$PMT
PennyMac Mortgage Investment Trust Stock $pmt

$pmt Overview Financials Valuation SEC Filings Company Website

2012 Q4 Form 10-Q Financial Statement

#000119312512462500 Filed on November 09, 2012

Income Statement

Concept	2012 Q4	2012 Q3	2011 Q3
Revenue	$114.9M	$90.91M	$9.839M
YoY Change	193.95%	824.02%	155.82%
Cost Of Revenue	$51.70M	$33.80M	$10.30M
YoY Change	310.32%	228.16%	836.36%
Gross Profit	$73.20M	$65.40M	$31.70M
YoY Change	176.23%	106.31%	173.28%
Gross Profit Margin	63.69%	71.94%	322.19%
Selling, General & Admin	$4.800M	$3.700M	$5.500M
YoY Change	54.84%	-32.73%	129.17%
% of Gross Profit	6.56%	5.66%	17.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$7.900M	$31.95M	$17.11M
YoY Change	51.92%	86.74%	274.66%
Operating Profit	$65.30M	$33.46M	$14.59M
YoY Change	206.57%	129.25%	107.46%
Interest Expense		$8.282M	$5.225M
YoY Change		58.51%	1981.67%
% of Operating Profit		24.76%	35.8%
Other Income/Expense, Net		$2.725M	$1.274M
YoY Change		113.89%	28.43%
Pretax Income	$65.30M	$58.97M	$24.88M
YoY Change	206.57%	137.03%	207.52%
Income Tax	$16.10M	$18.59M	$4.350M
% Of Pretax Income	24.66%	31.52%	17.49%
Net Earnings	$49.24M	$40.38M	$20.53M
YoY Change	150.59%	96.73%	166.6%
Net Earnings / Revenue	42.84%	44.42%	208.64%
Basic Earnings Per Share	$0.83	$0.81	$0.76
Diluted Earnings Per Share	$0.83	$0.81	$0.76
COMMON SHARES
Basic Shares Outstanding	58.90M shares	49.08M shares	27.85M shares
Diluted Shares Outstanding		49.46M shares	28.14M shares

Balance Sheet

Concept	2012 Q4	2012 Q3	2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.00M	$68.00M	$12.00M
YoY Change	126.67%	466.67%	-52.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$3.000M	$3.000M	$2.000M
Other Receivables	$66.00M	$32.00M	$24.00M
Total Short-Term Assets	$103.0M	$103.0M	$38.00M
YoY Change	232.26%	171.05%	-17.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$40.00M	$2.041B	$1.027B
YoY Change	-96.71%	98.73%	168.85%
Other Assets
YoY Change
Total Long-Term Assets	$2.457B	$2.226B	$1.117B
YoY Change	81.3%	99.17%	173.9%
TOTAL ASSETS
Total Short-Term Assets	$103.0M	$103.0M	$38.00M
Total Long-Term Assets	$2.457B	$2.226B	$1.117B
Total Assets	$2.560B	$2.329B	$1.155B
YoY Change	84.67%	101.54%	154.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.00M	$10.00M	$13.00M
YoY Change	0.0%	-23.08%	160.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$1.256B	$1.041B	$439.0M
YoY Change	99.05%	137.13%	278.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.340B	$1.080B	$448.0M
YoY Change	106.47%	141.07%	264.23%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%
Other Long-Term Liabilities	$5.000M	$39.00M	$164.0M
YoY Change	-96.73%	-76.22%
Total Long-Term Liabilities	$5.000M	$39.00M	$164.0M
YoY Change	-97.25%	-76.22%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.340B	$1.080B	$448.0M
Total Long-Term Liabilities	$5.000M	$39.00M	$164.0M
Total Liabilities	$1.358B	$1.145B	$624.8M
YoY Change	61.7%	83.17%	391.99%
SHAREHOLDERS EQUITY
Retained Earnings	$70.89M	$55.23M
YoY Change	158.14%
Common Stock	$1.130B	$1.129B
YoY Change	118.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.201B	$1.184B	$530.7M
YoY Change
Total Liabilities & Shareholders Equity	$2.560B	$2.329B	$1.155B
YoY Change	84.67%	101.54%	154.51%

