$PMT
PennyMac Mortgage Investment Trust Stock $pmt

$pmt Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000119312514403607 Filed on November 07, 2014

Income Statement

Concept	2014 Q4	2014 Q3	2013 Q3
Revenue	$53.06M	$106.5M	$86.06M
YoY Change	-44.78%	23.78%	-5.34%
Cost Of Revenue	$53.70M	$59.50M	$57.10M
YoY Change	2.29%	4.2%	68.93%
Gross Profit	$21.30M	$69.10M	$48.50M
YoY Change	-66.67%	42.47%	-25.84%
Gross Profit Margin	40.14%	64.86%	56.35%
Selling, General & Admin	$3.700M	$3.800M	$4.400M
YoY Change	-19.57%	-13.64%	18.92%
% of Gross Profit	17.37%	5.5%	9.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$9.300M	$48.60M	$50.00M
YoY Change	1.09%	-2.8%	56.52%
Operating Profit	$12.00M	$20.50M	-$1.500M
YoY Change	-78.06%	-1466.73%	-104.48%
Interest Expense		$22.02M	$19.50M
YoY Change		12.94%	135.41%
% of Operating Profit		107.41%
Other Income/Expense, Net		$7.384M	$7.955M
YoY Change		-7.18%	191.93%
Pretax Income	$11.90M	$57.93M	$36.06M
YoY Change	-78.24%	60.64%	-38.85%
Income Tax	-$14.60M	$2.982M	-$3.639M
% Of Pretax Income	-122.69%	5.15%	-10.09%
Net Earnings	$26.51M	$54.95M	$39.70M
YoY Change	-49.69%	38.41%	-1.69%
Net Earnings / Revenue	49.97%	51.58%	46.13%
Basic Earnings Per Share	$0.35	$0.74	$0.61
Diluted Earnings Per Share	$0.34	$0.69	$0.57
COMMON SHARES
Basic Shares Outstanding	74.14M shares	74.14M shares	64.41M shares
Diluted Shares Outstanding		82.83M shares	73.12M shares

Balance Sheet

Concept	2014 Q4	2014 Q3	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$76.00M	$46.00M	$100.0M
YoY Change	181.48%	-54.0%	47.06%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables			$6.000M
Other Receivables			$77.00M
Total Short-Term Assets	$162.0M	$110.0M	$183.0M
YoY Change	74.19%	-39.89%	77.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$0.00	$0.00	$4.000M
YoY Change	-100.0%	-100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$493.0M	$1.077B
YoY Change		-54.22%	-47.23%
Other Assets
YoY Change
Total Long-Term Assets	$4.735B	$4.488B	$4.066B
YoY Change	12.46%	10.37%	82.69%
TOTAL ASSETS
Total Short-Term Assets	$162.0M	$110.0M	$183.0M
Total Long-Term Assets	$4.735B	$4.488B	$4.066B
Total Assets	$4.897B	$4.598B	$4.249B
YoY Change	13.8%	8.21%	82.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$24.00M	$21.00M	$20.00M
YoY Change	26.32%	5.0%	100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$1.686B
YoY Change	-100.0%	-100.0%	61.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$75.00M	$87.00M	$1.761B
YoY Change	-95.84%	-95.06%	63.06%
LONG-TERM LIABILITIES
Long-Term Debt	$430.0M	$417.0M	$944.0M
YoY Change	-55.11%	-55.83%
Other Long-Term Liabilities	$2.746B	$2.432B	$15.00M
YoY Change	22783.33%	16113.33%	-61.54%
Total Long-Term Liabilities	$3.176B	$2.849B	$959.0M
YoY Change	227.42%	197.08%	2358.97%
TOTAL LIABILITIES
Total Short-Term Liabilities	$75.00M	$87.00M	$1.761B
Total Long-Term Liabilities	$3.176B	$2.849B	$959.0M
Total Liabilities	$3.319B	$3.010B	$2.754B
YoY Change	16.71%	9.28%	140.67%
SHAREHOLDERS EQUITY
Retained Earnings	$97.73M	$117.1M	$111.0M
YoY Change	19.27%	5.53%	100.95%
Common Stock	$1.480B	$1.471B	$1.384B
YoY Change	6.88%	6.3%	22.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.578B	$1.588B	$1.495B
YoY Change
Total Liabilities & Shareholders Equity	$4.897B	$4.598B	$4.249B
YoY Change	13.6%	8.21%	82.47%

Cashflow Statement

Concept	2014 Q4	2014 Q3	2013 Q3
OPERATING ACTIVITIES
Net Income	$26.51M	$54.95M	$39.70M
YoY Change	-49.69%	38.41%	-1.69%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$17.40M	$182.4M	$8.400M
YoY Change	-90.81%	2071.43%	-102.13%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$280.3M	$195.5M	-$709.4M
YoY Change	4.01%	-127.56%	-976.89%
Cash From Investing Activities	-$280.3M	$195.5M	-$709.4M
YoY Change	4.01%	-127.56%	-976.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$249.4M
YoY Change			-30.18%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	292.8M	-369.3M	773.5M
YoY Change	3804.0%	-147.74%	118.75%
NET CHANGE
Cash From Operating Activities	17.40M	182.4M	8.400M
Cash From Investing Activities	-280.3M	195.5M	-709.4M
Cash From Financing Activities	292.8M	-369.3M	773.5M
Net Change In Cash	29.90M	8.600M	72.50M
YoY Change	-141.18%	-88.14%	81.7%
FREE CASH FLOW
Cash From Operating Activities	$17.40M	$182.4M	$8.400M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2009Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2900000
CY2014Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	74139570	shares
CY2013Q2	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	3839000
CY2013Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	1827000
CY2013Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	1537156000
CY2013Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	88682000
CY2013Q2	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	7668000
CY2013Q2	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	89000
CY2013Q2	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	228912000
CY2013Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0
CY2013Q3	us-gaap	Convertible Debt ConvertibleDebt	250000000
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	1494765000
CY2013Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	4052000
CY2013Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	1980058000
CY2013Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	10997000
CY2013Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	258678000
CY2013Q3	us-gaap	Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding	23717643000
CY2013Q3	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	3118139000
CY2013Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	2114620000
CY2013Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	277711000
CY2013Q3	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	3201000
CY2013Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	99693000
CY2013Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	7063000
CY2013Q3	us-gaap	Assets Assets	4249231000
CY2013Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	2101061000
CY2013Q3	us-gaap	Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue	67870000
CY2013Q3	us-gaap	Cash Cash	100064000
CY2013Q3	us-gaap	Delinquent Amount At End Of Period On Loans Managed And Securitized DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritized	58850000
CY2013Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	9142000
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties	23531815000
CY2013Q3	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	3509000
CY2013Q3	pmt	Weighted Average Yield WeightedAverageYield	0.039	pure
CY2013Q3	pmt	Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue	731717000
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Balance Of Mortgage Loans Subject To Pending Claims For Repurchase GuaranteeObligationsRecourseProvisionUnpaidBalanceOfMortgageLoansSubjectToPendingClaimsForRepurchase	9415000
CY2013Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore	8104000
CY2013Q3	pmt	Debt Instrument Unissued DebtInstrumentUnissued	366800000
CY2013Q3	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	262730000
CY2013Q3	pmt	Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings	17074000
CY2013Q3	pmt	Real Estate Owned Held In Subsidiary For Financing Purposes RealEstateOwnedHeldInSubsidiaryForFinancingPurposes	50796000
CY2013Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Thirty To Eighty Nine Days Delinquent DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedThirtyToEightyNineDaysDelinquent	50746000
CY2013Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Ninety Days Or More Not In Foreclosure DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedNinetyDaysOrMoreNotInForeclosure	4812000
CY2013Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Ninety Days Or More In Foreclosure DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedNinetyDaysOrMoreInForeclosure	3292000
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansIndemnified	0
CY2013Q3	pmt	Pledged Assets Separately Reported Mortgagebacked Securities Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedMortgagebackedSecuritiesPledgedAsCollateralAtFairValue	217491000
CY2014Q2	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	5428000
CY2014Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	46802000
CY2014Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	2404634000
CY2014Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	240471000
CY2014Q2	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	11876000
CY2014Q2	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	0
CY2014Q2	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	274110000
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	74139570	shares
CY2014Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	74139570	shares
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2014Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	2422557000
CY2014Q3	us-gaap	Assets Sold Under Agreements To Repurchase Carrying Amounts AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts	2272089000
CY2014Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	1889000
CY2014Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	45467000
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	741000
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	80493000
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	117111000
CY2014Q3	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	3938000
CY2014Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	1889000
CY2014Q3	us-gaap	Convertible Debt ConvertibleDebt	250000000
CY2014Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1470189000
CY2014Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	66208000
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	1588041000
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4604813000
CY2014Q3	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	21420000
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	5871000
CY2014Q3	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	2416686000
CY2014Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	4826000
CY2014Q3	us-gaap	Margin Deposit Assets MarginDepositAssets	44000
CY2014Q3	us-gaap	Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue	2273768000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	57871000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	287977000
CY2014Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	2418575000
CY2014Q3	us-gaap	Liabilities Liabilities	3016772000
CY2014Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2416686000
CY2014Q3	us-gaap	Management Fee Payable ManagementFeePayable	9623000
CY2014Q3	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability	0
CY2014Q3	us-gaap	Derivative Assets DerivativeAssets	10344000
CY2014Q3	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	267885000
CY2014Q3	us-gaap	Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding	32134609000
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	10344000
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	2416686000
CY2014Q3	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	3982000
CY2014Q3	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-984546000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	29570000
CY2014Q3	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	3288366000
CY2014Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	0
CY2014Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	2281732000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	25972000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	292803000
CY2014Q3	us-gaap	Servicing Asset ServicingAsset	345848000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	312196000
CY2014Q3	us-gaap	Assets Fair Value Disclosure Nonrecurring AssetsFairValueDisclosureNonrecurring	216734000
CY2014Q3	us-gaap	Cash Collateral For Borrowed Securities CashCollateralForBorrowedSecurities	0
CY2014Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	3982000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	23490000
CY2014Q3	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	8210000
CY2014Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	688850000
CY2014Q3	us-gaap	Other Assets OtherAssets	119847000
CY2014Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	275185000
CY2014Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	6156000
