$PMT
PennyMac Mortgage Investment Trust Stock $pmt

$pmt Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000119312515370228 Filed on November 06, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue	$50.57M	$90.77M	$106.5M
YoY Change	-4.69%	-14.79%	23.78%
Cost Of Revenue	$72.30M	$72.80M	$59.50M
YoY Change	34.64%	22.35%	4.2%
Gross Profit	$9.800M	$55.70M	$69.10M
YoY Change	-53.99%	-19.39%	42.47%
Gross Profit Margin	19.38%	61.36%	64.86%
Selling, General & Admin	$3.700M	$3.300M	$3.800M
YoY Change	0.0%	-13.16%	-13.64%
% of Gross Profit	37.76%	5.92%	5.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$2.800M	$45.67M	$48.60M
YoY Change	-69.89%	-6.03%	-2.8%
Operating Profit	$7.000M	$10.03M	$20.50M
YoY Change	-41.67%	-51.06%	-1466.73%
Interest Expense		$37.76M	$22.02M
YoY Change		71.48%	12.94%
% of Operating Profit		376.36%	107.41%
Other Income/Expense, Net		$5.474M	$7.384M
YoY Change		-25.87%	-7.18%
Pretax Income	$6.900M	$45.11M	$57.93M
YoY Change	-42.02%	-22.14%	60.64%
Income Tax	-$8.800M	$6.295M	$2.982M
% Of Pretax Income	-127.54%	13.96%	5.15%
Net Earnings	$15.71M	$38.81M	$54.95M
YoY Change	-40.75%	-29.37%	38.41%
Net Earnings / Revenue	31.06%	42.76%	51.58%
Basic Earnings Per Share	$0.21	$0.51	$0.74
Diluted Earnings Per Share	$0.21	$0.49	$0.69
COMMON SHARES
Basic Shares Outstanding	73.77M shares	74.68M	74.14M shares
Diluted Shares Outstanding		83.41M	82.83M shares

Balance Sheet

Concept	2015 Q4	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$58.00M	$89.00M	$46.00M
YoY Change	-23.68%	93.48%	-54.0%
Cash & Equivalents	$58.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$155.0M	$178.0M	$110.0M
YoY Change	-4.32%	61.82%	-39.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.000M	$4.000M	$0.00
YoY Change			-100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$766.0M	$493.0M
YoY Change		55.38%	-54.22%
Other Assets
YoY Change
Total Long-Term Assets	$5.672B	$5.414B	$4.488B
YoY Change	19.78%	20.64%	10.37%
TOTAL ASSETS
Total Short-Term Assets	$155.0M	$178.0M	$110.0M
Total Long-Term Assets	$5.672B	$5.414B	$4.488B
Total Assets	$5.827B	$5.592B	$4.598B
YoY Change	18.98%	21.62%	8.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$19.00M	$17.00M	$21.00M
YoY Change	-20.83%	-19.05%	5.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$150.0M	$150.0M	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$386.0M	$393.0M	$87.00M
YoY Change	414.67%	351.72%	-95.06%
LONG-TERM LIABILITIES
Long-Term Debt	$729.0M	$733.0M	$417.0M
YoY Change	69.53%	75.78%	-55.83%
Other Long-Term Liabilities	$3.152B	$2.885B	$2.432B
YoY Change	14.79%	18.63%	16113.33%
Total Long-Term Liabilities	$3.881B	$3.618B	$2.849B
YoY Change	22.2%	26.99%	197.08%
TOTAL LIABILITIES
Total Short-Term Liabilities	$386.0M	$393.0M	$87.00M
Total Long-Term Liabilities	$3.881B	$3.618B	$2.849B
Total Liabilities	$4.331B	$4.078B	$3.010B
YoY Change	30.48%	35.48%	9.28%
SHAREHOLDERS EQUITY
Retained Earnings	$25.65M	$44.95M	$117.1M
YoY Change	-73.75%	-61.62%	5.53%
Common Stock	$1.470B	$1.469B	$1.471B
YoY Change	-0.67%	-0.1%	6.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.496B	$1.514B	$1.588B
YoY Change
Total Liabilities & Shareholders Equity	$5.827B	$5.592B	$4.598B
YoY Change	18.98%	21.62%	8.21%

Cashflow Statement

Concept	2015 Q4	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	$15.71M	$38.81M	$54.95M
YoY Change	-40.75%	-29.37%	38.41%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$337.0M	$1.134B	$182.4M
YoY Change	-2036.78%	521.82%	2071.43%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$80.70M	-$22.50M	$195.5M
YoY Change	-128.79%	-111.51%	-127.56%
Cash From Investing Activities	$80.70M	-$22.50M	$195.5M
YoY Change	-128.79%	-111.51%	-127.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	225.0M	-1.137B	-369.3M
YoY Change	-23.16%	207.88%	-147.74%
NET CHANGE
Cash From Operating Activities	-337.0M	1.134B	182.4M
Cash From Investing Activities	80.70M	-22.50M	195.5M
Cash From Financing Activities	225.0M	-1.137B	-369.3M
Net Change In Cash	-31.30M	-25.30M	8.600M
YoY Change	-204.68%	-394.19%	-88.14%
FREE CASH FLOW
Cash From Operating Activities	-$337.0M	$1.134B	$182.4M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	73767435	shares
CY2014Q2	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	5428000
CY2014Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	240471000
CY2014Q2	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	289226000
CY2014Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	46802000
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	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	2416047000
CY2014Q3	us-gaap	Assets Sold Under Agreements To Repurchase Market Value AssetsSoldUnderAgreementsToRepurchaseMarketValue	3222315000
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	1588041000
CY2014Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	45467000
CY2014Q3	us-gaap	Convertible Debt ConvertibleDebt	243844000
CY2014Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2416686000
CY2014Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	4826000
CY2014Q3	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	250000000
CY2014Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	6156000
CY2014Q3	us-gaap	Assets Assets	4604813000
CY2014Q3	us-gaap	Cash Cash	46487000
CY2014Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	275185000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	312196000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	57871000
CY2014Q3	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	8210000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	287977000
CY2014Q3	pmt	Real Estate Owned Held In Subsidiary For Financing Purposes RealEstateOwnedHeldInSubsidiaryForFinancingPurposes	19858000
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings	56702000
CY2014Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	13235000
CY2014Q3	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties	32129635000
CY2014Q3	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	292803000
CY2014Q3	pmt	Fair Value Of Mortgage Servicing Rights Pledged To Secure Note Payable FairValueOfMortgageServicingRightsPledgedToSecureNotePayable	0
CY2015Q2	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	7011000
CY2015Q2	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable	400000000
CY2015Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	324278000
CY2015Q2	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	362908000
CY2015Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	57343000
CY2015Q2	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	16714000
CY2015Q2	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	344405000
CY2015Q2	pmt	Percentage Of Capital Stock Requirement For Federal Home Loan Bank Advances PercentageOfCapitalStockRequirementForFederalHomeLoanBankAdvances	0.04	pure
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	73792435	shares
CY2015Q3	us-gaap	Federal Home Loan Bank Advances Weighted Average Interest Rate FederalHomeLoanBankAdvancesWeightedAverageInterestRate	0.0027	pure
CY2015Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	73792435	shares
CY2015Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1468739000
CY2015Q3	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	2864032000