Cashflow Statement

Concept	2012 Q4	2012 Q3	2011 Q3
OPERATING ACTIVITIES
Net Income	$49.24M	$40.38M	$20.53M
YoY Change	150.59%	96.73%	166.6%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$158.2M	-$394.6M	-$39.20M
YoY Change	-22.15%	906.63%	172.22%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$56.90M	$80.90M	-$6.800M
YoY Change	-746.59%	-1289.71%	-89.03%
Cash From Investing Activities	-$56.90M	$80.90M	-$6.800M
YoY Change	-746.59%	-1289.71%	-89.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$357.2M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	181.1M	353.6M	55.50M
YoY Change	-8.12%	537.12%	-29.66%
NET CHANGE
Cash From Operating Activities	-158.2M	-394.6M	-39.20M
Cash From Investing Activities	-56.90M	80.90M	-6.800M
Cash From Financing Activities	181.1M	353.6M	55.50M
Net Change In Cash	-34.00M	39.90M	9.500M
YoY Change	-1359.26%	320.0%	280.0%
FREE CASH FLOW
Cash From Operating Activities	-$158.2M	-$394.6M	-$39.20M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	58904431	shares
CY2011Q2	us-gaap	Management Fee Payable ManagementFeePayable	1913000
CY2011Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	606320	shares
CY2011Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	739820000
CY2011Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	11.91
CY2011Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	48872000
CY2011Q2	pmt	Mortgage Servicing Rights At Fair Value MortgageServicingRightsAtFairValue	180000
CY2011Q2	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	11000
CY2011Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	9798000
CY2011Q3	us-gaap	Management Fee Payable ManagementFeePayable	2183000
CY2011Q3	us-gaap	Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure	69500000
CY2011Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	62843000
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	509309	shares
CY2011Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	956619000
CY2011Q3	us-gaap	Cash Cash	11975000
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	12.40
CY2011Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	109000
CY2011Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	69906000
CY2011Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	104000
CY2011Q3	us-gaap	Stockholders Equity StockholdersEquity	530663000
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	36191000
CY2011Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value NotePayableSecuredByMortgageLoansAtFairValue
CY2011Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Unused Borrowing Capacity Amount NotePayableSecuredByMortgageLoansAtFairValueUnusedBorrowingCapacityAmount	40000000
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	48535000
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Fair Value MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseFairValue	40496000
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Unused Borrowing Capacity Amount MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseUnusedBorrowingCapacityAmount	38809000
CY2011Q3	pmt	Mortgage Servicing Rights At Fair Value MortgageServicingRightsAtFairValue	532000
CY2011Q3	pmt	Servicing Asset At Lower Of Amortized Cost Or Fair Value ServicingAssetAtLowerOfAmortizedCostOrFairValue	104000
CY2011Q3	pmt	Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement RealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	-4000
CY2011Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	32000
CY2012Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	797000
CY2012Q2	us-gaap	Management Fee Payable ManagementFeePayable	2515000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	751489	shares
CY2012Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	1054215000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	14.96
CY2012Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	89121000
CY2012Q2	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	33171000
CY2012Q2	pmt	Mortgage Servicing Rights At Fair Value MortgageServicingRightsAtFairValue	1285000
CY2011Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28138000	shares
CY2012Q2	pmt	Mortgage Servicing Rights Valuation Allowance For Impairment MortgageServicingRightsValuationAllowanceForImpairment	1624000
CY2012Q2	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	1249000
CY2012Q3	us-gaap	Other Assets OtherAssets	98763000
CY2012Q3	us-gaap	Due From Affiliates DueFromAffiliates	2004000
CY2012Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2012Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	23604000
CY2012Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	847575000
CY2012Q3	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	-22631000
CY2012Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	55227000
CY2012Q3	us-gaap	Assets Assets	2328725000
CY2012Q3	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	111934000
CY2012Q3	us-gaap	Management Fee Payable ManagementFeePayable	3672000
CY2012Q3	us-gaap	Minimum Net Worth Required For Compliance MinimumNetWorthRequiredForCompliance	2500000
CY2012Q3	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	9812000
CY2012Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	6823000
CY2012Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	63852000
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	4014000	shares
CY2012Q3	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	976559000
CY2012Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2328725000
CY2012Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	58903681	shares
CY2012Q3	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-806483000
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	665642	shares
CY2012Q3	us-gaap	Deferred Tax Liabilities Mortgage Servicing Rights DeferredTaxLiabilitiesMortgageServicingRights	27387000
CY2012Q3	us-gaap	Common Stock Value CommonStockValue	589000
CY2012Q3	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.57
CY2012Q3	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	4756000
CY2012Q3	us-gaap	Derivative Asset Notional Amount DerivativeAssetNotionalAmount	2736367000
CY2012Q3	us-gaap	Margin Deposit Assets MarginDepositAssets	16300000
CY2012Q3	us-gaap	Liabilities Liabilities	1144522000
CY2012Q3	us-gaap	Derivative Assets DerivativeAssets	40938000
CY2012Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	1131524000
CY2012Q3	us-gaap	Cash Cash	67813000
CY2012Q3	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	1000000
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	15.92
CY2012Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	63678000
CY2012Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	86180000
CY2012Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	58903681	shares
CY2012Q3	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	27387000
CY2012Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1089966000
CY2012Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	68137000
CY2012Q3	us-gaap	Interest Receivable InterestReceivable	2932000
CY2012Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1128387000
CY2012Q3	us-gaap	Stockholders Equity StockholdersEquity	1184203000
CY2012Q3	pmt	Dividend Declared Payable Effective Date Date Month And Year DividendDeclaredPayableEffectiveDateDateMonthAndYear	November 30, 2012
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements Remaining Term MortgageLoansAcquiredForSaleSoldUnderAgreementsRemainingTerm	P7M24D
CY2012Q3	pmt	Correspondent Lending Outstanding Contractual Loan Commitments CorrespondentLendingOutstandingContractualLoanCommitments	2211367000
CY2012Q3	pmt	Contingent Offering Costs Payable ContingentOfferingCostsPayable	2941000
CY2012Q3	pmt	Contingent Underwriting Fees Payable ContingentUnderwritingFeesPayable	5883000
CY2012Q3	pmt	Amounts Due From Affiliates AmountsDueFromAffiliates	2000000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	755471000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements Deposit MortgageLoansAcquiredForSaleSoldUnderAgreementsDeposit	6300000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale At Fair Value Sold Under Agreements To Repurchase MortgageLoansAcquiredForSaleAtFairValueSoldUnderAgreementsToRepurchase	755471000
CY2012Q3	pmt	Mortgage Backed Securities Investment MortgageBackedSecuritiesInvestment
CY2012Q3	pmt	Loans Under Forward Purchase Agreement Pledged To Secure Forward Purchase Agreements LoansUnderForwardPurchaseAgreementPledgedToSecureForwardPurchaseAgreements
CY2012Q3	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	799501000
CY2012Q3	pmt	Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings	10119000
CY2012Q3	pmt	Fair Value Option Loans Held As Assets Aggregate Fair Value FairValueOptionLoansHeldAsAssetsAggregateFairValue	1937541000
CY2012Q3	pmt	Deferred Tax Assets Real Estate Valuation Loss DeferredTaxAssetsRealEstateValuationLoss	3756000
CY2012Q3	pmt	Deferred Tax Liabilities Real Estate Valuation Gain DeferredTaxLiabilitiesRealEstateValuationGain
CY2012Q3	pmt	Deposit With Counterparty DepositWithCounterparty	237000
CY2012Q3	pmt	Short Term Investment Fair Value ShortTermInvestmentFairValue	38322000
CY2012Q3	pmt	Stock Pledged To Secure Financing Of Real Estate StockPledgedToSecureFinancingOfRealEstate	23060000
CY2012Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement UnpaidBalanceMortgageLoansSoldWithContinuingInvolvement	6064614000
CY2012Q3	pmt	Other Real Estate Financed Under Agreements To Repurchase OtherRealEstateFinancedUnderAgreementsToRepurchase	10119000
CY2012Q3	pmt	Other Mortgage Loans Outstanding Contractual Loan Commitments OtherMortgageLoansOutstandingContractualLoanCommitments
CY2012Q3	pmt	Other Expenses Payable OtherExpensesPayable	3199000
CY2012Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value NotePayableSecuredByMortgageLoansAtFairValue
CY2012Q3	pmt	Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans Less Than Ninety Days MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoansLessThanNinetyDays	2744024000
CY2012Q3	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	1944523000
CY2012Q3	pmt	Mortgage Loans On Real Estate Fair Value Disclosure MortgageLoansOnRealEstateFairValueDisclosure	1089966000
CY2012Q3	pmt	Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	755502000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Fair Value MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseFairValue	846856000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Unused Borrowing Capacity Amount MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseUnusedBorrowingCapacityAmount	244529000
CY2012Q3	pmt	Mortgage Loans At Fair Value Sold Under Agreements To Repurchase MortgageLoansAtFairValueSoldUnderAgreementsToRepurchase	274185000
CY2012Q3	pmt	Mortgage Servicing Rights At Lower Of Amortized Cost Or Fair Value MortgageServicingRightsAtLowerOfAmortizedCostOrFairValue	63441000
CY2012Q3	pmt	Mortgage Servicing Rights At Fair Value MortgageServicingRightsAtFairValue	1522000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense After Year Five MortgageServicingRightsAmortizationExpenseAfterYearFive	34844000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense Year Five MortgageServicingRightsAmortizationExpenseYearFive	5312000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense Year Four MortgageServicingRightsAmortizationExpenseYearFour	5824000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense Year One MortgageServicingRightsAmortizationExpenseYearOne	8360000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense Year Three MortgageServicingRightsAmortizationExpenseYearThree	6466000
CY2012Q3	pmt	Mortgage Servicing Rights Amortization Expense Year Two MortgageServicingRightsAmortizationExpenseYearTwo	7331000
CY2012Q3	pmt	Mortgage Servicing Rights Valuation Allowance For Impairment MortgageServicingRightsValuationAllowanceForImpairment	4505000
CY2012Q3	pmt	Servicing Asset At Fair Value ServicingAssetAtFairValue	1522000