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	14282000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive	156073000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	28092000
CY2014Q3	us-gaap	Assets Assets	4604813000
CY2014Q3	us-gaap	Due From Affiliates DueFromAffiliates	4311000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	29606000
CY2014Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	2273768000
CY2014Q3	us-gaap	Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue	76561000
CY2014Q3	us-gaap	Short Term Investments ShortTermInvestments	37452000
CY2014Q3	us-gaap	Cash Cash	46487000
CY2014Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	2561911000
CY2014Q3	us-gaap	Delinquent Amount At End Of Period On Loans Managed And Securitized DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritized	119665000
CY2014Q3	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	244000000
CY2014Q3	pmt	Percentage Of Mortgage Loan Forward Purchase Agreement Originated PercentageOfMortgageLoanForwardPurchaseAgreementOriginated	0.00	pure
CY2014Q3	pmt	Borrowings Under Forward Purchase Agreement BorrowingsUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement RealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Amounts Due From Affiliates AmountsDueFromAffiliates	4300000
CY2014Q3	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	3570768000
CY2014Q3	pmt	Number Of Common Shares Held By Affiliate NumberOfCommonSharesHeldByAffiliate	75000	shares
CY2014Q3	pmt	Other Expenses Payable To Affiliate OtherExpensesPayableToAffiliate	3360000
CY2014Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	13235000
CY2014Q3	pmt	Contingent Underwriting Fees Payable ContingentUnderwritingFeesPayable	1495000
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties	32654307000
CY2014Q3	pmt	Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance	0
CY2014Q3	pmt	Asset Backed Secured Financing Liability Fair Value AssetBackedSecuredFinancingLiabilityFairValue	166841000
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Mortgage Loans At Fair Value Held By Variable Interest Entity MortgageLoansAtFairValueHeldByVariableInterestEntity	530809000
CY2014Q3	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.72	pure
CY2014Q3	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2014Q3	pmt	Servicing Advances ServicingAdvances	59325000
CY2014Q3	pmt	Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue	675659000
CY2014Q3	pmt	Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings	1679000
CY2014Q3	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Balance Of Mortgage Loans Subject To Pending Claims For Repurchase GuaranteeObligationsRecourseProvisionUnpaidBalanceOfMortgageLoansSubjectToPendingClaimsForRepurchase	19969000
CY2014Q3	pmt	Percentage Of Mortgage Loan Under Forward Purchase PercentageOfMortgageLoanUnderForwardPurchase	0.00	pure
CY2014Q3	pmt	Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore	32291000
CY2014Q3	pmt	Excess Spread Investment ExcessSpreadInvestment	187368000
CY2014Q3	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	664540000
CY2014Q3	pmt	Mortgage Servicing Assets Remeasured During Period MortgageServicingAssetsRemeasuredDuringPeriod	78176000
CY2014Q3	pmt	Servicing Fees Payable ServicingFeesPayable	6942000
CY2014Q3	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	292803000
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Remeasured During Period RealEstateAcquiredThroughForeclosureRemeasuredDuringPeriod	138558000
CY2014Q3	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.55	pure
CY2014Q3	pmt	Fair Value Unpaid Principal Of Underlying Loans Balance FairValueUnpaidPrincipalOfUnderlyingLoansBalance	5803275000
CY2014Q3	pmt	Mortgage Loans Under Forward Purchase Agreement At Fair Value MortgageLoansUnderForwardPurchaseAgreementAtFairValue	0
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings	56702000
CY2014Q3	pmt	Real Estate Owned Held In Subsidiary For Financing Purposes RealEstateOwnedHeldInSubsidiaryForFinancingPurposes	19858000
CY2014Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Thirty To Eighty Nine Days Delinquent DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedThirtyToEightyNineDaysDelinquent	87374000
CY2014Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Ninety Days Or More Not In Foreclosure DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedNinetyDaysOrMoreNotInForeclosure	20708000
CY2014Q3	pmt	Delinquent Amount At End Of Period On Loans Managed And Securitized Ninety Days Or More In Foreclosure DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritizedNinetyDaysOrMoreInForeclosure	11583000
CY2014Q3	pmt	Correspondent Production Outstanding Contractual Loan Commitments CorrespondentProductionOutstandingContractualLoanCommitments	838948000
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansIndemnified	4764000
CY2014Q3	pmt	Pledged Assets Separately Reported Mortgagebacked Securities Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedMortgagebackedSecuritiesPledgedAsCollateralAtFairValue	262378000
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	1201336000
CY2012Q4	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	7547000
CY2012Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	1346000
CY2012Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	1210796000
CY2012Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	88078000
CY2012Q4	us-gaap	Cash Cash	33756000
CY2012Q4	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	4441000
CY2012Q4	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	0
CY2012Q4	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	132977000
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	70458082	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	70458082	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	2049581000
CY2013Q4	us-gaap	Assets Sold Under Agreements To Repurchase Carrying Amounts AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts	2314324000
CY2013Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	1961000
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	705000
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	71561000
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	81941000
CY2013Q4	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	12986000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	1961000
CY2013Q4	us-gaap	Convertible Debt ConvertibleDebt	250000000
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1384468000
CY2013Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	59935000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1467114000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4310917000
CY2013Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	18636000
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	9976000
CY2013Q4	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	2039605000
CY2013Q4	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	2577000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	2041566000
CY2013Q4	us-gaap	Liabilities Liabilities	2843803000
CY2013Q4	us-gaap	Management Fee Payable ManagementFeePayable	8924000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability	0
CY2013Q4	us-gaap	Derivative Assets DerivativeAssets	7976000
CY2013Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	197401000
CY2013Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	-4971000
CY2013Q4	us-gaap	Cash Collateral For Borrowed Securities CashCollateralForBorrowedSecurities	0
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	8015000
CY2013Q4	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	458137000
CY2013Q4	us-gaap	Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue	2315313000
CY2013Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	26452000
CY2013Q4	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	264120000
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	7976000
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	2039605000
CY2013Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	8015000
CY2013Q4	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-1361026000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	0
CY2013Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	2461217000
CY2013Q4	us-gaap	Servicing Asset ServicingAsset	290572000
CY2013Q4	us-gaap	Assets Fair Value Disclosure Nonrecurring AssetsFairValueDisclosureNonrecurring	254870000
CY2013Q4	us-gaap	Other Assets OtherAssets	66192000
CY2013Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	138942000
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	20962000
CY2013Q4	us-gaap	Assets Assets	4310917000
CY2013Q4	us-gaap	Due From Affiliates DueFromAffiliates	6009000
CY2013Q4	us-gaap	Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue	89404000
CY2013Q4	us-gaap	Short Term Investments ShortTermInvestments	92398000
CY2013Q4	us-gaap	Cash Cash	27411000
CY2013Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	2600317000
CY2013Q4	us-gaap	Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans	4637608000
CY2013Q4	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	238400000
CY2013Q4	pmt	Percentage Of Mortgage Loan Forward Purchase Agreement Originated PercentageOfMortgageLoanForwardPurchaseAgreementOriginated	0.25	pure
CY2013Q4	pmt	Borrowings Under Forward Purchase Agreement BorrowingsUnderForwardPurchaseAgreement	226580000
CY2013Q4	pmt	Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement RealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement	9138000
CY2013Q4	pmt	Amounts Due From Affiliates AmountsDueFromAffiliates	6000000
CY2013Q4	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	3857739000
CY2013Q4	pmt	Number Of Common Shares Held By Affiliate NumberOfCommonSharesHeldByAffiliate	75000	shares
CY2013Q4	pmt	Other Expenses Payable To Affiliate OtherExpensesPayableToAffiliate	2009000
CY2013Q4	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	10110000
CY2013Q4	pmt	Contingent Underwriting Fees Payable ContingentUnderwritingFeesPayable	1788000
CY2013Q4	pmt	Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance	332484000
CY2013Q4	pmt	Asset Backed Secured Financing Liability Fair Value AssetBackedSecuredFinancingLiabilityFairValue	165415000
CY2013Q4	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	9138000
CY2013Q4	pmt	Mortgage Loans At Fair Value Held By Variable Interest Entity MortgageLoansAtFairValueHeldByVariableInterestEntity	523652000
CY2013Q4	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.72	pure
CY2013Q4	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2013Q4	pmt	Servicing Advances ServicingAdvances	59573000
CY2013Q4	pmt	Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue	454210000
CY2013Q4	pmt	Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings	989000
CY2013Q4	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2013Q4	pmt	Percentage Of Mortgage Loan Under Forward Purchase PercentageOfMortgageLoanUnderForwardPurchase	0.72	pure
CY2013Q4	pmt	Excess Spread Investment ExcessSpreadInvestment	138723000
CY2013Q4	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	447386000
CY2013Q4	pmt	Mortgage Servicing Assets Remeasured During Period MortgageServicingAssetsRemeasuredDuringPeriod	184067000
CY2013Q4	pmt	Servicing Fees Payable ServicingFeesPayable	5915000
CY2013Q4	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	266697000
CY2013Q4	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements Remeasured During Period RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreementsRemeasuredDuringPeriod	7760000
CY2013Q4	pmt	Real Estate Acquired Through Foreclosure Remeasured During Period RealEstateAcquiredThroughForeclosureRemeasuredDuringPeriod	63043000
CY2013Q4	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.61	pure
CY2013Q4	pmt	Fair Value Unpaid Principal Of Underlying Loans Balance FairValueUnpaidPrincipalOfUnderlyingLoansBalance	2393321000
CY2013Q4	pmt	Fair Value Option Loans Held As Assets Aggregate Fair Value FairValueOptionLoansHeldAsAssetsAggregateFairValue	3276582000
CY2013Q4	pmt	Mortgage Loans Under Forward Purchase Agreement At Fair Value MortgageLoansUnderForwardPurchaseAgreementAtFairValue	218128000
CY2013Q3	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	537000000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.29
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	4726000	shares
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.078	pure
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	363000	shares