CY2015Q3	us-gaap	Assets Sold Under Agreements To Repurchase Market Value AssetsSoldUnderAgreementsToRepurchaseMarketValue	3881273000
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	1514430000
CY2015Q3	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	17220000
CY2015Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	35019000
CY2015Q3	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	19892000
CY2015Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	2786000
CY2015Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	42702000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	2786000
CY2015Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	22102000
CY2015Q3	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability	0
CY2015Q3	us-gaap	Convertible Debt ConvertibleDebt	244805000
CY2015Q3	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	183000000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	2886134000
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	44953000
CY2015Q3	us-gaap	Liabilities Liabilities	4077801000
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5592231000
CY2015Q3	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	67086000
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	738000
CY2015Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2865722000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	2866818000
CY2015Q3	us-gaap	Notes Payable NotesPayable	192332000
CY2015Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	14856000
CY2015Q3	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	250000000
CY2015Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	5195000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue	280045000
CY2015Q3	us-gaap	Due From Affiliates DueFromAffiliates	9050000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	33216000
CY2015Q3	us-gaap	Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans	3409507000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Securities Pledged For Federal Home Loan Bank At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForFederalHomeLoanBankAtFairValue	8961000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	306638000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue	2485046000
CY2015Q3	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	225000000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	19316000
CY2015Q3	us-gaap	Assets Assets	5592231000
CY2015Q3	us-gaap	Federal Home Loan Bank Advances Par Value FederalHomeLoanBankAdvancesParValue	183000000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue	423095000
CY2015Q3	us-gaap	Cash Cash	89303000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	49227000
CY2015Q3	us-gaap	Cash Collateral For Borrowed Securities CashCollateralForBorrowedSecurities	0
CY2015Q3	us-gaap	Real Estate Investments RealEstateInvestments	4448000
CY2015Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	353563000
CY2015Q3	us-gaap	Federal Home Loan Bank Advances FederalHomeLoanBankAdvances	217923000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	37642000
CY2015Q3	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	386539000
CY2015Q3	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	19316000
CY2015Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	1050296000
CY2015Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	57751000
CY2015Q3	us-gaap	Derivative Assets DerivativeAssets	16806000
CY2015Q3	us-gaap	Other Assets OtherAssets	162722000
CY2015Q3	us-gaap	Pledged Assets Separately Reported Loans Pledged For Federal Home Loan Bank At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedForFederalHomeLoanBankAtFairValue	140025000
CY2015Q3	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-771777000
CY2015Q3	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	315599000
CY2015Q3	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	7230000
CY2015Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	2637730000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	380200000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	42898000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	29421000
CY2015Q3	us-gaap	Servicing Asset ServicingAsset	423095000
CY2015Q3	us-gaap	Short Term Investments ShortTermInvestments	31518000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	0
CY2015Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	36698000
CY2015Q3	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	16806000
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement Deduction DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangementDeduction	2864032000
CY2015Q3	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	68937000
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive	187796000
CY2015Q3	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	365344000
CY2015Q3	pmt	Fair Value Option Loans Held As Assets Aggregate Fair Value FairValueOptionLoansHeldAsAssetsAggregateFairValue	2637730000
CY2015Q3	pmt	Real Estate Owned Held In Subsidiary For Financing Purposes RealEstateOwnedHeldInSubsidiaryForFinancingPurposes	0
CY2015Q3	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	3409507000
CY2015Q3	pmt	Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue	903806000
CY2015Q3	pmt	Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings	280045000
CY2015Q3	pmt	Asset Backed Secured Financing Liability Fair Value AssetBackedSecuredFinancingLiabilityFairValue	234287000
CY2015Q3	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	18473000
CY2015Q3	pmt	Mortgage Loans Acquired For Sale At Fair Value Outstanding Contractual Loan Purchase Commitments MortgageLoansAcquiredForSaleAtFairValueOutstandingContractualLoanPurchaseCommitments	1163415000
CY2015Q3	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2015Q3	pmt	Percentage Of Mortgage Loan Portfolio Originated In Domestic Real Estate PercentageOfMortgageLoanPortfolioOriginatedInDomesticRealEstate	0.22	pure
CY2015Q3	pmt	Excess Spread Investment ExcessSpreadInvestment	418573000
CY2015Q3	pmt	Mortgage Loans At Fair Value Held By Variable Interest Entity MortgageLoansAtFairValueHeldByVariableInterestEntity	477271000
CY2015Q3	pmt	Mortgage Loan Participation And Sale Agreement MortgageLoanParticipationAndSaleAgreement	61078000
CY2015Q3	pmt	Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties	39730788000
CY2015Q3	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	1003620000
CY2015Q3	pmt	Fair Value Unpaid Principal Of Underlying Loans Balance FairValueUnpaidPrincipalOfUnderlyingLoansBalance	6061654000
CY2015Q3	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2015Q3	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.46	pure
CY2015Q3	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	380200000
CY2015Q3	pmt	Servicing Advances ServicingAdvances	79528000
CY2015Q3	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.73	pure
CY2015Q3	pmt	Mortgage Servicing Rights Secured Notes Payable MortgageServicingRightsSecuredNotesPayable	423095000
CY2015Q3	pmt	Fair Value Of Mortgage Servicing Rights Pledged To Secure Note Payable FairValueOfMortgageServicingRightsPledgedToSecureNotePayable	57751000
CY2015Q3	pmt	Federal Home Loan Bank Advances Activity For Year Maximum Daily Amount Outstanding FederalHomeLoanBankAdvancesActivityForYearMaximumDailyAmountOutstanding	188834000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1467114000