CY2012Q3	pmt	Servicing Asset At Lower Of Amortized Cost Or Fair Value ServicingAssetAtLowerOfAmortizedCostOrFairValue	63632000
CY2012Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	2378000
CY2012Q3	pmt	Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase RealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	11715000
CY2012Q3	pmt	Principal And Interest Collections Receivable PrincipalAndInterestCollectionsReceivable	30016000
CY2012Q3	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2012Q3	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2012Q3	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Under Forward Purchase With Loan To Value Over One Hundred Percent PercentageOfEstimatedFairValueOfMortgageLoansUnderForwardPurchaseWithLoanToValueOverOneHundredPercent	0.00	pure
CY2012Q3	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.69	pure
CY2012Q3	pmt	Percentage Of Mortgage Loan Forward Purchase Agreement Originated PercentageOfMortgageLoanForwardPurchaseAgreementOriginated	0.00	pure
CY2012Q3	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.83	pure
CY2012Q3	pmt	Percentage Of Mortgage Loan Portfolio Originated In Domestic Real Estate PercentageOfMortgageLoanPortfolioOriginatedInDomesticRealEstate	0.20	pure
CY2012Q3	pmt	Percentage Of Mortgage Loan Under Forward Purchase PercentageOfMortgageLoanUnderForwardPurchase	0.00	pure
CY2012Q3	pmt	Number Of Common Shares Held By Affiliate NumberOfCommonSharesHeldByAffiliate	75000	shares
CY2012Q3	pmt	States Contributing Five Percentage Of Mortgage Loans StatesContributingFivePercentageOfMortgageLoans	New York Florida Illinois New Jersey
CY2012Q3	pmt	Real Estate Acquired Through Foreclosure Remeasured During The Period RealEstateAcquiredThroughForeclosureRemeasuredDuringThePeriod	48493000
CY2010Q4	us-gaap	Management Fee Payable ManagementFeePayable	1228000
CY2010Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	272984	shares
CY2010Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	484122000
CY2010Q4	us-gaap	Cash Cash	45447000
CY2010Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	6.18
CY2010Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	29685000
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	319913000
CY2011Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	22979000
CY2011Q4	us-gaap	Other Assets OtherAssets	34760000
CY2011Q4	us-gaap	Due From Affiliates DueFromAffiliates	347000
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2011Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	441000
CY2011Q4	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	232016000
CY2011Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	437000
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	27461000
CY2011Q4	us-gaap	Assets Assets	1386062000
CY2011Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	52192000
CY2011Q4	us-gaap	Management Fee Payable ManagementFeePayable	1095000
CY2011Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	12166000
CY2011Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9198000
CY2011Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	115493000
CY2011Q4	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	656409000
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1386062000
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28404554	shares
CY2011Q4	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-694634000
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	491809	shares
CY2011Q4	us-gaap	Deferred Tax Liabilities Mortgage Servicing Rights DeferredTaxLiabilitiesMortgageServicingRights	2536000
CY2011Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	72813000
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	284000
CY2011Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	2973000
CY2011Q4	us-gaap	Derivative Asset Notional Amount DerivativeAssetNotionalAmount	596487000
CY2011Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	1500000
CY2011Q4	pmt	Percentage Of Mortgage Loan Portfolio Originated In Domestic Real Estate PercentageOfMortgageLoanPortfolioOriginatedInDomesticRealEstate	0.24	pure
CY2011Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	87000
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	12.57
CY2011Q4	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	50000000
CY2011Q4	us-gaap	Liabilities Liabilities	840045000
CY2011Q4	us-gaap	Derivative Assets DerivativeAssets	5855000
CY2011Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	904910000
CY2011Q4	us-gaap	Cash Cash	14589000
CY2011Q4	us-gaap	Us Government Securities At Carrying Value USGovernmentSecuritiesAtCarryingValue	50000000
CY2011Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	80570000
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28404554	shares
CY2011Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	2536000
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2011Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	696266000
CY2011Q4	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	5282000
CY2011Q4	us-gaap	Interest Receivable InterestReceivable	2099000
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	518272000
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	546017000
CY2011Q4	pmt	Contingent Offering Costs Payable ContingentOfferingCostsPayable	2941000
CY2011Q4	pmt	Contingent Underwriting Fees Payable ContingentUnderwritingFeesPayable	5883000
CY2011Q4	pmt	Amounts Due From Affiliates AmountsDueFromAffiliates	347000
CY2011Q4	pmt	Borrowings Under Forward Purchase Agreement BorrowingsUnderForwardPurchaseAgreement	152427000
CY2011Q4	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements Deposit MortgageLoansAcquiredForSaleSoldUnderAgreementsDeposit	1600000
CY2011Q4	pmt	Mortgage Loans Acquired For Sale At Fair Value Sold Under Agreements To Repurchase MortgageLoansAcquiredForSaleAtFairValueSoldUnderAgreementsToRepurchase	212677000
CY2011Q4	pmt	Mortgage Backed Securities Investment MortgageBackedSecuritiesInvestment	72813000
CY2011Q4	pmt	Loans Under Forward Purchase Agreement Pledged To Secure Forward Purchase Agreements LoansUnderForwardPurchaseAgreementPledgedToSecureForwardPurchaseAgreements	129310000
CY2011Q4	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	222399000
CY2011Q4	pmt	Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings	1886000
CY2011Q4	pmt	Fair Value Option Loans Held As Assets Aggregate Fair Value FairValueOptionLoansHeldAsAssetsAggregateFairValue	1057592000
CY2011Q4	pmt	Deferred Tax Assets Real Estate Valuation Loss DeferredTaxAssetsRealEstateValuationLoss	2886000
CY2011Q4	pmt	Deferred Tax Liabilities Real Estate Valuation Gain DeferredTaxLiabilitiesRealEstateValuationGain
CY2011Q4	pmt	Short Term Investment Fair Value ShortTermInvestmentFairValue	30319000
CY2011Q4	pmt	Stock Pledged To Secure Financing Of Real Estate StockPledgedToSecureFinancingOfRealEstate	54212000
CY2011Q4	pmt	Other Real Estate Financed Under Agreements To Repurchase OtherRealEstateFinancedUnderAgreementsToRepurchase	5787000
CY2011Q4	pmt	Other Expenses Payable OtherExpensesPayable	8129000
CY2011Q4	pmt	Note Payable Secured By Mortgage Loans At Fair Value NotePayableSecuredByMortgageLoansAtFairValue	28617000
CY2011Q4	pmt	Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans Less Than Ninety Days MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoansLessThanNinetyDays	1752226000
CY2011Q4	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	1284134000
CY2011Q4	pmt	Mortgage Loans On Real Estate Fair Value Disclosure MortgageLoansOnRealEstateFairValueDisclosure	696266000
CY2011Q4	pmt	Mortgage Loans Under Forward Purchase Agreement At Fair Value MortgageLoansUnderForwardPurchaseAgreementAtFairValue	129310000
CY2011Q4	pmt	Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance	245692000
CY2011Q4	pmt	Mortgage Loans At Fair Value Sold Under Agreements To Repurchase MortgageLoansAtFairValueSoldUnderAgreementsToRepurchase	275649000
CY2011Q4	pmt	Mortgage Servicing Rights At Fair Value MortgageServicingRightsAtFairValue	749000
CY2011Q4	pmt	Servicing Asset At Fair Value ServicingAssetAtFairValue	749000
CY2011Q4	pmt	Servicing Asset At Lower Of Amortized Cost Or Fair Value ServicingAssetAtLowerOfAmortizedCostOrFairValue	5282000
CY2011Q4	pmt	Securities Sold Under Agreements To Repurchase Counterparty Margins SecuritiesSoldUnderAgreementsToRepurchaseCounterpartyMargins	3800000
CY2011Q4	pmt	Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement RealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	22979000
CY2011Q4	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	205000
CY2011Q4	pmt	Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase RealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	27494000
CY2011Q4	pmt	Principal And Interest Collections Receivable PrincipalAndInterestCollectionsReceivable	8664000
CY2011Q4	pmt	Principal And Interest Collections Receivable Under Forward Purchase Agreement PrincipalAndInterestCollectionsReceivableUnderForwardPurchaseAgreement	5299000
CY2011Q4	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2011Q4	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2011Q4	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Under Forward Purchase With Loan To Value Over One Hundred Percent PercentageOfEstimatedFairValueOfMortgageLoansUnderForwardPurchaseWithLoanToValueOverOneHundredPercent	0.74	pure
CY2011Q4	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.72	pure
CY2011Q4	pmt	Percentage Of Mortgage Loan Forward Purchase Agreement Originated PercentageOfMortgageLoanForwardPurchaseAgreementOriginated	0.33	pure
CY2011Q4	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.72	pure
CY2011Q4	pmt	Percentage Of Mortgage Loan Under Forward Purchase PercentageOfMortgageLoanUnderForwardPurchase	0.74	pure
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	4675000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	5088000
	us-gaap	Share Based Compensation ShareBasedCompensation	2812000
	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	21211000
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	8404000
	us-gaap	Interest Paid InterestPaid	9249000
	us-gaap	Income Taxes Paid IncomeTaxesPaid	3841000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	16.52
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25782000	shares
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-7000
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.125	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	9.82
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	692000
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	24012000
	us-gaap	Income Tax Expense Benefit Continuing Operations IncomeTaxExpenseBenefitContinuingOperations	6376000
CY2011Q4	pmt	Number Of Common Shares Held By Affiliate NumberOfCommonSharesHeldByAffiliate	75000	shares
CY2011Q4	pmt	Contractual Maturities Of Mbs ContractualMaturitiesOfMbs	More than ten years
CY2011Q4	pmt	States Contributing Five Percentage Of Mortgage Loans StatesContributingFivePercentageOfMortgageLoans	New York Florida New Jersey
CY2011Q4	pmt	Real Estate Acquired Through Foreclosure Remeasured During The Period RealEstateAcquiredThroughForeclosureRemeasuredDuringThePeriod	32356000
CY2011Q4	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements Remeasured During The Period RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreementsRemeasuredDuringThePeriod	19836000
CY2012Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	17250000	shares
CY2012Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	357200000
	us-gaap	Management Fee Amount Paid ManagementFeeAmountPaid	4795000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	1831000
	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	478000
	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-472000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	647331000
	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	12682000