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	66308000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-432165000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	248753	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	250948	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	65898000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.40
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.71
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-273000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	60809000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	261595000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	0
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	12321000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	199558000
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	0
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	150951000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	34073000
	us-gaap	Interest Income Other InterestIncomeOther	196000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-6137000
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-4863000
	us-gaap	Gain Loss On Investments GainLossOnInvestments	159900000
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	4066000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	0
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	25984356000
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	41919000
	us-gaap	Payments Of Dividends PaymentsOfDividends	107405000
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	779015000
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	1881000
	us-gaap	Other Operating Income OtherOperatingIncome	10148000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	12472000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	22314000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	159906000
	us-gaap	Transfer Of Loans Held For Sale To Portfolio Loans1 TransferOfLoansHeldForSaleToPortfolioLoans1	536776000
	us-gaap	Other Income OtherIncome	2841000
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	345000
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	84748000
	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-31245000
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	120729000
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1988000
	us-gaap	Servicing Fees Net ServicingFeesNet	20562000
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	340000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-133302000
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	34158000
	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	3495000
	us-gaap	Payments For Underwriting Expense PaymentsForUnderwritingExpense	1803000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	7425000
	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	94606000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-4716000
	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	5356000
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	7688000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	202645000
	us-gaap	Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale	0
	us-gaap	Revenues Revenues	309431000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	145838000
	us-gaap	Net Income Loss NetIncomeLoss	147494000
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	3457000
	us-gaap	Interest Paid InterestPaid	58290000
	us-gaap	Interest Income Operating InterestIncomeOperating	78950000
	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	28150000
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-7435000
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	158800000
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	37175000
	us-gaap	Interest Expense InterestExpense	44877000
	us-gaap	Operating Expenses OperatingExpenses	149525000
	us-gaap	Professional Fees ProfessionalFees	5872000
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	9924000
	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	148186000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	362000
	us-gaap	Debt Related Commitment Fees And Debt Issuance Costs DebtRelatedCommitmentFeesAndDebtIssuanceCosts	7400000
	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	5000000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	18524000
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5819000
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1656000
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	0
	us-gaap	Real Estate Owned Valuation Allowance Provision1 RealEstateOwnedValuationAllowanceProvision1	16079000
	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
	us-gaap	Cash Flows Between Transferee And Transferor Proceeds From New Transfers CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers	13229726000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12412000
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	98103000
	us-gaap	Interest Expense Other InterestExpenseOther	1913000
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	34990000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1257988000
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	12321000
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	35015000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-759515000
	us-gaap	Other Expenses OtherExpenses	18472000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	261595000
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-64000
	us-gaap	Affiliate Costs AffiliateCosts	12126000
	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	5961000
	us-gaap	Management Fee Expense ManagementFeeExpense	23486000
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	250000000
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-209000
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	18433000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-12434000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	0
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	13229726000
	us-gaap	Share Based Compensation ShareBasedCompensation	4066000
	us-gaap	Dividends Common Stock DividendsCommonStock	107405000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	1041475000
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	8414000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	27251000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	17200000
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	30163000
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	193914000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	68625000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	18618000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans	0
	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	446869000
	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	8644000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements	3604000
	pmt	Gain Loss On Excess Servicing Spread GainLossOnExcessServicingSpread	29000
	pmt	Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale	53397000
	pmt	Repayments Of Assets Sold Under Agreements To Repurchase RepaymentsOfAssetsSoldUnderAgreementsToRepurchase	25103532000
	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	65000
	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	141026000
	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	717877000
	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	3686000
	pmt	Accrual Of Interest On Excess Spread Investment AccrualOfInterestOnExcessSpreadInvestment	0
	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	3686000
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	12247940000
	pmt	Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates	12429698000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest	25017000
	pmt	Loan Originations Fees LoanOriginationsFees	14784000
	pmt	Mortgage Servicing Rights Fair Value Purchases MortgageServicingRightsFairValuePurchases	1881000
	pmt	Gain Loss On Sale Of Investment GainLossOnSaleOfInvestment	1100000
	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	2013000
	pmt	Interest Rate Lock Commitments Issued Net InterestRateLockCommitmentsIssuedNet	71195000
	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	443183000
	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-47803000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	82000
	pmt	Capitalization Of Interest And Advances On Mortgage Loans At Fair Value CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue	25017000
	pmt	Interest Income On Mortgage Financings InterestIncomeOnMortgageFinancings	48300000
	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	17199000
	pmt	Increase Decrease In Servicing Advances IncreaseDecreaseInServicingAdvances	13051000
	pmt	Interest Income Debt Securities InterestIncomeDebtSecurities	162000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans At Fair Value TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoansAtFairValue	13018000
	pmt	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodFairValue	5200000
	pmt	Proceeds From Sale Of Assets Under Agreements To Repurchase ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase	25827489000
	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	2828000
	pmt	Asset Backed Secured Financing Interest Expense AssetBackedSecuredFinancingInterestExpense	0
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	156229000
	pmt	Mortgage Loans Sold To Affiliates Unpaid Principal Balance MortgageLoansSoldToAffiliatesUnpaidPrincipalBalance	12429698000
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-22155000
	pmt	Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts	6280000
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	-10000
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0250	pure
	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	-8191000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	65000
	pmt	Real Estate Acquired Settlement Of Loan Under Forward Purchase Agreement Gains Losses Recognized RealEstateAcquiredSettlementOfLoanUnderForwardPurchaseAgreementGainsLossesRecognized	-29000
	pmt	Transfers To Reo TransfersToReo	114000
	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	1024404000
	pmt	Proceeds From Asset Backed Secured Financing ProceedsFromAssetBackedSecuredFinancing	170008000
	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	31000
	pmt	Base Management Fee BaseManagementFee	14043000
	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0026	pure
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	1456278000
	pmt	Excess Servicing Spread Rebate From Affiliates ExcessServicingSpreadRebateFromAffiliates	0
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	-8033000
	pmt	Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates	0
	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	5961000
	pmt	Loans Fulfilled By Affiliate Unpaid Principal Balance LoansFulfilledByAffiliateUnpaidPrincipalBalance	12792482000
	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	114000
	pmt	Gain Loss On Agency Debt Security GainLossOnAgencyDebtSecurity	578000
	pmt	Interest Income Excess Servicing Spread InterestIncomeExcessServicingSpread	0
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements	245389000
	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	1028090000
	pmt	Related Party Incentive Fee Expense RelatedPartyIncentiveFeeExpense	9443000
	pmt	Payments To Purchase Agency Debt Securities PaymentsToPurchaseAgencyDebtSecurities	12000000
	pmt	Reimbursement Of Common Overhead Incurred By Affiliate ReimbursementOfCommonOverheadIncurredByAffiliate	8359000
	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	119362000
	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	1457000
	pmt	Reimbursement Of Expenses To Affiliate ReimbursementOfExpensesToAffiliate	3767000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	11211000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
	pmt	Repayments Of Excess Servicing Spread Investment RepaymentsOfExcessServicingSpreadInvestment	0
	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	0
	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	8043000
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	116957000
	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	-41000
	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-7477000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	4701000