CY2013Q4	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	2577000
CY2013Q4	us-gaap	Cash Cash	27411000
CY2013Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	138942000
CY2013Q4	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	289737000
CY2013Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	26452000
CY2013Q4	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	10110000
CY2013Q4	pmt	Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements	9138000
CY2013Q4	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	266697000
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	74510159	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	74510159	shares
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1479699000
CY2014Q4	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	2729027000
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	1578172000
CY2014Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	23943000
CY2014Q4	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	2284000
CY2014Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	2430000
CY2014Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	51417000
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	2430000
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	7178000
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability	0
CY2014Q4	us-gaap	Convertible Debt ConvertibleDebt	244079000
CY2014Q4	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	0
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	2736205000
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	97728000
CY2014Q4	us-gaap	Liabilities Liabilities	3319086000
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4897258000
CY2014Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	67806000
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	745000
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	2731457000
CY2014Q4	us-gaap	Notes Payable NotesPayable	0
CY2014Q4	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	7714000
CY2014Q4	us-gaap	Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue	150649000
CY2014Q4	us-gaap	Due From Affiliates DueFromAffiliates	6621000
CY2014Q4	us-gaap	Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans	4310097000
CY2014Q4	us-gaap	Pledged Assets Separately Reported Securities Pledged For Federal Home Loan Bank At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForFederalHomeLoanBankAtFairValue	0
CY2014Q4	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	307363000
CY2014Q4	us-gaap	Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue	2709161000
CY2014Q4	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	239000000
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	4748000
CY2014Q4	us-gaap	Assets Assets	4897258000
CY2014Q4	us-gaap	Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue	0
CY2014Q4	us-gaap	Cash Cash	76386000
CY2014Q4	us-gaap	Cash Collateral For Borrowed Securities CashCollateralForBorrowedSecurities	0
CY2014Q4	us-gaap	Real Estate Investments RealEstateInvestments	0
CY2014Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	303228000
CY2014Q4	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	322230000
CY2014Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	4748000
CY2014Q4	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	637722000
CY2014Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	57358000
CY2014Q4	us-gaap	Derivative Assets DerivativeAssets	11107000
CY2014Q4	us-gaap	Other Assets OtherAssets	59155000
CY2014Q4	us-gaap	Pledged Assets Separately Reported Loans Pledged For Federal Home Loan Bank At Fair Value PledgedAssetsSeparatelyReportedLoansPledgedForFederalHomeLoanBankAtFairValue	0
CY2014Q4	us-gaap	Fair Value Option Loans Held As Assets Aggregate Difference FairValueOptionLoansHeldAsAssetsAggregateDifference	-945423000
CY2014Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	307363000
CY2014Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	2726952000
CY2014Q4	us-gaap	Servicing Asset ServicingAsset	357780000
CY2014Q4	us-gaap	Short Term Investments ShortTermInvestments	139900000
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	0
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	13391000
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	11107000
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement Deduction DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangementDeduction	2729027000
CY2014Q4	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	0
CY2014Q4	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	300422000
CY2014Q4	pmt	Fair Value Option Loans Held As Assets Aggregate Fair Value FairValueOptionLoansHeldAsAssetsAggregateFairValue	3364674000
CY2014Q4	pmt	Mortgage Loans On Real Estate Unpaid Balance MortgageLoansOnRealEstateUnpaidBalance	3699470000
CY2014Q4	pmt	Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue	609608000
CY2014Q4	pmt	Asset Backed Secured Financing Liability Fair Value AssetBackedSecuredFinancingLiabilityFairValue	165920000
CY2014Q4	pmt	Representations And Warranties Liability RepresentationsAndWarrantiesLiability	14242000
CY2014Q4	pmt	Ratio Of Loans With Unpaid Principal Balance To Current Property Value RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue	1.00	pure
CY2014Q4	pmt	Percentage Of Mortgage Loan Portfolio Originated In Domestic Real Estate PercentageOfMortgageLoanPortfolioOriginatedInDomesticRealEstate	0.22	pure
CY2014Q4	pmt	Excess Spread Investment ExcessSpreadInvestment	191166000
CY2014Q4	pmt	Mortgage Loans At Fair Value Held By Variable Interest Entity MortgageLoansAtFairValueHeldByVariableInterestEntity	527369000
CY2014Q4	pmt	Mortgage Loan Participation And Sale Agreement MortgageLoanParticipationAndSaleAgreement	20222000
CY2014Q4	pmt	Loans Held For Sale Principal Balance LoansHeldForSalePrincipalBalance	610628000
CY2014Q4	pmt	Fair Value Unpaid Principal Of Underlying Loans Balance FairValueUnpaidPrincipalOfUnderlyingLoansBalance	6278676000
CY2014Q4	pmt	Percentage Of Estimated Fair Value Of Mortgage Loans Originated PercentageOfEstimatedFairValueOfMortgageLoansOriginated	0.05	pure
CY2014Q4	pmt	Percentage Of Fair Value Mortgage Loan Portfolio PercentageOfFairValueMortgageLoanPortfolio	0.55	pure
CY2014Q4	pmt	Servicing Asset At Amortized Cost Before Valuation Allowance ServicingAssetAtAmortizedCostBeforeValuationAllowance	308137000
CY2014Q4	pmt	Servicing Advances ServicingAdvances	79878000
CY2014Q4	pmt	Percentage Of Mortgage Loan Portfolio PercentageOfMortgageLoanPortfolio	0.75	pure
	us-gaap	Net Income Loss NetIncomeLoss	168033000
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	3447022	shares
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	166673000
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	6237000
	us-gaap	Revenues Revenues	303681000
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	7879000
	us-gaap	Interest Paid InterestPaid	68443000
	us-gaap	Gain Loss On Investments GainLossOnInvestments	186109000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.13
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	383396000
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8401000	shares
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	19076000
