credit risk transfer arrangements |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
(117,855)
|
46,507
|
(144,632)
|
122,744
|
|
| Net gains on loans held for sale |
0
|
0
|
0
|
0
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
241,987
|
173,810
|
693,310
|
431,199
|
|
| Interest expense |
304,760
|
179,206
|
789,058
|
469,151
|
|
| Net interest (expense) income |
(62,773)
|
(5,396)
|
(95,748)
|
(37,952)
|
|
| Other |
0
|
0
|
0
|
0
|
|
| Net investment income |
61,251
|
56,540
|
125,126
|
96,958
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
0
|
0
|
0
|
0
|
|
| Compensation |
0
|
0
|
0
|
0
|
|
| Loan collection and liquidation |
2,616
|
1,494
|
6,401
|
5,785
|
|
| Safekeeping |
914
|
1,112
|
2,607
|
3,290
|
|
| Loan origination |
0
|
0
|
0
|
0
|
|
| Other |
1,263
|
577
|
3,318
|
1,520
|
|
| Total expenses |
25,241
|
24,194
|
72,135
|
74,976
|
|
| (Loss) income before provision for (benefit from) income taxes |
36,010
|
32,346
|
52,991
|
21,982
|
|
| Total assets at end of quarter |
21,681,759
|
14,161,304
|
21,681,759
|
14,161,304
|
|
| Interest Rate Sensitive Strategies [Member] | Reportable Segment [Member] | PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
20,448
|
21,011
|
59,809
|
64,381
|
|
| Management fees |
0
|
0
|
0
|
0
|
|
| Loan fulfillment fees |
0
|
0
|
0
|
0
|
|
| Aggregation and Securitization [Member] | Reportable Segment [Member] |
|
|
|
|
|
| Net investment income: |
|
|
|
|
|
| Net loan servicing fees |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
|
|
|
|
|
| Mortgage-backed securities |
0
|
0
|
0
|
0
|
|
| Loans held for investment |
0
|
0
|
0
|
0
|
|
| Credit risk transfer arrangements |
0
|
0
|
0
|
0
|
|
| Net (losses) gains on investments and financings |
0
|
0
|
0
|
0
|
|
| Net gains on loans held for sale |
5,196
|
14,857
|
43,398
|
45,007
|
|
| Net interest (expense) income: |
|
|
|
|
|
| Interest income |
46,798
|
33,071
|
129,810
|
102,155
|
|
| Interest expense |
37,269
|
28,214
|
101,284
|
86,009
|
|
| Net interest (expense) income |
9,529
|
4,857
|
28,526
|
16,146
|
|
| Other |
1,374
|
3,193
|
6,033
|
9,834
|
|
| Net investment income |
16,099
|
22,907
|
77,957
|
70,987
|
|
| Expenses: |
|
|
|
|
|
| Professional services |
10,783
|
6,589
|
30,876
|
17,850
|
|
| Compensation |
0
|
0
|
0
|
0
|
|
| Loan collection and liquidation |
0
|
0
|
0
|
0
|
|
| Safekeeping |
7
|
82
|
100
|
242
|
|
| Loan origination |
0
|
794
|
227
|
2,146
|
|
| Other |
33
|
36
|
3,171
|
388
|
|
| Total expenses |
14,029
|
13,663
|
48,340
|
37,892
|
|
| (Loss) income before provision for (benefit from) income taxes |
2,070
|
9,244
|
29,617
|
33,095
|
|
| Total assets at end of quarter |
2,980,128
|
2,477,016
|
2,980,128
|
2,477,016
|
|
| Aggregation and Securitization [Member] | Reportable Segment [Member] | PennyMac Financial Services, Inc. [Member] |
|
|
|
|
|
| Expenses: |
|
|
|
|
|
| Loan servicing fees |
0
|
0
|
0
|
0
|
|
| Management fees |
0
|
0
|
0
|
0
|
|
| Loan fulfillment fees |
$ 3,206
|
$ 6,162
|
$ 13,966
|
$ 17,266
|
|