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	3604000
	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders	1891000
	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	3604000
	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-102057000
	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-207912000
	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-18977000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	8000000
	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-4725000
	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	115562000
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2802193000
	pmt	Transfer Mortgage Loans Financed To Reo Financed TransferMortgageLoansFinancedToReoFinanced	25141000
	pmt	Accrual Of Costs Related To Forward Purchase Agreement AccrualOfCostsRelatedToForwardPurchaseAgreement	3420000
	pmt	Servicing Asset At Amortized Cost Additions From Loan Sales ServicingAssetAtAmortizedCostAdditionsFromLoanSales	148186000
	pmt	Debt Instrument Amount Repurchased DebtInstrumentAmountRepurchased	6895000
	pmt	Mortgage Loan Sourcing Fees From Affiliate MortgageLoanSourcingFeesFromAffiliate	3563000
	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	586000
	pmt	Interest Expense Borrowings Under Forward Purchase Agreements InterestExpenseBorrowingsUnderForwardPurchaseAgreements	2013000
	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	160109000
	pmt	Payments To Purchase Mortgage Loans Held For Sale Affiliates PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates	12339000
	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	20070127000
	pmt	Guarantee Obligations Recourse Provision Losses Charged To Liability For Representations And Warranties GuaranteeObligationsRecourseProvisionLossesChargedToLiabilityForRepresentationsAndWarranties	0
	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loan Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoanIndemnified	0
	pmt	Net Gain Loss On Investments NetGainLossOnInvestments	159900000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.13
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8401000	shares
	dei	Document Type DocumentType	10-Q
	dei	Entity Registrant Name EntityRegistrantName	PennyMac Mortgage Investment Trust
	dei	Trading Symbol TradingSymbol	PMT
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Note 32—Recently Issued Accounting Pronouncements</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 8%"> In January of 2014, the FASB issued Accounting Standard Update (“ASU”) No 2014-04, <i>Receivables: Troubled Debt Restructuring by Creditors Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure </i>(“ASU 2014-04”) to the <i>Troubled Debt Restructuring</i> subtopic of the <i>Receivables</i> topic of the ASC</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-04 clarifies when a creditor should be considered to have received physical possession of residential real estate collateralizing a mortgage loan and the mortgage loan derecognized in the receivable and recognized as real estate property. ASU 2014-04 specifies that an in substance repossession occurs when either the creditor has obtained the legal title to the property after a foreclosure or the borrower has transferred all interest in the property to the creditor through a deed in lieu of foreclosure or similar legal agreement so that at that time the asset should be reclassified from <i>Mortgage loans at fair value</i> to <i>Real estate acquired in settlement of loans</i>.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-04 also provides that a disclosure of the amount of <i>Real estate acquired in settlement of loans</i> and the recorded investment in <i>Mortgage loans at fair value</i> that are in the process of foreclosure must be included in both interim and annual financial statements.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px">  </p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 8%"> ASU 2014-04 is effective for all year-end and interim periods beginning after December 15, 2014. The adoption of ASU 2014-04 is not expected to have a material effect on the Company’s consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> In May of 2014, the FASB issued ASU No 2014-09, <i>Revenue from Contracts with Customers</i> (“ASU 2014-09”) to the <i>Revenue from Contracts with Customers</i> topic of the ASC. ASU 2014-09 was issued to standardize revenue recognition between public and private companies as well as across industries in an effort to more closely align U.S. GAAP revenue recognition with international standards to provide a more comparable revenue number for the users of the financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-09 specifies that for all contracts, revenue should be recognized when or as the entity satisfies a performance obligation. Revenue is recognized either over a period or at one point in time in accordance with how the control of the service or good is transferred.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-09 is effective for all year-end and interim periods beginning after December 15, 2016 and early application is not permitted. The Company is evaluating the adoption of ASU 2014-09 and the effect that ASU 2014-09 will have on its consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> In June of 2014, the FASB issued ASU No. 2014-11, <i>Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures</i> (“ASU 2014-11”) to the <i>Transfers and Servicing</i> topic of the ASC. The amendments in ASU 2014-11 require two accounting changes. First, the amendments in ASU 2014-11 change the accounting for repurchase-to-maturity transactions to secured borrowing accounting. Second, for repurchase financing arrangements, the amendments require separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-11 requires disclosures for certain transactions comprising (1) a transfer of a financial asset accounted for as a sale and (2) an agreement with the same transferee entered into in contemplation of the initial transfer that results in the transferor retaining substantially all of the exposure to the economic return on the transferred financial asset throughout the term of the transaction. ASU 2014-11 also specifies certain disclosure requirements for those transactions outstanding at the reporting date and for repurchase agreements, securities lending transactions and repurchase-to-maturity transactions, the transferor is required to make certain disclosures by type of transaction.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-11 is effective for the annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of ASU 2014-11 is not expected to have a material effect on the Company’s consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> In August of 2014, FASB issued ASU 2014-15, <i>Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern</i> (“ASU 2014-15”) to the <i>Going Concern</i> subtopic of the <i>Presentation of Financial Statements</i> topic of the ASC. ASU 2014-15 requires that when management identifies conditions or events that raise substantial doubt about an entity’s ability to continue as a going concern, management should consider whether its plans that are intended to mitigate those relevant conditions or events will alleviate the substantial doubt.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-15 requires that if conditions or events raise substantial doubt about an entity’s ability to continue as a going concern, but the substantial doubt is alleviated as a result of consideration of management’s plans, the entity should include a statement in the notes to its financial statements that enables users of the financial statements to understand all of the following:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">a.</td> <td valign="top" align="left">Principal conditions or events that raised substantial doubt about the entity’s ability to continue as a going concern (before consideration of management’s plans)</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">b.</td> <td valign="top" align="left">Management’s evaluation of the significance of those conditions or events in relation to the entity’s ability to meet its obligations</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">c.</td> <td valign="top" align="left">Management’s plans that alleviated substantial doubt about the entity’s ability to continue as a going concern.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> If conditions or events raise substantial doubt about an entity’s ability to continue as a going concern, and substantial doubt is not alleviated after consideration of management’s plans, an entity should include a statement in the notes to its financial statements indicating that there is substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or available to be issued). The entity should disclose information that enables users of the financial statements to understand all of the following:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">a.</td> <td valign="top" align="left">Principal conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern</td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 6px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">b.</td> <td valign="top" align="left">Management’s evaluation of the significance of those conditions or events in relation to the entity’s ability to meet its obligations</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="5%" align="left">c.</td> <td valign="top" align="left">Management’s plans that are intended to mitigate the conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The adoption of ASU 2014-15 is not expected to have a material effect on the Company’s consolidated financial statements.</p> </div>
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.003	pure
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	323000	shares
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	19076000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-383396000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	230716	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	300131	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	3447022	shares
	dei	Document Period End Date DocumentPeriodEndDate	2014-09-30
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81978000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.28
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Central Index Key EntityCentralIndexKey	0001464423
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.79
	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> Following is a summary of maturities of outstanding assets sold under agreements to repurchase by maturity date:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="84%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom" nowrap="nowrap"> <p style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'; BORDER-BOTTOM: rgb(0,0,0) 1pt solid; WIDTH: 147.85pt"> <b>Remaining Maturity at September 30, 2014</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Balance</b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2" align="center"> <b>(in thousands)</b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Within 30 days</p> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">435,316</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 30 to 90 days</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">859,651</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 90 days to 180 days</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">429,498</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 180 days to 1 year</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">692,221</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">  </font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,416,686</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average maturity (in months)</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">  </font></td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.5</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> </table> </div>