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.79
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-8398000
	us-gaap	Real Estate Owned Valuation Allowance Period Increase Decrease RealEstateOwnedValuationAllowancePeriodIncreaseDecrease	-32912000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81978000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	323000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	73254000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.28
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.003	pure
	us-gaap	Interest Income Operating InterestIncomeOperating	129100000
	us-gaap	Payments For Federal Home Loan Bank Advances PaymentsForFederalHomeLoanBankAdvances	0
	us-gaap	Other Income OtherIncome	6330000
	us-gaap	Payments Of Dividends PaymentsOfDividends	128966000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	65440000
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	9485000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	82453000
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	54396000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1052000
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	283017000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	70252000
	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	168033000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	905000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	73922000
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	56988000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	350000
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	29702000
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-54946000
	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	-2249000
	us-gaap	Servicing Fees Net ServicingFeesNet	26712000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-2163000
	us-gaap	Payments To Acquire Federal Home Loan Bank Stock PaymentsToAcquireFederalHomeLoanBankStock	0
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	6161000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	167524000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	137000
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	4356000
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	124793000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6038000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	41096000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	6273000
	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	49276000
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	0
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-6782000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	174270000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-509000
	us-gaap	Other Expenses OtherExpenses	18604000
	us-gaap	Share Based Compensation ShareBasedCompensation	4356000
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1052000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	30285000
	us-gaap	Operating Expenses OperatingExpenses	136157000
	us-gaap	Interest Expense InterestExpense	63660000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	308277000
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	532375000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	94195000
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	0
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	23170000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	81600000
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	43496000
	us-gaap	Management Fee Expense ManagementFeeExpense	26609000
	us-gaap	Proceeds From Federal Home Loan Bank Advances ProceedsFromFederalHomeLoanBankAdvances	0
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	3076000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	9830000
	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	0
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	6668000
	us-gaap	Professional Fees ProfessionalFees	6348000
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	137000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	8548903000
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1360000
	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	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-3424000
	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
	us-gaap	Dividends Common Stock DividendsCommonStock	132863000
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	31620000
	pmt	Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates	11947251000
	pmt	Net Gain Loss On Investments NetGainLossOnInvestments	186109000
	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans	205902000
	pmt	Accrual Of Interest On Excess Spread Investment AccrualOfInterestOnExcessSpreadInvestment	9578000
	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	10763000
	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-35004000
	pmt	Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates	6093000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	36832000
	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	287520000
	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	26805000
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	4518100000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	227866000
	pmt	Repayments Of Assets Sold Under Agreements To Repurchase RepaymentsOfAssetsSoldUnderAgreementsToRepurchase	25732035000
	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	3784142000
	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	12737000
	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	68000
	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	28597033000
	pmt	Payments To Purchase Mortgage Loans Held For Sale Affiliates PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates	4955000
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	268677000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	3125000
	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	3117000
	pmt	Repayments Of Excess Servicing Spread Investment RepaymentsOfExcessServicingSpreadInvestment	25280000
	pmt	Loan Originations Fees LoanOriginationsFees	13288000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
	pmt	Repayments Of Mortgage Loan Participation Certificates RepaymentsOfMortgageLoanParticipationCertificates	0
	pmt	Proceeds From Sale Of Mortgage Loan Participation Certificates ProceedsFromSaleOfMortgageLoanParticipationCertificates	0
	pmt	Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale	141000
	pmt	Gains Losses Real Estate Owned Net GainsLossesRealEstateOwnedNet	-23427000
	pmt	Increase Decrease In Servicing Advances IncreaseDecreaseInServicingAdvances	14347000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	5000000
	pmt	Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans	124794000
	pmt	Proceeds From Sale Of Assets Under Agreements To Repurchase ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase	26109117000
	pmt	Payment Of Contingent Underwriting Fees PaymentOfContingentUnderwritingFees	1295000
	pmt	Other Operating Income Loss Net OtherOperatingIncomeLossNet	-4282000
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	89230000
	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	779000