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	184264000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8103000
	us-gaap	Investment Income Interest InvestmentIncomeInterest	82000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-80523000
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.002	pure
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	283000	shares
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	2093000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-277984000
	us-gaap	Real Estate Owned Valuation Allowance Provision RealEstateOwnedValuationAllowanceProvision	6764000
	us-gaap	Servicing Fees Net ServicingFeesNet	17000
	us-gaap	Dividends Common Stock DividendsCommonStock	25610000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.72
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	4000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	325035000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	1759000
	us-gaap	Proceeds From Fees Received ProceedsFromFeesReceived	53000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	7000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26065000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	8.41
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.350	pure
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-1527000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1831000
	us-gaap	Net Income Loss NetIncomeLoss	44790000
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	294410000
	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-523000
	us-gaap	Other Expenses OtherExpenses	3667000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.72
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.92
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-33472000
	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.248	pure
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	6114000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	88711	shares
	us-gaap	Operating Expenses OperatingExpenses	38325000
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	97000
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	17908000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	10564000
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	2719000
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	2812000
	us-gaap	Interest Expense InterestExpense	10473000
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	1053000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-66229000
	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-23642000
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-1359000
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.021	pure
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	257060000
	pmt	Loan And Collection Expense LoanAndCollectionExpense	628000
	pmt	Aggregate Expenses Incurred In Transactions With Affiliates AggregateExpensesIncurredInTransactionsWithAffiliates	11814000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6376000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	10620000
	us-gaap	Payments Of Dividends PaymentsOfDividends	25610000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	15464	shares
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	7840000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	340500	shares
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-10764000
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome	47428000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	197162000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	154843000
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	-8404000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	197162000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	44312000
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	8207000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	-735000
	us-gaap	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale	7994000
	us-gaap	Professional Fees ProfessionalFees	3648000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2812000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	51166000
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	46410000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	7000
	pmt	Aggregate Cash Gain On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-1086000
	pmt	Accrual Of Costs Related To Forward Purchase Agreement AccrualOfCostsRelatedToForwardPurchaseAgreement	2222000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	1151000
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-1674000
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	1205000
	pmt	Compensation Compensation	3831000
	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-4513000
	pmt	Base Management Fee BaseManagementFee	5750000
	pmt	Amortization Of Credit Facility Commitment Fees AmortizationOfCreditFacilityCommitmentFees	1142000
	pmt	Gain Loss Mortgage Backed Securities GainLossMortgageBackedSecurities	-2106000
	pmt	Gain Loss Mortgage Loans GainLossMortgageLoans	65594000
	pmt	Gain Loss On Investments Net GainLossOnInvestmentsNet	63488000
	pmt	Gain On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-73000
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	-8291000
	pmt	Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	948000
	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	625000
	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	1680000
	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	82680000
	pmt	Write Down Of Mortgage Servicing Rights At Amortized Cost Due To Valuation Allowance WriteDownOfMortgageServicingRightsAtAmortizedCostDueToValuationAllowance
	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
	pmt	Payment For Expenses Incurred In Transactions With Affiliates PaymentForExpensesIncurredInTransactionsWithAffiliates	8476000
	pmt	Origination Of Mortgage Servicing Rights Msrs Carried At Lower Of Amortized Cost Or Fair Value OriginationOfMortgageServicingRightsMsrsCarriedAtLowerOfAmortizedCostOrFairValue	104000
	pmt	Payments From Purchases Of Securities Sold Under Agreements To Repurchase PaymentsFromPurchasesOfSecuritiesSoldUnderAgreementsToRepurchase	317975000
	pmt	Payments To Acquire Mortgage Backed Securities Mbs At Fair Value PaymentsToAcquireMortgageBackedSecuritiesMbsAtFairValue	4974000
	pmt	Payment To Acquire Mortgage Loan At Fair Value PaymentToAcquireMortgageLoanAtFairValue	453309000
	pmt	Net Investments Income NetInvestmentsIncome	89491000
	pmt	Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement	10041000
	pmt	Net Gain Loss On Mortgage Loans Acquired For Sale NetGainLossOnMortgageLoansAcquiredForSale	207000
	pmt	Net Change In Short Term Investments NetChangeInShortTermInvestments	30743000
	pmt	Mortgage Servicing Assets At Lower Of Amortized Cost Or Fair Value Gains Losses Recognized MortgageServicingAssetsAtLowerOfAmortizedCostOrFairValueGainsLossesRecognized
	pmt	Mortgage Servicing Rights At Fair Value Addition Due To Sale Of Loan MortgageServicingRightsAtFairValueAdditionDueToSaleOfLoan	539000
	pmt	Mortgage Servicing Rights Fair Value Additions MortgageServicingRightsFairValueAdditions	539000
	pmt	Mortgage Servicing Rights Other Changes MortgageServicingRightsOtherChanges	7000
	pmt	Performance Incentive Fee PerformanceIncentiveFee
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Fair Value Of Mortgage Loans Securing Note Payable At Period End NotePayableSecuredByMortgageLoansAtFairValueFairValueOfMortgageLoansSecuringNotePayableAtPeriodEnd
	pmt	Increase Decrease In Principal And Interest Collections Receivable IncreaseDecreaseInPrincipalAndInterestCollectionsReceivable	-1529000
	pmt	Increase In Payables Under Repurchase Agreements IncreaseInPayablesUnderRepurchaseAgreements	516522000
	pmt	Increase In Principal And Interest Collections Receivable Under Forward Purchase Agreement IncreaseInPrincipalAndInterestCollectionsReceivableUnderForwardPurchaseAgreement	-9735000
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost	687000.0
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance	13236000
	pmt	Mortgage Loan Hedging Activities Gain Loss MortgageLoanHedgingActivitiesGainLoss	-1013000
	pmt	Management Fees ManagementFees	5750000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	336000
	pmt	Loan Servicing Fees LoanServicingFees	336000
	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	542000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accrual Of Unearned Discounts Asset FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccrualOfUnearnedDiscountsAsset	1759000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Additions Of Unpaid Interest Impound Advances And Fees To Unpaid Balance Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAdditionsOfUnpaidInterestImpoundAdvancesAndFeesToUnpaidBalanceOfMortgageLoans	3521000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Servicing Asset Proceeds From Sale Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisServicingAssetProceedsFromSaleOfMortgageLoans	539000
	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-42587000
	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	7000
	pmt	Deferred Income Tax Expense Benefit Real Estate Valuation Loss DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss	1831000
	pmt	Transfer Of Mortgage Loans And Advances To Real Estate TransferOfMortgageLoansAndAdvancesToRealEstate	82680000
	pmt	Sales Of Loans Under Agreements To Repurchase SalesOfLoansUnderAgreementsToRepurchase	1081542000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans SalesOfRealEstateAcquiredInSettlementOfLoans	46410000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase SalesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	17108000
	pmt	Results Of Real Estate Acquired In Settlement Of Loans ResultsOfRealEstateAcquiredInSettlementOfLoans	1527000
	pmt	Servicing Fees Contractually Specified ServicingFeesContractuallySpecified	24000
	pmt	Servicing Fees Received Loans Sold With Servicing Retained ServicingFeesReceivedLoansSoldWithServicingRetained	24000
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	80020000
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	101202000
	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	4509000
	pmt	Repayment Of Mortgage Loan RepaymentOfMortgageLoan	20040000
	pmt	Fair Value Adjustments Contingent Consideration Recorded In Interest Expenses FairValueAdjustmentsContingentConsiderationRecordedInInterestExpenses	1946000
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	643000
	pmt	Reimbursement Of Common Overhead Incurred ReimbursementOfCommonOverheadIncurred	2517000
	pmt	Reimbursement Of Expenses ReimbursementOfExpenses	2134000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	-11115000
	pmt	Repayments Of Mortgage Loans At Fair Value RepaymentsOfMortgageLoansAtFairValue	87795000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	20040000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred
	pmt	Repurchases Of Loans Sold Under Agreements To Repurchase RepurchasesOfLoansSoldUnderAgreementsToRepurchase	1119901000
	pmt	Repurchases Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase RepurchasesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	4294000
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	82680000
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	8884000
	pmt	Purchases Of Real Estate Acquired In Satisfaction Of Debt PurchasesOfRealEstateAcquiredInSatisfactionOfDebt	2424000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	1510000
	pmt	Purchases During Year Of Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement PurchasesDuringYearOfRealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	914000
	pmt	Proceeds From Sale Of Mortgage Backed Securities Mbs At Fair Value ProceedsFromSaleOfMortgageBackedSecuritiesMbsAtFairValue	47008000
	pmt	Proceeds From Sales Of Mortgage Loans At Fair Value ProceedsFromSalesOfMortgageLoansAtFairValue	2570000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	32000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements	171796000