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> Because of the Company’s investment focus, PMT is exposed, to a greater extent than traditional mortgage investors, to the risks that borrowers may be in economic distress and/or may have become unemployed, bankrupt or otherwise unable or unwilling to make payments when due, and to the effects of fluctuations in the residential real estate market on the performance of its investments. Factors influencing these risks include, but are not limited to:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">changes in the overall economy and unemployment rates and residential real estate values in the markets where the properties securing the Company’s mortgage loans are located;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">PCM’s ability to identify and the Servicer’s ability to execute optimal resolutions of problem mortgage loans;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">the accuracy of valuation information obtained during the Company’s due diligence activities;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">PCM’s ability to effectively model, and to develop appropriate model assumptions that properly anticipate, future outcomes;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">the level of government support for problem loan resolution and the effect of current and future proposed and enacted legislative and regulatory changes on the Company’s ability to effect cures or resolutions to distressed loans; and</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 6pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">regulatory, judicial and legislative support of the foreclosure process, and the resulting effect on the Company’s ability to acquire and liquidate the real estate securing its portfolio of distressed mortgage loans in a timely manner or at all.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> Due to these uncertainties, there can be no assurance that risk management activities identified and executed on PMT’s behalf will prevent significant losses arising from the Company’s investments in real estate-related assets.</p> </div>
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-8398000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	73254000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	82453000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	137000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	6161000
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1052000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	73922000
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	7879000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	174270000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	65440000
	us-gaap	Interest Income Other InterestIncomeOther	38000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-6782000
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-5876000
	us-gaap	Gain Loss On Investments GainLossOnInvestments	186109000
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	4356000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	905000
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	20759885000
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-54946000
	us-gaap	Payments Of Dividends PaymentsOfDividends	128966000
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	283017000
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	0
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	166673000
	us-gaap	Net Income Loss NetIncomeLoss	168033000
	us-gaap	Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale	-7258000
	us-gaap	Revenues Revenues	303681000
	us-gaap	Other Operating Income OtherOperatingIncome	-4282000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	70252000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	350000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	167524000
	us-gaap	Transfer Of Loans Held For Sale To Portfolio Loans1 TransferOfLoansHeldForSaleToPortfolioLoans1	0
	us-gaap	Other Income OtherIncome	6330000
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	5657000
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	29702000
	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-56881000
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	99374000
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	3532000
	us-gaap	Servicing Fees Net ServicingFeesNet	26712000
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	462000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-174855000
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	54396000
	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	-2249000
	us-gaap	Payments For Underwriting Expense PaymentsForUnderwritingExpense	1295000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0
	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	72975000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-2163000
	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	6096000
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	803000
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	6237000
	us-gaap	Interest Paid InterestPaid	68443000
	us-gaap	Interest Income Operating InterestIncomeOperating	129100000
	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	16911000
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-23427000
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	210981000
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	56988000
	us-gaap	Interest Expense InterestExpense	63660000
	us-gaap	Operating Expenses OperatingExpenses	136157000
	us-gaap	Professional Fees ProfessionalFees	6348000
	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	899000
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	39954000
	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	49276000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	685000
	us-gaap	Debt Related Commitment Fees And Debt Issuance Costs DebtRelatedCommitmentFeesAndDebtIssuanceCosts	7400000
	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	5700000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	6273000
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	6668000
	us-gaap	Affiliate Costs AffiliateCosts	8852000
	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	10763000
	us-gaap	Management Fee Expense ManagementFeeExpense	26609000
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	367049000
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	3076000
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-3424000
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	23170000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6038000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	9830000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	8534637000
	us-gaap	Share Based Compensation ShareBasedCompensation	4356000
	us-gaap	Dividends Common Stock DividendsCommonStock	132863000
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1360000
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	137000
	us-gaap	Real Estate Owned Valuation Allowance Provision1 RealEstateOwnedValuationAllowanceProvision1	32912000
	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
	us-gaap	Cash Flows Between Transferee And Transferor Proceeds From New Transfers CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers	8534637000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-509000
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	124794000
	us-gaap	Interest Expense Other InterestExpenseOther	2276000
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	43496000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	94195000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	81600000
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1052000
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	52704000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	308277000
	us-gaap	Other Expenses OtherExpenses	18604000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	82453000
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-4974000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	41096000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	30285000
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	31620000
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	532375000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	36832000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	227866000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans	0
	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	26805000
	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	9485000
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements	9802000
	pmt	Gain Loss On Excess Servicing Spread GainLossOnExcessServicingSpread	-17834000
	pmt	Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale	54495000
	pmt	Repayments Of Assets Sold Under Agreements To Repurchase RepaymentsOfAssetsSoldUnderAgreementsToRepurchase	25732035000
	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	5365000
	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	3784142000
	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	3117000
	pmt	Accrual Of Interest On Excess Spread Investment AccrualOfInterestOnExcessSpreadInvestment	9578000
	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	68000
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	4518100000
	pmt	Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates	11947251000
	pmt	Fair Value Weighted Average Coupon Interest Rate FairValueWeightedAverageCouponInterestRate	0.0478	pure
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements	545673000
	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest	40805000
	pmt	States Contributing Five Percentage Of Mortgage Loans StatesContributingFivePercentageOfMortgageLoans	New York Florida New Jersey
	pmt	Loan Originations Fees LoanOriginationsFees	13288000
	pmt	Mortgage Servicing Rights Fair Value Purchases MortgageServicingRightsFairValuePurchases	0
	pmt	Gain Loss On Sale Of Investment GainLossOnSaleOfInvestment	-17614000
	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	2364000
	pmt	Interest Rate Lock Commitments Issued Net InterestRateLockCommitmentsIssuedNet	45800000
	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	26737000
	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-56544000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	3049000
	pmt	Capitalization Of Interest And Advances On Mortgage Loans At Fair Value CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue	40805000
	pmt	Interest Income On Mortgage Financings InterestIncomeOnMortgageFinancings	92870000
	pmt	Amortized Cost Weighted Average Coupon Interest Rate AmortizedCostWeightedAverageCouponInterestRate	0.0377	pure
	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	30285000
	pmt	Mortgage Loans Description MortgageLoansDescription	Pools with 50 basis point interest rate
	pmt	Increase Decrease In Servicing Advances IncreaseDecreaseInServicingAdvances	14347000
	pmt	Mortgage Servicing Rights Fair Value Option Threshold Loan Interest Rate MortgageServicingRightsFairValueOptionThresholdLoanInterestRate	0.045	pure
	pmt	Interest Income Debt Securities InterestIncomeDebtSecurities	0
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans At Fair Value TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoansAtFairValue	205902000
	pmt	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodFairValue	6000000
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd	26459404000
	pmt	Proceeds From Sale Of Assets Under Agreements To Repurchase ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase	26109117000
	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	82646000
	pmt	Asset Backed Secured Financing Interest Expense AssetBackedSecuredFinancingInterestExpense	4762000
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	89230000
	pmt	Mortgage Loans Sold To Affiliates Unpaid Principal Balance MortgageLoansSoldToAffiliatesUnpaidPrincipalBalance	11947251000
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-8999000
	pmt	Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts	7298000
	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	306000
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0218	pure
	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	-24027000
	pmt	Termination Fees Description TerminationFeesDescription	The termination fee is equal to three times the sum of (a) the average annual base management fee, and (b) the average annual performance incentive fee earned by PFSI, in each case during the 24-month period before termination.