	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	104537000
	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-23900000
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	5365000
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	9369000
	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-56544000
	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	9000
	pmt	Repurchase Of Mortgage Loans Subject To Representation And Warranties RepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties	14266000
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0218	pure
	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	26737000
	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	68000
	pmt	Transfer Mortgage Loans Financed To Reo Financed TransferMortgageLoansFinancedToReoFinanced	3491000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	3049000
	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	39954000
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	4140000
	pmt	Gain On Sale Of Mortgage Servicing Rights GainOnSaleOfMortgageServicingRights	0
	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	82646000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	6413000
	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	284403000
	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-21540000
	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2700586000
	pmt	Capitalization Of Interest And Advances On Mortgage Loans At Fair Value CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue	40805000
	pmt	Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	0
	pmt	Transfers To Reo TransfersToReo	12737000
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-8999000
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	2186135000
	pmt	Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts	7298000
	pmt	Payment Of Debt Issuance Cost And Commitment Fees PaymentOfDebtIssuanceCostAndCommitmentFees	0
	pmt	Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates	20759885000
	pmt	Representations And Warranties Recovery RepresentationsAndWarrantiesRecovery	0
	pmt	Accrual Reversal Of Costs Related To Forward Purchase Agreement AccrualReversalOfCostsRelatedToForwardPurchaseAgreement	168000
	pmt	Proceeds From Secured Notes Payable Under Mortgage Servicing Rights ProceedsFromSecuredNotesPayableUnderMortgageServicingRights	0
	pmt	Proceeds From Credit Risk Transfer ProceedsFromCreditRiskTransfer	0
	pmt	Repayments Of Credit Risk Transfer RepaymentsOfCreditRiskTransfer	0
	pmt	Gains Losses Recognized Upon Sale Of Real Estate Owned Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfRealEstateOwnedUnderForwardPurchaseAgreement	306000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements From Financing Activities PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreementsFromFinancingActivities	2828000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements From Investing Activities PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreementsFromInvestingActivities	2828000
	pmt	Repayments Of Secured Notes Payable Under Mortgage Servicing Rights RepaymentsOfSecuredNotesPayableUnderMortgageServicingRights	0
	pmt	Payments To Deposits Of Cash Collateral To Variable Interest Entities PaymentsToDepositsOfCashCollateralToVariableInterestEntities	0
	pmt	Proceeds From Sale Of Asset Backed Secured Financing ProceedsFromSaleOfAssetBackedSecuredFinancing	0
	pmt	Gains Losses On Sales Of Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfRealEstateUnderForwardPurchaseAgreements	-473000
	pmt	Proceeds From Sale Of Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfRealEstateUnderForwardPurchaseAgreements	5365000
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.95
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-526202000
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8414000	shares
	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 34—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: 4%"> In February 2015, the FASB issued ASU 2015-02, <i>Consolidation (Topic 810): Amendments to the Consolidation Analysis</i> (“ASU 2015-02”). ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships. ASU 2015-02 is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. A reporting entity may apply the amendments in ASU 2015-02: (a) using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption; or (b) by applying the amendments retrospectively. The Company is currently assessing the potential effect that the adoption of ASU 2015-02 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: 4%"> In April 2015, the FASB issued ASU No. 2015-03. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. ASU 2015-03 should be applied on a retrospective basis and is effective for the Company for financial statements issued for fiscal years and interim periods within those fiscal years beginning after December 15, 2015.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company adopted ASU 2015-03 during the quarter ended June 30, 2015. As a result of the adoption of ASU 2015-03, the Company, on its September 30, 2015 consolidated balance sheet, reclassified $7.0 million in debt issuance costs from <i>Other</i> assets and allocated such costs in the amount of $1.7 million to <i>Mortgage loans sold under agreements to repurchase</i>; $16,000 to <i>Mortgage loan participation and sale agreement</i>; $82,000 to <i>Notes payable</i> and $5.2 million to <i>Exchangeable senior notes</i>. There were no changes to the Company’s consolidated statements of income or consolidated statements of cash flows as a result of the Company’s adoption of ASU 2015-03.</p> </div>
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Amendment Flag AmendmentFlag	false
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	12917000
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001464423
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> 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; 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="5%"> </td> <td valign="top" width="2%" 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; 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="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">PCM’s ability to identify and PLS’ ability to execute optimal resolutions of problem mortgage loans;</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="5%"> </td> <td valign="top" width="2%" 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; 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="5%"> </td> <td valign="top" width="2%" 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; 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="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">the level of government support for problem mortgage 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 mortgage loans; and</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="5%"> </td> <td valign="top" width="2%" 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; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> 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	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> Following is a summary of maturities of outstanding assets sold under agreements to repurchase by facility maturity date:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"><!