	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	914000
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0097	pure
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0114	pure
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0264	pure
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0260	pure
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rate During Period NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRateDuringPeriod	0.0000	pure
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rates At Period End NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRatesAtPeriodEnd	0.0000	pure
	pmt	Transfer To Mortgage Loans Acquired For Sale TransferToMortgageLoansAcquiredForSale	741000
	pmt	Loan Originations Fees LoanOriginationsFees	236000
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2012-09-30
	dei	Entity Central Index Key EntityCentralIndexKey	0001464423
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Trading Symbol TradingSymbol	PMT
	dei	Entity Registrant Name EntityRegistrantName	PENNYMAC MORTGAGE INVESTMENT TRUST
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	invest	Investment Maturity Date1 InvestmentMaturityDate1	2012-01-19
	invest	Investment Interest Rate InvestmentInterestRate	0.0000	pure
	us-gaap	Management Fee Amount Paid ManagementFeeAmountPaid	5387000
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	23000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	23163000
	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	947000
	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	5947000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	412464000
	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	15460000
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	5111185000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	10356000
	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<div> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Following is a summary of maturities of repurchase agreements by maturity date:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="68%" align="center"> <tr> <td width="79%"></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> <p style="BORDER-BOTTOM: #000000 1px solid; WIDTH: 147pt"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Remaining Maturity at September 30, 2012</b></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Balance</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(in thousands)</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Within 30 days</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">—  </font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Over 30 to 90 days</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">219,641</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Over 90 days to 180 days</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">—  </font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Over 180 days to 1 year</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">535,830</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">755,471</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> </table> </div>
	us-gaap	Investment Income Interest InvestmentIncomeInterest	32000
	us-gaap	Income Taxes Paid IncomeTaxesPaid	9345000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	18.91
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38398000	shares
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	104000
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-619000
	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2012-09-26
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.268	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	12.15
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	488000
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	52157000
	us-gaap	Income Tax Expense Benefit Continuing Operations IncomeTaxExpenseBenefitContinuingOperations	32508000
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	833000
	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	49943000
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1340000
	us-gaap	Interest Paid InterestPaid	21952000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	1657000
	us-gaap	Share Based Compensation ShareBasedCompensation	3576000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-662179000
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.000	pure
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	314000	shares
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	2434000
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	2339000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-54471000
	us-gaap	Real Estate Owned Valuation Allowance Provision RealEstateOwnedValuationAllowanceProvision	8824000
	us-gaap	Servicing Fees Net ServicingFeesNet	-1169000
	us-gaap	Dividends Common Stock DividendsCommonStock	61245000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.29
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	56000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	769874000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	16558000
	us-gaap	Proceeds From Fees Received ProceedsFromFeesReceived	1448000
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-5706000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	23069000
	us-gaap	Net Income Loss NetIncomeLoss	89011000
	us-gaap	Other Expenses OtherExpenses	4469000
	us-gaap	Transfer Mortgage Payable TransferMortgagePayable	26573000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.29
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.65
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	53224000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	619000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38712000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	16.91
	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisions	4505000
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.350	pure
	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.127	pure
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	7005000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	161726	shares
	us-gaap	Operating Expenses OperatingExpenses	88732000
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-12000
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	2800710	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	14441	shares
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	-2354000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	350000	shares
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	16257000
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome	72226000
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	11967678000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	32508000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	15180000
	us-gaap	Payments Of Dividends PaymentsOfDividends	61245000
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	608184000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	164297000
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	-1340000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	608184000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	88064000
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	9439000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	18776000
	us-gaap	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale	23218000
	us-gaap	Professional Fees ProfessionalFees	3321000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4210000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	121519000
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	104367000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	7456000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	52212000
	us-gaap	Interest Income Operating InterestIncomeOperating	52157000
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	2087000
	us-gaap	Interest Expense InterestExpense	21659000
	pmt	Maturity Period Of Federal National Mortgage Association Certificates And Obligations MaturityPeriodOfFederalNationalMortgageAssociationCertificatesAndObligations	P30Y
	pmt	Aggregate Expenses Incurred In Transactions With Affiliates AggregateExpensesIncurredInTransactionsWithAffiliates	20074000
	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	514000
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	5448000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-65061000
	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-19193000
	us-gaap	Fair Value Assumptions Risk Free Interest Rate FairValueAssumptionsRiskFreeInterestRate	0.045	pure
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	42532000
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	3576000
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	17122000
	us-gaap	Interest Income Other InterestIncomeOther	95000
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.045	pure
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	2044000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	11362751000
	pmt	Aggregate Cash Gain On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-18043000
	pmt	Accrual Of Costs Related To Forward Purchase Agreement AccrualOfCostsRelatedToForwardPurchaseAgreement	3421000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	34456000
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-33942000
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	34263000
	pmt	Compensation Compensation	5042000
	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-11381000
	pmt	Base Management Fee BaseManagementFee	7964000
	pmt	Amortization Of Credit Facility Commitment Fees AmortizationOfCreditFacilityCommitmentFees	2002000
	pmt	Gain Loss Mortgage Backed Securities GainLossMortgageBackedSecurities	612000
	pmt	Gain Loss Mortgage Loans GainLossMortgageLoans	64929000
	pmt	Gain Loss On Investments Net GainLossOnInvestmentsNet	65541000
	pmt	Other Operating Income Net OtherOperatingIncomeNet	11343000
	pmt	Origination Of Mortgage Servicing Rights Msrs Carried At Lower Of Amortized Cost Or Fair Value OriginationOfMortgageServicingRightsMsrsCarriedAtLowerOfAmortizedCostOrFairValue	65198000
	pmt	Payments From Purchases Of Securities Sold Under Agreements To Repurchase PaymentsFromPurchasesOfSecuritiesSoldUnderAgreementsToRepurchase	867836000
	pmt	Payments To Acquire Mortgage Backed Securities Mbs At Fair Value PaymentsToAcquireMortgageBackedSecuritiesMbsAtFairValue	112211000
	pmt	Gain On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainOnSaleOfMortgageLoansAcquiredForSaleCashPortion	10677000
	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	1870000
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	-14530000
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	2319000
	pmt	Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	7221000
	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	996000
	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	2396000
	pmt	Increase Decrease In Principal And Interest Collections Receivable IncreaseDecreaseInPrincipalAndInterestCollectionsReceivable	21352000
	pmt	Increase In Payables Under Repurchase Agreements IncreaseInPayablesUnderRepurchaseAgreements	752343000
	pmt	Increase In Principal And Interest Collections Receivable Under Forward Purchase Agreement IncreaseInPrincipalAndInterestCollectionsReceivableUnderForwardPurchaseAgreement	5299000
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost	2100000
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance	294857000
	pmt	Mortgage Loan Hedging Activities Gain Loss MortgageLoanHedgingActivitiesGainLoss	-28720000
	pmt	Management Fees ManagementFees	7964000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	31097000
	pmt	Loan Servicing Fees LoanServicingFees	31097000