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	5365000
	pmt	Real Estate Acquired Settlement Of Loan Under Forward Purchase Agreement Gains Losses Recognized RealEstateAcquiredSettlementOfLoanUnderForwardPurchaseAgreementGainsLossesRecognized	0
	pmt	Transfers To Reo TransfersToReo	12737000
	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	284403000
	pmt	Proceeds From Asset Backed Secured Financing ProceedsFromAssetBackedSecuredFinancing	0
	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	779000
	pmt	Base Management Fee BaseManagementFee	17392000
	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	2186135000
	pmt	Excess Servicing Spread Rebate From Affiliates ExcessServicingSpreadRebateFromAffiliates	6558000
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	4140000
	pmt	Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates	6093000
	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	10763000
	pmt	Loans Fulfilled By Affiliate Unpaid Principal Balance LoansFulfilledByAffiliateUnpaidPrincipalBalance	8588955000
	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	12737000
	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	287520000
	pmt	Related Party Incentive Fee Expense RelatedPartyIncentiveFeeExpense	9217000
	pmt	Stock Issued During Period Shares Price Per Share StockIssuedDuringPeriodSharesPricePerShare	23.92
	pmt	Payments To Purchase Agency Debt Securities PaymentsToPurchaseAgencyDebtSecurities	0
	pmt	Reimbursement Of Common Overhead Incurred By Affiliate ReimbursementOfCommonOverheadIncurredByAffiliate	8181000
	pmt	Amount Of Incentive Distribution Rights Earned AmountOfIncentiveDistributionRightsEarned	100
	pmt	Gain Loss On Agency Debt Security GainLossOnAgencyDebtSecurity	0
	pmt	Interest Income Excess Servicing Spread InterestIncomeExcessServicingSpread	9578000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements	2828000
	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	104537000
	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	3584000
	pmt	Reimbursement Of Expenses To Affiliate ReimbursementOfExpensesToAffiliate	671000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	5000000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
	pmt	Repayments Of Excess Servicing Spread Investment RepaymentsOfExcessServicingSpreadInvestment	-25280000
	pmt	Initial Interest Rates InitialInterestRates	More than 4.5%
	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-23900000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	3125000
	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	517000
	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	39954000
	pmt	Sourcing Fee On Unpaid Principal Balance SourcingFeeOnUnpaidPrincipalBalance	0.0003	pure
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	268677000
	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	-473000
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	9369000
	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders	10109000
	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	-68000
	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-117974000
	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-21540000
	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	142000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	6413000
	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-26276000
	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	253649000
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2700586000
	pmt	Transfer Mortgage Loans Financed To Reo Financed TransferMortgageLoansFinancedToReoFinanced	3491000
	pmt	Accrual Of Costs Related To Forward Purchase Agreement AccrualOfCostsRelatedToForwardPurchaseAgreement	-168000
	pmt	Servicing Asset At Amortized Cost Additions From Loan Sales ServicingAssetAtAmortizedCostAdditionsFromLoanSales	49276000
	pmt	Percentage Of Taxable Income For Distribution PercentageOfTaxableIncomeForDistribution	0.90	pure
	pmt	Basis Point For Mortgage Loan BasisPointForMortgageLoan	0.0050	pure
	pmt	Debt Instrument Amount Repurchased DebtInstrumentAmountRepurchased	15296000
	pmt	Mortgage Loan Sourcing Fees From Affiliate MortgageLoanSourcingFeesFromAffiliate	3401000
	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	9000
CY2013	pmt	States Contributing Five Percentage Of Mortgage Loans Under Forward Purchase Agreements StatesContributingFivePercentageOfMortgageLoansUnderForwardPurchaseAgreements	New Jersey Washington New York Maryland
CY2013	pmt	Fair Value Weighted Average Coupon Interest Rate FairValueWeightedAverageCouponInterestRate	0.0478	pure
CY2013	pmt	States Contributing Five Percentage Of Mortgage Loans StatesContributingFivePercentageOfMortgageLoans	New York Florida New Jersey
CY2013	pmt	Amortized Cost Weighted Average Coupon Interest Rate AmortizedCostWeightedAverageCouponInterestRate	0.0368	pure
CY2013	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd	23399612000
CY2013	pmt	Weightedaverage Servicing Fee Rate Amortized Cost WeightedaverageServicingFeeRateAmortizedCost	0.0026	pure
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.57
	pmt	Excess Servicing Spread Recapture Revenue ExcessServicingSpreadRecaptureRevenue	6093000
	pmt	Interest Expense Borrowings Under Forward Purchase Agreements InterestExpenseBorrowingsUnderForwardPurchaseAgreements	2363000
	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-35004000
	pmt	Payments To Purchase Mortgage Loans Held For Sale Affiliates PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates	4955000
	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	29531733000
	pmt	Guarantee Obligations Recourse Provision Losses Charged To Liability For Representations And Warranties GuaranteeObligationsRecourseProvisionLossesChargedToLiabilityForRepresentationsAndWarranties	0
	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loan Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoanIndemnified	4227000
	pmt	Net Gain Loss On Investments NetGainLossOnInvestments	186109000
	pmt	Weightedaverage Servicing Fee Rate Amortized Cost WeightedaverageServicingFeeRateAmortizedCost	0.0026	pure
CY2013	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0026	pure
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8379000	shares
CY2013Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.101	pure
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	337000	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	75830	shares
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73121000	shares
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.57
CY2013Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-465000
CY2013Q3	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	35086000
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64405000	shares
CY2013Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	41776000
CY2013Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	15781000
CY2013Q3	us-gaap	Interest Income Other InterestIncomeOther	36000
CY2013Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-4863000
CY2013Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	49086000
CY2013Q3	us-gaap	Other Operating Income OtherOperatingIncome	3505000
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	36062000
CY2013Q3	us-gaap	Other Income OtherIncome	1241000
CY2013Q3	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	345000
CY2013Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	11031000
CY2013Q3	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-18801000
CY2013Q3	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	51599000
CY2013Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	0
CY2013Q3	us-gaap	Servicing Fees Net ServicingFeesNet	6659000
CY2013Q3	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	252000
CY2013Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-52969000
CY2013Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	13687000
CY2013Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	-212000
CY2013Q3	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	29315000
CY2013Q3	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	5356000
CY2013Q3	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	8378000
CY2013Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements	67404000
CY2013Q3	us-gaap	Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale	0
CY2013Q3	us-gaap	Revenues Revenues	86062000
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39327000
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	39701000
CY2013Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2075000
CY2013Q3	us-gaap	Interest Income Operating InterestIncomeOperating	35278000
CY2013Q3	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	12535000
CY2013Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-2253000
CY2013Q3	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	47986000
CY2013Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	14451000
CY2013Q3	us-gaap	Interest Expense InterestExpense	19497000
CY2013Q3	us-gaap	Operating Expenses OperatingExpenses	50000000
CY2013Q3	us-gaap	Professional Fees ProfessionalFees	2149000
CY2013Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	9635000
CY2013Q3	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	41018000
CY2013Q3	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	218000
CY2013Q3	us-gaap	Debt Related Commitment Fees And Debt Issuance Costs DebtRelatedCommitmentFeesAndDebtIssuanceCosts	2700000
CY2013Q3	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	2000000
CY2013Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	2292000
CY2013Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	374000
CY2013Q3	us-gaap	Real Estate Owned Valuation Allowance Provision1 RealEstateOwnedValuationAllowanceProvision1	5012000
CY2013Q3	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
CY2013Q3	us-gaap	Cash Flows Between Transferee And Transferor Proceeds From New Transfers CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers	4185246000
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3639000
CY2013Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Uncommitted SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted	473547000
CY2013Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest	13203000
CY2013Q3	pmt	Loan Originations Fees LoanOriginationsFees	4559000
CY2013Q3	pmt	Mortgage Servicing Rights Fair Value Purchases MortgageServicingRightsFairValuePurchases	1696000
CY2013Q3	pmt	Gain Loss On Sale Of Investment GainLossOnSaleOfInvestment	1100000
CY2013Q3	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	1763000
CY2013Q3	pmt	Interest Rate Lock Commitments Issued Net InterestRateLockCommitmentsIssuedNet	16299000
CY2013Q3	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2013Q3	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	5445000
CY2013Q3	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	82000
CY2013Q3	pmt	Interest Income On Mortgage Financings InterestIncomeOnMortgageFinancings	20751000
CY2013Q3	us-gaap	Interest Expense Other InterestExpenseOther	694000
CY2013Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	13464000