-- Begin Table Head --> <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, 2015</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" nowrap="nowrap" align="center"><b>Contractual<br /> 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" nowrap="nowrap" align="center"> <b>(in thousands)</b></td> <td valign="bottom"> </td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <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">1,521,695</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">413,728</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">252,357</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">290,986</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 1 year to 2 year</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">386,956</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"> <td valign="top"></td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,865,722</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" bgcolor="#CCEEFF"> <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">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.5</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> </table> </div>
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.69
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-8776000
	dei	Entity Registrant Name EntityRegistrantName	PennyMac Mortgage Investment Trust
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	83486000	shares
	us-gaap	Real Estate Owned Valuation Allowance Period Increase Decrease RealEstateOwnedValuationAllowancePeriodIncreaseDecrease	-26740000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	397000	shares
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> <i>Reclassification of previously presented balances</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> In April of 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-03, <i>Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs</i> (“ASU 2015-03”). The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the consolidated balance sheet as a direct deduction from the carrying amount of that debt liability. ASU 2015-03 specifies that its adoption be made on a retrospective basis. Accordingly, the Company has reclassified its debt issuance costs from <i>Other</i> assets as previously presented to <i>Assets sold under agreements to repurchase, Mortgage loan participation and sale agreement</i> and <i>Exchangeable senior notes</i> to conform its December 31, 2014 balance sheet to the current presentation. The adoption of ASU 2015-03 did not result in changes to the Company’s previously presented consolidated statements of income.</p> </div>
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74675000	shares
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
	dei	Trading Symbol TradingSymbol	PMT
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1000000	shares
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.121	pure
	us-gaap	Interest Income Operating InterestIncomeOperating	147456000
	us-gaap	Payments For Federal Home Loan Bank Advances PaymentsForFederalHomeLoanBankAdvances	278484000
	us-gaap	Other Income OtherIncome	6095000
	us-gaap	Net Income Loss NetIncomeLoss	74391000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	73039000
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	6364000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	2090000
	us-gaap	Payments To Acquire Federal Home Loan Bank Stock PaymentsToAcquireFederalHomeLoanBankStock	7330000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	15590000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	66375000
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	4980000
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	3505000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	700000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	79403000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-8016000
	us-gaap	Other Expenses OtherExpenses	22006000
	us-gaap	Share Based Compensation ShareBasedCompensation	4980000
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	32876000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	915000000
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-108382000
	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	-7142000
	us-gaap	Servicing Fees Net ServicingFeesNet	41810000
	us-gaap	Revenues Revenues	198196000
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	8766000
	us-gaap	Interest Paid InterestPaid	85876000
	us-gaap	Gain Loss On Investments GainLossOnInvestments	51019000
	us-gaap	Payments Of Dividends PaymentsOfDividends	138041000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	54211000
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	14881000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	8000
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	74016000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	15955000
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	241981000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	14891000
	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	73039000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	884000
	us-gaap	Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding	58100000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	62224000
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	74016000
	us-gaap	Increase Decrease In Margin Deposits Outstanding IncreaseDecreaseInMarginDepositsOutstanding	-1438000
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	35219000
	us-gaap	Operating Expenses OperatingExpenses	131821000
	us-gaap	Interest Expense InterestExpense	93245000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-69232000
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	215630000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	608351000
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	4440000
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	30913000
	us-gaap	Dividends Common Stock DividendsCommonStock	127166000
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	33003000
	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm	119000
	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	60470000
	us-gaap	Management Fee Expense ManagementFeeExpense	18524000
	us-gaap	Proceeds From Federal Home Loan Bank Advances ProceedsFromFederalHomeLoanBankAdvances	461484000
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	174784000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	10624000
	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	34542000
	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	-8715000
	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	103281000
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-6487000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	52520000
	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	1466000
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5748000
	us-gaap	Professional Fees ProfessionalFees	5249000
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	15955000
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	392000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	10593309000