	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	1011000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accrual Of Unearned Discounts Asset FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccrualOfUnearnedDiscountsAsset	363000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Additions Of Unpaid Interest Impound Advances And Fees To Unpaid Balance Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAdditionsOfUnpaidInterestImpoundAdvancesAndFeesToUnpaidBalanceOfMortgageLoans	16415000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Servicing Asset Proceeds From Sale Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisServicingAssetProceedsFromSaleOfMortgageLoans	1451000
	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	411400000
	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	411400000
	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-45868000
	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	7463000
	pmt	Deferred Income Tax Expense Benefit Mortgage Servicing Rights DeferredIncomeTaxExpenseBenefitMortgageServicingRights	-24851000
	pmt	Deferred Income Tax Expense Benefit Other DeferredIncomeTaxExpenseBenefitOther	913000
	pmt	Deferred Income Tax Expense Benefit Real Estate Valuation Loss DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss	869000
	pmt	Stock Issuance Costs Paid By Affiliate Contingently Reimbursable StockIssuanceCostsPaidByAffiliateContingentlyReimbursable	2900000
	pmt	Stock Issuance Costs Sales Agent Commission Dollars StockIssuanceCostsSalesAgentCommissionDollars	999000
	pmt	Stock Issued During Period Value New Issues Net Of Adjustments To Additional Paid In Capital Stock Issued Issuance Costs StockIssuedDuringPeriodValueNewIssuesNetOfAdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	51000000
	pmt	Transfer From Mortgage Loans Acquired For Sale TransferFromMortgageLoansAcquiredForSale	18000
	pmt	Transfer Of Mortgage Loans And Advances To Real Estate TransferOfMortgageLoansAndAdvancesToRealEstate	82404000
	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	79440000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements And Advances To Real Estate Under Forward Purchase Agreements TransferOfMortgageLoansUnderForwardPurchaseAgreementsAndAdvancesToRealEstateUnderForwardPurchaseAgreements	6633000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans At Fair Value TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoansAtFairValue	117913000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements	7473000
	pmt	Transfer Of Real Estate Of Loans Under Forward Purchase Agreements TransferOfRealEstateOfLoansUnderForwardPurchaseAgreements	21819000
	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	21819000
	pmt	Transfers To Reo TransfersToReo	21819000
	pmt	Write Down Of Mortgage Servicing Rights At Amortized Cost Due To Valuation Allowance WriteDownOfMortgageServicingRightsAtAmortizedCostDueToValuationAllowance
	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
	pmt	Payment For Expenses Incurred In Transactions With Affiliates PaymentForExpensesIncurredInTransactionsWithAffiliates	28896000
	pmt	Other Operating Expenses Net OtherOperatingExpensesNet	20796000
	pmt	Payments To Acquire Us Government Securities PaymentsToAcquireUsGovernmentSecurities	50000000
	pmt	Payment To Acquire Mortgage Loan At Fair Value PaymentToAcquireMortgageLoanAtFairValue	411368000
	pmt	Performance Incentive Fee PerformanceIncentiveFee
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Fair Value Of Mortgage Loans Securing Note Payable At Period End NotePayableSecuredByMortgageLoansAtFairValueFairValueOfMortgageLoansSecuringNotePayableAtPeriodEnd
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Interest Expense NotePayableSecuredByMortgageLoansAtFairValueInterestExpense	112000
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Maximum Daily Amount Outstanding NotePayableSecuredByMortgageLoansAtFairValueMaximumDailyAmountOutstanding	28617000
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rate At Period End NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRateAtPeriodEnd	2282000
	pmt	Net Investments Income NetInvestmentsIncome	210251000
	pmt	Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement	9293000
	pmt	Net Gain Loss On Mortgage Loans Acquired For Sale NetGainLossOnMortgageLoansAcquiredForSale	81210000
	pmt	Net Change In Short Term Investments NetChangeInShortTermInvestments	8003000
	pmt	Mortgage Servicing Assets At Lower Of Amortized Cost Or Fair Value Gains Losses Recognized MortgageServicingAssetsAtLowerOfAmortizedCostOrFairValueGainsLossesRecognized	-4505000
	pmt	Mortgage Servicing Rights At Fair Value Addition Due To Sale Of Loan MortgageServicingRightsAtFairValueAdditionDueToSaleOfLoan	1451000
	pmt	Mortgage Servicing Rights Fair Value Additions MortgageServicingRightsFairValueAdditions	1471000
	pmt	Mortgage Servicing Rights Fair Value Purchases MortgageServicingRightsFairValuePurchases	20000
	pmt	Mortgage Servicing Rights Fair Value Sales MortgageServicingRightsFairValueSales	79000
	pmt	Mortgage Servicing Rights Other Changes MortgageServicingRightsOtherChanges	76000
	pmt	Mortgage Servicing Rights Valuation Adjustment MortgageServicingRightsValuationAdjustment	543000
	pmt	Sales Of Loans Under Agreements To Repurchase SalesOfLoansUnderAgreementsToRepurchase	11285842000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans SalesOfRealEstateAcquiredInSettlementOfLoans	104367000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase SalesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	10753000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	9912000
	pmt	Results Of Real Estate Acquired In Settlement Of Loans ResultsOfRealEstateAcquiredInSettlementOfLoans	7576000
	pmt	Servicing Fees Contractually Specified ServicingFeesContractuallySpecified	6294000
	pmt	Servicing Fees Received Loans Sold With Servicing Retained ServicingFeesReceivedLoansSoldWithServicingRetained	6294000
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	99595000
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	160334000
	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	6876000
	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	449000
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	66649000
	pmt	Reimbursement Of Common Overhead Incurred ReimbursementOfCommonOverheadIncurred	2474000
	pmt	Reimbursement Of Expenses ReimbursementOfExpenses	2420000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	-157166000
	pmt	Repayments Of Mortgage Loans At Fair Value RepaymentsOfMortgageLoansAtFairValue	128116000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	14292000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred
	pmt	Repurchases Of Loans Sold Under Agreements To Repurchase RepurchasesOfLoansSoldUnderAgreementsToRepurchase	10771085000
	pmt	Repurchases Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase RepurchasesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase	26532000
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	82404000
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	6633000
	pmt	Purchases Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value PurchasesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	15000
	pmt	Purchases Of Real Estate Acquired In Satisfaction Of Debt PurchasesOfRealEstateAcquiredInSatisfactionOfDebt	48000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	48000
	pmt	Purchases During Year Of Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement PurchasesDuringYearOfRealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	248000
	pmt	Proceeds From Sale Of Mortgage Backed Securities Mbs At Fair Value ProceedsFromSaleOfMortgageBackedSecuritiesMbsAtFairValue	165949000
	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	-9911000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	2173000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements	1070000
	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	248000
	pmt	Fulfillment Fees Interest Rate Effective Percentage Rate FulfillmentFeesInterestRateEffectivePercentageRate	0.0050	pure
	pmt	Fixed Rate Mortgage Loans Maximum FixedRateMortgageLoansMaximum	0.045	pure
	pmt	Fixed Rate Mortgage Loans Minimum FixedRateMortgageLoansMinimum	0.03	pure
	pmt	Maximum Equity Based Awards Issuable Percentage Of Issued And Outstanding Shares As Of Grant Date MaximumEquityBasedAwardsIssuablePercentageOfIssuedAndOutstandingSharesAsOfGrantDate	0.08	pure
	pmt	Basis Point For Mortgage Loan BasisPointForMortgageLoan	0.0005	pure
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0000	pure
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0064	pure
	pmt	Mortgage Loans At Fair Value Minimum Service Fee Rate Paid To Affiliate MortgageLoansAtFairValueMinimumServiceFeeRatePaidToAffiliate	0.0030	pure
	pmt	Mortgage Loans At Fair Value Maximum Service Fee Rate Paid To Affiliate MortgageLoansAtFairValueMaximumServiceFeeRatePaidToAffiliate	0.010	pure
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0261	pure
	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0229	pure
	pmt	Mortgage Servicing Activities Maximum Servicing Fee Rate Paid To Affiliate MortgageServicingActivitiesMaximumServicingFeeRatePaidToAffiliate	0.0020	pure
	pmt	Mortgage Servicing Activities Minimum Servicing Fee Rate Paid To Affiliate MortgageServicingActivitiesMinimumServicingFeeRatePaidToAffiliate	0.0004	pure
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rate During Period NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRateDuringPeriod	0.0695	pure
	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rates At Period End NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRatesAtPeriodEnd	0.0000	pure
	pmt	Percentage Of Pre Tax Income Contributed By Lending Segment PercentageOfPreTaxIncomeContributedByLendingSegment	0.49	pure
	pmt	Percentage Of Taxable Income For Distribution PercentageOfTaxableIncomeForDistribution	0.90	pure
	pmt	Percentage Of Distributions Characterized As Long Term Capital Gain PercentageOfDistributionsCharacterizedAsLongTermCapitalGain	0.05	pure
	pmt	Percentage Of Investment Represent For Inventory Of Mortgage Loans Acquired At Fair Value PercentageOfInvestmentRepresentForInventoryOfMortgageLoansAcquiredAtFairValue	0.40	pure
	pmt	Sourcing Fee On Unpaid Principal Balance SourcingFeeOnUnpaidPrincipalBalance	0.0003	pure
	pmt	Stock Issuance Costs Sales Agent Commission Average Percentage StockIssuanceCostsSalesAgentCommissionAveragePercentage	0.020	pure
	pmt	Weighted Average Price Per Share WeightedAveragePricePerShare	18.58
	pmt	Mortgage Loans Description MortgageLoansDescription	Note rate pools of 50 basis points
	pmt	Initial Interest Rates InitialInterestRates	More than 4.5%
	pmt	Loans Delinquent Period LoansDelinquentPeriod	90 or more days
	pmt	Dividend Record Date DividendRecordDate	2012-11-19
	pmt	Fair Value Adjustments Contingent Consideration Recorded In Interest Expenses FairValueAdjustmentsContingentConsiderationRecordedInInterestExpenses	132188000
	pmt	Repayment Of Mortgage Loan RepaymentOfMortgageLoan	14292000
	pmt	Transfer To Mortgage Loans Acquired For Sale TransferToMortgageLoansAcquiredForSale	97924000
	pmt	Loan Originations Fees LoanOriginationsFees	4880000
	pmt	Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	19000
CY2012Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	10000000	shares
CY2012Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	193500000
CY2012Q2	pmt	Proceeds From Issuance Of Common Stock Pursuant To Over Allotment Option ProceedsFromIssuanceOfCommonStockPursuantToOverAllotmentOption	5400000
CY2012Q2	pmt	Stock Issued During Period Shares New Issues Pursuant To Over Allotment Option StockIssuedDuringPeriodSharesNewIssuesPursuantToOverAllotmentOption	287706	shares
CY2011Q3	us-gaap	Management Fee Amount Paid ManagementFeeAmountPaid	2018000
CY2011Q3	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	234000
CY2011Q3	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-210000