CY2013Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	14107000
CY2013Q3	us-gaap	Other Expenses OtherExpenses	7955000
CY2013Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-366000
CY2013Q3	us-gaap	Affiliate Costs AffiliateCosts	4486000
CY2013Q3	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	3577000
CY2013Q3	us-gaap	Management Fee Expense ManagementFeeExpense	8539000
CY2013Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-99000
CY2013Q3	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	7201000
CY2013Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	597494000
CY2013Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	10738000
CY2013Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	12396000
CY2013Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	18327000
CY2013Q3	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	18618000
CY2013Q3	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	3597000
CY2013Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0214	pure
CY2013Q3	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
CY2013Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	2759000
CY2013Q3	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements	3515000
CY2013Q3	pmt	Gain Loss On Excess Servicing Spread GainLossOnExcessServicingSpread	29000
CY2013Q3	pmt	Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale	-7273000
CY2013Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Committed SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityCommitted	1359746000
CY2013Q3	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	65000
CY2013Q3	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
CY2013Q3	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	707891000
CY2013Q3	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	3597000
CY2013Q3	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	3597000
CY2013Q3	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	3404274000
CY2013Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity	1833293000
CY2013Q3	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	7878000
CY2013Q3	pmt	Interest Income Debt Securities InterestIncomeDebtSecurities	162000
CY2013Q3	pmt	Related Party Incentive Fee Expense RelatedPartyIncentiveFeeExpense	3435000
CY2013Q3	pmt	Reimbursement Of Common Overhead Incurred By Affiliate ReimbursementOfCommonOverheadIncurredByAffiliate	2552000
CY2013Q3	pmt	Net Loan Servicing Fees Net NetLoanServicingFeesNet	-465000
CY2013Q3	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	37604000
CY2013Q3	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	1197000
CY2013Q3	pmt	Reimbursement Of Expenses To Affiliate ReimbursementOfExpensesToAffiliate	1934000
CY2013Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	48205000
CY2013Q3	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	2828000
CY2013Q3	pmt	Asset Backed Secured Financing Interest Expense AssetBackedSecuredFinancingInterestExpense	0
CY2013Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	48957000
CY2013Q3	pmt	Mortgage Loans Sold To Affiliates Unpaid Principal Balance MortgageLoansSoldToAffiliatesUnpaidPrincipalBalance	4147535000
CY2013Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-118515000
CY2013Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	-10000
CY2013Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0239	pure
CY2013Q3	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	-4554000
CY2013Q3	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	65000
CY2013Q3	pmt	Real Estate Acquired Settlement Of Loan Under Forward Purchase Agreement Gains Losses Recognized RealEstateAcquiredSettlementOfLoanUnderForwardPurchaseAgreementGainsLossesRecognized	-29000
CY2013Q3	pmt	Transfers To Reo TransfersToReo	114000
CY2013Q3	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	580822000
CY2013Q3	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	31000
CY2013Q3	pmt	Base Management Fee BaseManagementFee	5104000
CY2013Q3	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
CY2013Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	1755850000
CY2013Q3	pmt	Excess Servicing Spread Rebate From Affiliates ExcessServicingSpreadRebateFromAffiliates	0
CY2013Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	28413000
CY2013Q3	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	3577000
CY2013Q3	pmt	Loans Fulfilled By Affiliate Unpaid Principal Balance LoansFulfilledByAffiliateUnpaidPrincipalBalance	3681771000
CY2013Q3	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	114000
CY2013Q3	pmt	Gain Loss On Agency Debt Security GainLossOnAgencyDebtSecurity	578000
CY2013Q3	pmt	Interest Income Excess Servicing Spread InterestIncomeExcessServicingSpread	0
CY2013Q3	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	584419000
CY2013Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
CY2013Q3	pmt	Interest Income Fair Value InterestIncomeFairValue	0
CY2013Q3	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	0
CY2013Q3	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	7939000
CY2013Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	48154000
CY2013Q3	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	-41000
CY2013Q3	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-2295000
CY2013Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	1474000
CY2013Q3	pmt	Net Gain Loss On Fair Value Of Assets Included In Investment Income NetGainLossOnFairValueOfAssetsIncludedInInvestmentIncome	38965000
CY2013Q3	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	3640000
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders	967000
CY2013Q3	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	0
CY2013Q3	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-34168000
CY2013Q3	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-108960000
CY2013Q3	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-41897000
CY2013Q3	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	8000000
CY2013Q3	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-4795000
CY2013Q3	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	46794000
CY2013Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2736873000
CY2013Q3	pmt	Servicing Asset At Amortized Cost Additions From Loan Sales ServicingAssetAtAmortizedCostAdditionsFromLoanSales	41018000
CY2013Q3	pmt	Debt Instrument Amount Repurchased DebtInstrumentAmountRepurchased	5687000
CY2013Q3	pmt	Mortgage Loan Sourcing Fees From Affiliate MortgageLoanSourcingFeesFromAffiliate	1204000
CY2013Q3	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	86000
CY2013Q3	pmt	Interest Expense Borrowings Under Forward Purchase Agreements InterestExpenseBorrowingsUnderForwardPurchaseAgreements	1762000
CY2013Q3	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	114405000
CY2013Q3	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	21784126000
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Losses Charged To Liability For Representations And Warranties GuaranteeObligationsRecourseProvisionLossesChargedToLiabilityForRepresentationsAndWarranties	0
CY2013Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loan Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoanIndemnified	0
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.69
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8401000	shares
CY2014Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.051	pure
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	291000	shares
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	500	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	82832000	shares
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.74
CY2014Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.61
CY2014Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-1606000
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74140000	shares
CY2014Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	137000
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	57030000
CY2014Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	19216000
CY2014Q3	us-gaap	Interest Income Other InterestIncomeOther	16000
CY2014Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-1135000
CY2014Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	70390000
CY2014Q3	us-gaap	Other Operating Income OtherOperatingIncome	-3118000
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	57931000
CY2014Q3	us-gaap	Other Income OtherIncome	2361000
CY2014Q3	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	1935000
CY2014Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	9509000
CY2014Q3	us-gaap	Fair Value Option Credit Risk Gains Losses On Assets FairValueOptionCreditRiskGainsLossesOnAssets	-13850000
CY2014Q3	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	64959000
CY2014Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-654000
CY2014Q3	us-gaap	Servicing Fees Net ServicingFeesNet	10533000
CY2014Q3	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	138000
CY2014Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-70994000
CY2014Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	19345000
CY2014Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	602000
CY2014Q3	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	47891000
CY2014Q3	us-gaap	Interest Expense Other InterestExpenseOther	1030000
CY2014Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	15814000
CY2014Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	17797000
CY2014Q3	us-gaap	Other Expenses OtherExpenses	7384000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-106000
CY2014Q3	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	31621000
CY2014Q3	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	-821000
CY2014Q3	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	0
CY2014Q3	us-gaap	Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale	696000
CY2014Q3	us-gaap	Revenues Revenues	106530000
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	54644000
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	54949000
CY2014Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2081000
CY2014Q3	us-gaap	Interest Income Operating InterestIncomeOperating	41236000
CY2014Q3	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	7712000
CY2014Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-11926000
CY2014Q3	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	79046000
CY2014Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	20300000
CY2014Q3	us-gaap	Interest Expense InterestExpense	22020000
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	48599000
CY2014Q3	us-gaap	Professional Fees ProfessionalFees	1927000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	12812000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	26802000
CY2014Q3	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	232000
CY2014Q3	us-gaap	Debt Related Commitment Fees And Debt Issuance Costs DebtRelatedCommitmentFeesAndDebtIssuanceCosts	2200000
CY2014Q3	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	1600000
CY2014Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1843000
CY2014Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	305000