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1352000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	8000
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-3525000
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-5251000
	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
	pmt	Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoans	0
	pmt	Accrual Of Interest On Excess Spread Investment AccrualOfInterestOnExcessSpreadInvestment	17596000
	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	10803000
	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-27082000
	pmt	Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates	4833000
	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	45752000
	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	241981000
	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	0
	pmt	Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates	24877077000
	pmt	Net Gain Loss On Investments NetGainLossOnInvestments	51019000
	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
	pmt	Basis Point For Mortgage Loan BasisPointForMortgageLoan	0.0050	pure
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	9140782000
	pmt	Repayment Of Borrowings Under Forward Purchase Agreement RepaymentOfBorrowingsUnderForwardPurchaseAgreement	0
	pmt	Repayments Of Assets Sold Under Agreements To Repurchase RepaymentsOfAssetsSoldUnderAgreementsToRepurchase	38534306000
	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	978951000
	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	0
	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	0
	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	36446663000
	pmt	Payments To Purchase Mortgage Loans Held For Sale Affiliates PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates	13708000
	pmt	States Contributing Five Percentage Of Mortgage Loans StatesContributingFivePercentageOfMortgageLoans	New York New Jersey Florida
	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	240483000
	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	4177000
	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	0
	pmt	Repayments Of Excess Servicing Spread Investment RepaymentsOfExcessServicingSpreadInvestment	55800000
	pmt	Sourcing Fee On Unpaid Principal Balance SourcingFeeOnUnpaidPrincipalBalance	0.0003	pure
	pmt	Initial Interest Rates InitialInterestRates	More than 4.5%
	pmt	Loan Originations Fees LoanOriginationsFees	21701000
	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	176000
	pmt	Repayments Of Mortgage Loan Participation Certificates RepaymentsOfMortgageLoanParticipationCertificates	3572232000
	pmt	Fair Value Weighted Average Coupon Interest Rate FairValueWeightedAverageCouponInterestRate	0.0477	pure
	pmt	Proceeds From Sale Of Mortgage Loan Participation Certificates ProceedsFromSaleOfMortgageLoanParticipationCertificates	3613090000
	pmt	Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale	8211000
	pmt	Gains Losses Real Estate Owned Net GainsLossesRealEstateOwnedNet	-11859000
	pmt	Increase Decrease In Servicing Advances IncreaseDecreaseInServicingAdvances	16930000
	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	1181000
	pmt	Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans	174784000
	pmt	Proceeds From Sale Of Assets Under Agreements To Repurchase ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase	38669898000
	pmt	Payment Of Contingent Underwriting Fees PaymentOfContingentUnderwritingFees	705000
	pmt	Other Operating Income Loss Net OtherOperatingIncomeLossNet	15937000
	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd	33834143000
	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	112450000
	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	98818000
	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-11859000
	pmt	Amortized Cost Weighted Average Coupon Interest Rate AmortizedCostWeightedAverageCouponInterestRate	0.0384	pure
	pmt	Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement	0
	pmt	Weighted Average Servicing Fee Rate Amortized Cost WeightedAverageServicingFeeRateAmortizedCost	0.0026	pure
	pmt	Mortgage Loans Description MortgageLoansDescription	Note interest rate pools of 50 basis points
	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	0
	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-81265000
	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	670000
	pmt	Repurchase Of Mortgage Loans Subject To Representation And Warranties RepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties	14873000
	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0227	pure
	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	0
	pmt	Transfer Mortgage Loans Financed To Reo Financed TransferMortgageLoansFinancedToReoFinanced	58923000
	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	0
	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	9169000
	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	3146000
	pmt	Gain On Sale Of Mortgage Servicing Rights GainOnSaleOfMortgageServicingRights	87000
	pmt	Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts	8491000
	pmt	Payments To Purchase Excess Servicing Spread PaymentsToPurchaseExcessServicingSpread	271452000
	pmt	Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue	0
	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	241981000
	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-54183000
	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	4612001000
	pmt	Capitalization Of Interest And Advances On Mortgage Loans At Fair Value CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue	34979000
	pmt	Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	305000
	pmt	Mortgage Servicing Rights Fair Value Option Threshold Loan Interest Rate MortgageServicingRightsFairValueOptionThresholdLoanInterestRate	0.045	pure
	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	3884000
	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	3125328000
	pmt	Payment Of Debt Issuance Cost And Commitment Fees PaymentOfDebtIssuanceCostAndCommitmentFees	8436000
	pmt	Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates	35922418000
	pmt	Representations And Warranties Recovery RepresentationsAndWarrantiesRecovery	230000
	pmt	Reit Qualification Threshold Percentage Of Taxable Income For Distribution ReitQualificationThresholdPercentageOfTaxableIncomeForDistribution	0.90	pure
	pmt	Accrual Reversal Of Costs Related To Forward Purchase Agreement AccrualReversalOfCostsRelatedToForwardPurchaseAgreement	0
	pmt	Proceeds From Secured Notes Payable Under Mortgage Servicing Rights ProceedsFromSecuredNotesPayableUnderMortgageServicingRights	346179000
	pmt	Proceeds From Credit Risk Transfer ProceedsFromCreditRiskTransfer	1204187000
	pmt	Note Payable Weighted Average Interest Rate During Period NotePayableWeightedAverageInterestRateDuringPeriod	0.0424	pure
	pmt	Note Payable Average Balance During Period NotePayableAverageBalanceDuringPeriod	85907000
	pmt	Note Payable Interest Expense During Period NotePayableInterestExpenseDuringPeriod	3369000
	pmt	Note Payable Maximum Daily Amount Outstanding NotePayableMaximumDailyAmountOutstanding	198191000
	pmt	Repayments Of Credit Risk Transfer RepaymentsOfCreditRiskTransfer	1204187000