CY2011Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	286928000
CY2011Q3	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	5028000
CY2011Q3	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	144351000
CY2011Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	24000
CY2011Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27847000	shares
CY2011Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-10000
CY2011Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.175	pure
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	9.59
CY2011Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	161000
CY2011Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	9839000
CY2011Q3	us-gaap	Income Tax Expense Benefit Continuing Operations IncomeTaxExpenseBenefitContinuingOperations	4350000
CY2011Q3	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	9164000
CY2011Q3	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.003	pure
CY2011Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	291000	shares
CY2011Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1350000
CY2011Q3	us-gaap	Real Estate Owned Valuation Allowance Provision RealEstateOwnedValuationAllowanceProvision	2779000
CY2011Q3	us-gaap	Servicing Fees Net ServicingFeesNet	14000
CY2011Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2011Q3	us-gaap	Proceeds From Fees Received ProceedsFromFeesReceived	41000
CY2011Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-352000
CY2011Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-815000
CY2011Q3	us-gaap	Net Income Loss NetIncomeLoss	20528000
CY2011Q3	us-gaap	Other Expenses OtherExpenses	1274000
CY2011Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
CY2011Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.50
CY2011Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	10000
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	8.48
CY2011Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.350	pure
CY2011Q3	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.202	pure
CY2011Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	3815000
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	82811	shares
CY2011Q3	us-gaap	Operating Expenses OperatingExpenses	17107000
CY2011Q3	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-70000
CY2011Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4350000
CY2011Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	4834000
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	14200	shares
CY2011Q3	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome	24474000
CY2011Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	65527000
CY2011Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20294000
CY2011Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	5165000
CY2011Q3	us-gaap	Professional Fees ProfessionalFees	1656000
CY2011Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1148000
CY2011Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	24878000
CY2011Q3	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	17089000
CY2011Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	4649000
CY2011Q3	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	10833000
CY2011Q3	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	651000
CY2011Q3	us-gaap	Interest Expense InterestExpense	5225000
CY2011Q3	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	741000
CY2011Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-31738000
CY2011Q3	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-10640000
CY2011Q3	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	8707000
CY2011Q3	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-605000
CY2011Q3	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.030	pure
CY2011Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	53221000
CY2011Q3	pmt	Loan And Collection Expense LoanAndCollectionExpense	361000
CY2011Q3	pmt	Aggregate Expenses Incurred In Transactions With Affiliates AggregateExpensesIncurredInTransactionsWithAffiliates	4059000
CY2011Q3	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-578000
CY2011Q3	pmt	Aggregate Cash Gain On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-992000
CY2011Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	1067000
CY2011Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-1645000
CY2011Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	1209000
CY2011Q3	pmt	Compensation Compensation	1567000
CY2011Q3	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-2740000
CY2011Q3	pmt	Base Management Fee BaseManagementFee	2288000
CY2011Q3	pmt	Gain Loss Mortgage Backed Securities GainLossMortgageBackedSecurities	-791000
CY2011Q3	pmt	Gain Loss Mortgage Loans GainLossMortgageLoans	32311000
CY2011Q3	pmt	Gain Loss On Investments Net GainLossOnInvestmentsNet	31520000
CY2011Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred
CY2011Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	36857000
CY2011Q3	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	8884000
CY2011Q3	pmt	Gain On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-63000
CY2011Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	-3131000
CY2011Q3	pmt	Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	375000
CY2011Q3	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	625000
CY2011Q3	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	1680000
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost	188000.0
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance	27701000
CY2011Q3	pmt	Mortgage Loan Hedging Activities Gain Loss MortgageLoanHedgingActivitiesGainLoss	-929000
CY2011Q3	pmt	Management Fees ManagementFees	2288000
CY2011Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	263000
CY2011Q3	pmt	Loan Servicing Fees LoanServicingFees	263000
CY2011Q3	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	542000
CY2011Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accrual Of Unearned Discounts Asset FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccrualOfUnearnedDiscountsAsset	385000
CY2011Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Additions Of Unpaid Interest Impound Advances And Fees To Unpaid Balance Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAdditionsOfUnpaidInterestImpoundAdvancesAndFeesToUnpaidBalanceOfMortgageLoans	3210000
CY2011Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Servicing Asset Proceeds From Sale Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisServicingAssetProceedsFromSaleOfMortgageLoans	362000
CY2011Q3	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-21098000
CY2011Q3	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	10000
CY2011Q3	pmt	Deferred Income Tax Expense Benefit Real Estate Valuation Loss DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss	815000
CY2011Q3	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	36857000
CY2011Q3	pmt	Write Down Of Mortgage Servicing Rights At Amortized Cost Due To Valuation Allowance WriteDownOfMortgageServicingRightsAtAmortizedCostDueToValuationAllowance
CY2011Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
CY2011Q3	pmt	Payment For Expenses Incurred In Transactions With Affiliates PaymentForExpensesIncurredInTransactionsWithAffiliates	2273000
CY2011Q3	pmt	Origination Of Mortgage Servicing Rights Msrs Carried At Lower Of Amortized Cost Or Fair Value OriginationOfMortgageServicingRightsMsrsCarriedAtLowerOfAmortizedCostOrFairValue	104000
CY2011Q3	pmt	Performance Incentive Fee PerformanceIncentiveFee
CY2011Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Fair Value Of Mortgage Loans Securing Note Payable At Period End NotePayableSecuredByMortgageLoansAtFairValueFairValueOfMortgageLoansSecuringNotePayableAtPeriodEnd
CY2011Q3	pmt	Net Investments Income NetInvestmentsIncome	41985000
CY2011Q3	pmt	Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement	10041000
CY2011Q3	pmt	Net Gain Loss On Mortgage Loans Acquired For Sale NetGainLossOnMortgageLoansAcquiredForSale	84000
CY2011Q3	pmt	Mortgage Servicing Assets At Lower Of Amortized Cost Or Fair Value Gains Losses Recognized MortgageServicingAssetsAtLowerOfAmortizedCostOrFairValueGainsLossesRecognized
CY2011Q3	pmt	Mortgage Servicing Rights At Fair Value Addition Due To Sale Of Loan MortgageServicingRightsAtFairValueAdditionDueToSaleOfLoan	362000
CY2011Q3	pmt	Mortgage Servicing Rights Fair Value Additions MortgageServicingRightsFairValueAdditions	362000
CY2011Q3	pmt	Mortgage Servicing Rights Other Changes MortgageServicingRightsOtherChanges	10000
CY2011Q3	pmt	Results Of Real Estate Acquired In Settlement Of Loans ResultsOfRealEstateAcquiredInSettlementOfLoans	352000
CY2011Q3	pmt	Servicing Fees Contractually Specified ServicingFeesContractuallySpecified	24000
CY2011Q3	pmt	Servicing Fees Received Loans Sold With Servicing Retained ServicingFeesReceivedLoansSoldWithServicingRetained	24000
CY2011Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	65364000
CY2011Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	70978000
CY2011Q3	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	2736000
CY2011Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	466000
CY2011Q3	pmt	Reimbursement Of Common Overhead Incurred ReimbursementOfCommonOverheadIncurred	988000
CY2011Q3	pmt	Reimbursement Of Expenses ReimbursementOfExpenses	964000
CY2011Q3	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	-11115000
CY2011Q3	pmt	Purchases Of Real Estate Acquired In Satisfaction Of Debt PurchasesOfRealEstateAcquiredInSatisfactionOfDebt	914000
CY2011Q3	pmt	Purchases During Year Of Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement PurchasesDuringYearOfRealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	914000
CY2011Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	21000
CY2011Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0097	pure
CY2011Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0096	pure
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0264	pure
CY2011Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0265	pure
CY2011Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rate During Period NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRateDuringPeriod	0.0000	pure
CY2011Q3	pmt	Fair Value Adjustments Contingent Consideration Recorded In Interest Expenses FairValueAdjustmentsContingentConsiderationRecordedInInterestExpenses	1810000
CY2011Q3	pmt	Repayment Of Mortgage Loan RepaymentOfMortgageLoan	20040000
CY2011Q3	pmt	Transfer To Mortgage Loans Acquired For Sale TransferToMortgageLoansAcquiredForSale	601000
CY2011Q3	pmt	Loan Originations Fees LoanOriginationsFees	176000
CY2012Q3	us-gaap	Management Fee Amount Paid ManagementFeeAmountPaid	2515000
CY2012Q3	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	528000
CY2011Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rates At Period End NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRatesAtPeriodEnd	0.0000	pure
CY2012Q3	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	3333000
CY2012Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	150778000
CY2012Q3	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	5168000
CY2012Q3	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	2650097000
CY2012Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	13000
CY2012Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49078000	shares
CY2012Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-126000
CY2012Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.315	pure
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	6.10
CY2012Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	100000
CY2012Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	19730000
CY2012Q3	us-gaap	Income Tax Expense Benefit Continuing Operations IncomeTaxExpenseBenefitContinuingOperations	18585000
CY2012Q3	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	19179000
CY2012Q3	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.000	pure
CY2012Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	385000	shares