CY2014Q3	us-gaap	Real Estate Owned Valuation Allowance Provision1 RealEstateOwnedValuationAllowanceProvision1	15639000
CY2014Q3	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
CY2014Q3	us-gaap	Cash Flows Between Transferee And Transferor Proceeds From New Transfers CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers	3745193000
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2982000
CY2014Q3	us-gaap	Affiliate Costs AffiliateCosts	3034000
CY2014Q3	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	3592000
CY2014Q3	us-gaap	Management Fee Expense ManagementFeeExpense	9623000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-1500000
CY2014Q3	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	8109000
CY2014Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	9253000
CY2014Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	12325000
CY2014Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	11154000
CY2014Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	15497000
CY2014Q3	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	0
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0217	pure
CY2014Q3	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
CY2014Q3	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate GainsLossesRecognizedUponSaleOfOtherRealEstate	3713000
CY2014Q3	pmt	Gain Loss On Excess Servicing Spread GainLossOnExcessServicingSpread	-7396000
CY2014Q3	pmt	Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale	20585000
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Committed SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityCommitted	578969000
CY2014Q3	pmt	Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
CY2014Q3	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	1234028000
CY2014Q3	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	0
CY2014Q3	pmt	Accrual Of Interest On Excess Spread Investment AccrualOfInterestOnExcessSpreadInvestment	3577000
CY2014Q3	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2014Q3	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	2423013000
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity	1473312000
CY2014Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements	135336000
CY2014Q3	pmt	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest	10451000
CY2014Q3	pmt	Loan Originations Fees LoanOriginationsFees	6447000
CY2014Q3	pmt	Mortgage Servicing Rights Fair Value Purchases MortgageServicingRightsFairValuePurchases	0
CY2014Q3	pmt	Gain Loss On Sale Of Investment GainLossOnSaleOfInvestment	-9352000
CY2014Q3	pmt	Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements	0
CY2014Q3	pmt	Interest Rate Lock Commitments Issued Net InterestRateLockCommitmentsIssuedNet	14046000
CY2014Q3	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2014Q3	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-28178000
CY2014Q3	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	0
CY2014Q3	pmt	Interest Income On Mortgage Financings InterestIncomeOnMortgageFinancings	27858000
CY2014Q3	pmt	Effect Of Mortgage Servicing Rights On Loan Servicing Fees EffectOfMortgageServicingRightsOnLoanServicingFees	9767000
CY2014Q3	pmt	Interest Income Debt Securities InterestIncomeDebtSecurities	0
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Uncommitted SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted	894343000
CY2014Q3	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	9253000
CY2014Q3	pmt	Asset Backed Secured Financing Interest Expense AssetBackedSecuredFinancingInterestExpense	1584000
CY2014Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	39613000
CY2014Q3	pmt	Mortgage Loans Sold To Affiliates Unpaid Principal Balance MortgageLoansSoldToAffiliatesUnpaidPrincipalBalance	4861392000
CY2014Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	8203000
CY2014Q3	pmt	Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0213	pure
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Gains Losses Recognized RealEstateAcquiredThroughForeclosureGainsLossesRecognized	-14242000
CY2014Q3	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Real Estate Acquired Settlement Of Loan Under Forward Purchase Agreement Gains Losses Recognized RealEstateAcquiredSettlementOfLoanUnderForwardPurchaseAgreementGainsLossesRecognized	0
CY2014Q3	pmt	Transfers To Reo TransfersToReo	0
CY2014Q3	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	0
CY2014Q3	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	0
CY2014Q3	pmt	Base Management Fee BaseManagementFee	6033000
CY2014Q3	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	2501816000
CY2014Q3	pmt	Excess Servicing Spread Rebate From Affiliates ExcessServicingSpreadRebateFromAffiliates	2143000
CY2014Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	-5697000
CY2014Q3	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	3592000
CY2014Q3	pmt	Loans Fulfilled By Affiliate Unpaid Principal Balance LoansFulfilledByAffiliateUnpaidPrincipalBalance	3677613000
CY2014Q3	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	0
CY2014Q3	pmt	Gain Loss On Agency Debt Security GainLossOnAgencyDebtSecurity	0
CY2014Q3	pmt	Interest Income Excess Servicing Spread InterestIncomeExcessServicingSpread	3577000
CY2014Q3	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	0
CY2014Q3	pmt	Related Party Incentive Fee Expense RelatedPartyIncentiveFeeExpense	3590000
CY2014Q3	pmt	Reimbursement Of Common Overhead Incurred By Affiliate ReimbursementOfCommonOverheadIncurredByAffiliate	2912000
CY2014Q3	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	37445000
CY2014Q3	pmt	Interest Income On Mortgage Loans Subject To Forward Purchase Agreements InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements	0
CY2014Q3	pmt	Reimbursement Of Expenses To Affiliate ReimbursementOfExpensesToAffiliate	122000
CY2014Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	-3073000
CY2014Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
CY2014Q3	pmt	Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements	0
CY2014Q3	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	12812000
CY2014Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	94530000
CY2014Q3	pmt	Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-11926000
CY2014Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	1359000
CY2014Q3	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders	5841000
CY2014Q3	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	0
CY2014Q3	pmt	Fair Value Option Non Credit Risk Gains Losses On Assets FairValueOptionNonCreditRiskGainsLossesOnAssets	-57144000
CY2014Q3	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-15473000
CY2014Q3	pmt	Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale	-567000
CY2014Q3	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	0
CY2014Q3	pmt	Assets Gains Losses Recognized AssetsGainsLossesRecognized	-13640000
CY2014Q3	pmt	Transfer Of Mortgage Loans To Reo TransferOfMortgageLoansToReo	90733000
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2815572000
CY2014Q3	pmt	Servicing Asset At Amortized Cost Additions From Loan Sales ServicingAssetAtAmortizedCostAdditionsFromLoanSales	26802000
CY2014Q3	pmt	Debt Instrument Amount Repurchased DebtInstrumentAmountRepurchased	7490000
CY2014Q3	pmt	Mortgage Loan Sourcing Fees From Affiliate MortgageLoanSourcingFeesFromAffiliate	1384000
CY2014Q3	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	0
CY2014Q3	pmt	Excess Servicing Spread Recapture Revenue ExcessServicingSpreadRecaptureRevenue	2619000
CY2014Q3	pmt	Interest Expense Borrowings Under Forward Purchase Agreements InterestExpenseBorrowingsUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-12705000
CY2014Q3	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	30701324000
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Losses Charged To Liability For Representations And Warranties GuaranteeObligationsRecourseProvisionLossesChargedToLiabilityForRepresentationsAndWarranties	0
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loan Indemnified GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoanIndemnified	1571000

Files In Submission

Name	View Source	Status
0001193125-14-403607-index-headers.html	Edgar Link	pending
0001193125-14-403607-index.html	Edgar Link	pending
0001193125-14-403607.txt	Edgar Link	pending
0001193125-14-403607-xbrl.zip	Edgar Link	pending
d790358d10q.htm	Edgar Link	pending
d790358dex1024.htm	Edgar Link	pending
d790358dex1042.htm	Edgar Link	pending
d790358dex1043.htm	Edgar Link	pending
d790358dex1044.htm	Edgar Link	pending
d790358dex1053.htm	Edgar Link	pending
d790358dex1054.htm	Edgar Link	pending
d790358dex1076.htm	Edgar Link	pending
d790358dex1086.htm	Edgar Link	pending
d790358dex1087.htm	Edgar Link	pending
d790358dex1088.htm	Edgar Link	pending
d790358dex1097.htm	Edgar Link	pending
d790358dex311.htm	Edgar Link	pending
d790358dex312.htm	Edgar Link	pending
d790358dex321.htm	Edgar Link	pending
d790358dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
pmt-20140930.xml	Edgar Link	completed
pmt-20140930.xsd	Edgar Link	pending
pmt-20140930_cal.xml	Edgar Link	unprocessable
pmt-20140930_def.xml	Edgar Link	unprocessable
pmt-20140930_lab.xml	Edgar Link	unprocessable
pmt-20140930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R100.htm	Edgar Link	pending
R101.htm	Edgar Link	pending
R102.htm	Edgar Link	pending
R103.htm	Edgar Link	pending
R104.htm	Edgar Link	pending
R105.htm	Edgar Link	pending
R106.htm	Edgar Link	pending
R107.htm	Edgar Link	pending
R108.htm	Edgar Link	pending
R109.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R110.htm	Edgar Link	pending
R111.htm	Edgar Link	pending
R112.htm	Edgar Link	pending
R113.htm	Edgar Link	pending
R114.htm	Edgar Link	pending
R115.htm	Edgar Link	pending
R116.htm	Edgar Link	pending
R117.htm	Edgar Link	pending
R118.htm	Edgar Link	pending
R119.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R120.htm	Edgar Link	pending
R121.htm	Edgar Link	pending
R122.htm	Edgar Link	pending
R123.htm	Edgar Link	pending
R124.htm	Edgar Link	pending
R125.htm	Edgar Link	pending
R126.htm	Edgar Link	pending
R127.htm	Edgar Link	pending
R128.htm	Edgar Link	pending
R129.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R130.htm	Edgar Link	pending
R131.htm	Edgar Link	pending
R132.htm	Edgar Link	pending
R133.htm	Edgar Link	pending
R134.htm	Edgar Link	pending
R135.htm	Edgar Link	pending
R136.htm	Edgar Link	pending
R137.htm	Edgar Link	pending
R138.htm	Edgar Link	pending
R139.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R140.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
R92.htm	Edgar Link	pending
R93.htm	Edgar Link	pending
R94.htm	Edgar Link	pending
R95.htm	Edgar Link	pending
R96.htm	Edgar Link	pending
R97.htm	Edgar Link	pending
R98.htm	Edgar Link	pending
R99.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PMT
PennyMac Mortgage Investment Trust Stock $pmt

2014 Q4 Form 10-Q Financial Statement

#000119312514403607 Filed on November 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT PennyMac Mortgage Investment Trust Stock $pmt

2014 Q4 Form 10-Q Financial Statement

#000119312514403607 Filed on November 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT
PennyMac Mortgage Investment Trust Stock $pmt