CY2012Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1459000
CY2012Q3	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	1437000
CY2012Q3	us-gaap	Real Estate Owned Valuation Allowance Provision RealEstateOwnedValuationAllowanceProvision	3954000
CY2012Q3	us-gaap	Servicing Fees Net ServicingFeesNet	-511000
CY2012Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
CY2012Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	-1000
CY2012Q3	us-gaap	Proceeds From Fees Received ProceedsFromFeesReceived	747000
CY2012Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-1292000
CY2012Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	12927000
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	40384000
CY2012Q3	us-gaap	Other Expenses OtherExpenses	2117000
CY2012Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2012Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.55
CY2012Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	126000
CY2012Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49463000	shares
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	17.11
CY2012Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisions	2881000
CY2012Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.350	pure
CY2012Q3	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	-0.088	pure
CY2012Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	4199000
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	74077	shares
CY2012Q3	us-gaap	Operating Expenses OperatingExpenses	40227000
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18585000
CY2012Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	5208000
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	11770	shares
CY2012Q3	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	3399000
CY2012Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	44802000
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39856000
CY2012Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	5658000
CY2012Q3	us-gaap	Professional Fees ProfessionalFees	1693000
CY2012Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1661000
CY2012Q3	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	194055000
CY2012Q3	us-gaap	Interest Income Operating InterestIncomeOperating	19730000
CY2012Q3	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	502000
CY2012Q3	us-gaap	Interest Expense InterestExpense	8282000
CY2012Q3	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	3114000
CY2012Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-26356000
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	58969000
CY2012Q3	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	38981000
CY2012Q3	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	-2881000
CY2012Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	52133000
CY2012Q3	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-3262000
CY2012Q3	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	20639000
CY2012Q3	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	9594000
CY2012Q3	us-gaap	Interest Income Other InterestIncomeOther	36000
CY2012Q3	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.053	pure
CY2012Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	3573762000
CY2012Q3	pmt	Aggregate Expenses Incurred In Transactions With Affiliates AggregateExpensesIncurredInTransactionsWithAffiliates	7007000
CY2012Q3	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-5403000
CY2012Q3	pmt	Aggregate Cash Gain On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-7537000
CY2012Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	23004000
CY2012Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-28407000
CY2012Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	27102000
CY2012Q3	pmt	Compensation Compensation	1997000
CY2012Q3	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-6730000
CY2012Q3	pmt	Base Management Fee BaseManagementFee	3672000
CY2012Q3	pmt	Gain Loss Mortgage Backed Securities GainLossMortgageBackedSecurities	-451000
CY2012Q3	pmt	Gain Loss Mortgage Loans GainLossMortgageLoans	26512000
CY2012Q3	pmt	Gain Loss On Investments Net GainLossOnInvestmentsNet	26061000
CY2012Q3	pmt	Gain On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainOnSaleOfMortgageLoansAcquiredForSaleCashPortion	10360000
CY2012Q3	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	-4000
CY2012Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	-5246000
CY2012Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	-3000
CY2012Q3	pmt	Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase	3947000
CY2012Q3	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	146000
CY2012Q3	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	100000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost	1100000
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance	462137000
CY2012Q3	pmt	Mortgage Loan Hedging Activities Gain Loss MortgageLoanHedgingActivitiesGainLoss	-17897000
CY2012Q3	pmt	Management Fees ManagementFees	3672000
CY2012Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	17258000
CY2012Q3	pmt	Loan Servicing Fees LoanServicingFees	17258000
CY2012Q3	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	51000
CY2012Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Servicing Asset Proceeds From Sale Of Mortgage Loans FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisServicingAssetProceedsFromSaleOfMortgageLoans	363000
CY2012Q3	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-23094000
CY2012Q3	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	4444000
CY2012Q3	pmt	Deferred Income Tax Expense Benefit Mortgage Servicing Rights DeferredIncomeTaxExpenseBenefitMortgageServicingRights	-13594000
CY2012Q3	pmt	Deferred Income Tax Expense Benefit Other DeferredIncomeTaxExpenseBenefitOther	474000
CY2012Q3	pmt	Deferred Income Tax Expense Benefit Real Estate Valuation Loss DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss	193000
CY2012Q3	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	33754000
CY2012Q3	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans
CY2012Q3	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	786000
CY2012Q3	pmt	Transfers To Reo TransfersToReo	786000
CY2012Q3	pmt	Write Down Of Mortgage Servicing Rights At Amortized Cost Due To Valuation Allowance WriteDownOfMortgageServicingRightsAtAmortizedCostDueToValuationAllowance
CY2012Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
CY2012Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Thirty To Ninety Days UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentThirtyToNinetyDays	19508000
CY2012Q3	pmt	Payment For Expenses Incurred In Transactions With Affiliates PaymentForExpensesIncurredInTransactionsWithAffiliates	12239000
CY2012Q3	pmt	Other Operating Expenses Net OtherOperatingExpensesNet	9479000
CY2012Q3	pmt	Other Operating Income Net OtherOperatingIncomeNet	3612000
CY2012Q3	pmt	Origination Of Mortgage Servicing Rights Msrs Carried At Lower Of Amortized Cost Or Fair Value OriginationOfMortgageServicingRightsMsrsCarriedAtLowerOfAmortizedCostOrFairValue	36397000
CY2012Q3	pmt	Performance Incentive Fee PerformanceIncentiveFee
CY2012Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Fair Value Of Mortgage Loans Securing Note Payable At Period End NotePayableSecuredByMortgageLoansAtFairValueFairValueOfMortgageLoansSecuringNotePayableAtPeriodEnd
CY2012Q3	pmt	Net Investments Income NetInvestmentsIncome	99196000
CY2012Q3	pmt	Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement	105000
CY2012Q3	pmt	Net Gain Loss On Mortgage Loans Acquired For Sale NetGainLossOnMortgageLoansAcquiredForSale	49793000
CY2012Q3	pmt	Mortgage Servicing Assets At Lower Of Amortized Cost Or Fair Value Gains Losses Recognized MortgageServicingAssetsAtLowerOfAmortizedCostOrFairValueGainsLossesRecognized	-2881000
CY2012Q3	pmt	Mortgage Servicing Rights At Fair Value Addition Due To Sale Of Loan MortgageServicingRightsAtFairValueAdditionDueToSaleOfLoan	363000
CY2012Q3	pmt	Mortgage Servicing Rights Fair Value Additions MortgageServicingRightsFairValueAdditions	363000
CY2012Q3	pmt	Mortgage Servicing Rights Other Changes MortgageServicingRightsOtherChanges	64000
CY2012Q3	pmt	Mortgage Servicing Rights Valuation Adjustment MortgageServicingRightsValuationAdjustment	62000
CY2012Q3	pmt	Results Of Real Estate Acquired In Settlement Of Loans ResultsOfRealEstateAcquiredInSettlementOfLoans	1288000
CY2012Q3	pmt	Servicing Fees Contractually Specified ServicingFeesContractuallySpecified	3933000
CY2012Q3	pmt	Servicing Fees Received Loans Sold With Servicing Retained ServicingFeesReceivedLoansSoldWithServicingRetained	3933000
CY2012Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	75787000
CY2012Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	157333000
CY2012Q3	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	3849000
CY2012Q3	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	1000
CY2012Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	36760000
CY2012Q3	pmt	Reimbursement Of Common Overhead Incurred ReimbursementOfCommonOverheadIncurred	1244000
CY2012Q3	pmt	Reimbursement Of Expenses ReimbursementOfExpenses	555000
CY2012Q3	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	-16859000
CY2012Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred
CY2012Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	33962000
CY2012Q3	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	-10000
CY2012Q3	pmt	Purchases Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value PurchasesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	6000
CY2012Q3	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	3000
CY2012Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	1129000
CY2012Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0000	pure
CY2012Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0051	pure
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0261	pure
CY2012Q3	pmt	Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0242	pure
CY2012Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rate During Period NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRateDuringPeriod	0.0000	pure
CY2012Q3	pmt	Note Payable Secured By Mortgage Loans At Fair Value Weighted Average Interest Rates At Period End NotePayableSecuredByMortgageLoansAtFairValueWeightedAverageInterestRatesAtPeriodEnd	0.0000	pure
CY2012Q3	pmt	Fair Value Adjustments Contingent Consideration Recorded In Interest Expenses FairValueAdjustmentsContingentConsiderationRecordedInInterestExpenses	105850000
CY2012Q3	pmt	Repayment Of Mortgage Loan RepaymentOfMortgageLoan	252000
CY2012Q3	pmt	Transfer To Mortgage Loans Acquired For Sale TransferToMortgageLoansAcquiredForSale	78748000
CY2012Q3	pmt	Loan Originations Fees LoanOriginationsFees	2836000

Files In Submission

Name	View Source	Status
0001193125-12-462500-index-headers.html	Edgar Link	pending
0001193125-12-462500-index.html	Edgar Link	pending
0001193125-12-462500.txt	Edgar Link	pending
0001193125-12-462500-xbrl.zip	Edgar Link	pending
d401644d10q.htm	Edgar Link	pending
d401644dex1045.htm	Edgar Link	pending
d401644dex311.htm	Edgar Link	pending
d401644dex312.htm	Edgar Link	pending
d401644dex321.htm	Edgar Link	pending
d401644dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
pmt-20120930.xml	Edgar Link	completed
pmt-20120930.xsd	Edgar Link	pending
pmt-20120930_cal.xml	Edgar Link	unprocessable
pmt-20120930_def.xml	Edgar Link	unprocessable
pmt-20120930_lab.xml	Edgar Link	unprocessable
pmt-20120930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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$PMT
PennyMac Mortgage Investment Trust Stock $pmt

2012 Q4 Form 10-Q Financial Statement

#000119312512462500 Filed on November 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT PennyMac Mortgage Investment Trust Stock $pmt

2012 Q4 Form 10-Q Financial Statement

#000119312512462500 Filed on November 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT
PennyMac Mortgage Investment Trust Stock $pmt