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements From Financing Activities PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreementsFromFinancingActivities	0
	pmt	Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements From Investing Activities PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreementsFromInvestingActivities	0
	pmt	Repayments Of Secured Notes Payable Under Mortgage Servicing Rights RepaymentsOfSecuredNotesPayableUnderMortgageServicingRights	153765000
	pmt	Payments To Deposits Of Cash Collateral To Variable Interest Entities PaymentsToDepositsOfCashCollateralToVariableInterestEntities	87891000
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	82832000	shares
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	291000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74140000	shares
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.74
CY2014Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.051	pure
CY2014Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	3713000
CY2014Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	19345000
CY2014Q3	us-gaap	Interest Income Operating InterestIncomeOperating	41236000
CY2014Q3	us-gaap	Other Income OtherIncome	2361000
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	54949000
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	54644000
CY2014Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2081000
CY2014Q3	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	54949000
CY2014Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	20300000
CY2014Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	9509000
CY2014Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	602000
CY2014Q3	us-gaap	Servicing Fees Net ServicingFeesNet	10533000
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	57931000
CY2014Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	137000
CY2014Q3	us-gaap	Revenues Revenues	106530000
CY2014Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	70390000
CY2014Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	19216000
	pmt	Proceeds From Sale Of Asset Backed Secured Financing ProceedsFromSaleOfAssetBackedSecuredFinancing	85206000
CY2014	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
CY2014	pmt	Fair Value Weighted Average Coupon Interest Rate FairValueWeightedAverageCouponInterestRate	0.0478	pure
CY2014	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd	28006797000
CY2014	pmt	Amortized Cost Weighted Average Coupon Interest Rate AmortizedCostWeightedAverageCouponInterestRate	0.0380	pure
CY2014	pmt	Weighted Average Servicing Fee Rate Amortized Cost WeightedAverageServicingFeeRateAmortizedCost	0.0026	pure
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	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	Real Estate Owned Valuation Allowance Period Increase Decrease RealEstateOwnedValuationAllowancePeriodIncreaseDecrease	-15639000
CY2014Q3	pmt	Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision	0
CY2014Q3	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	37445000
CY2014Q3	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	0
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	57030000
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2982000
CY2014Q3	us-gaap	Other Expenses OtherExpenses	7384000
CY2014Q3	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-11926000
CY2014Q3	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	9767000
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	48599000
CY2014Q3	us-gaap	Interest Expense InterestExpense	22020000
CY2014Q3	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	8109000
CY2014Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	15814000
CY2014Q3	us-gaap	Management Fee Expense ManagementFeeExpense	9623000
CY2014Q3	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	47890000
CY2014Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	12325000
CY2014Q3	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	26802000
CY2014Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1843000
CY2014Q3	us-gaap	Professional Fees ProfessionalFees	1927000
CY2014Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	305000
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	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-1500000
CY2014Q3	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
CY2014Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	11154000
CY2014Q3	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
CY2014Q3	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	3592000
CY2014Q3	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-12706000
CY2014Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	15497000
CY2014Q3	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	0
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	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	2423013000
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Committed SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityCommitted	578969000
CY2014Q3	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	1234028000
CY2014Q3	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	0
CY2014Q3	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2014Q3	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
CY2014Q3	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	30701324000
CY2014Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	94530000
CY2014Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	1359000
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity	1473312000
CY2014Q3	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	0
CY2014Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Uncommitted SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted	894343000
CY2014Q3	pmt	Loan Originations Fees LoanOriginationsFees	6447000
CY2014Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	0
CY2014Q3	pmt	Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale	-567000
CY2014Q3	pmt	Gains Losses Real Estate Owned Net GainsLossesRealEstateOwnedNet	-11926000
CY2014Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	-3073000
CY2014Q3	pmt	Other Operating Income Loss Net OtherOperatingIncomeLossNet	-3118000
CY2014Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	39614000
CY2015Q3	us-gaap	Real Estate Owned Valuation Allowance Period Increase Decrease RealEstateOwnedValuationAllowancePeriodIncreaseDecrease	-8734000
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	83411000	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	316000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74681000	shares
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.51
CY2015Q3	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1000000	shares
CY2014Q3	pmt	Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-28179000
CY2014Q3	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	0
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0213	pure
CY2014Q3	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2014Q3	pmt	Purchase Of Real Estate Financed Through Forward Purchase Agreements PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements	0
CY2014Q3	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	0
CY2014Q3	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	12812000
CY2014Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	-5697000
CY2014Q3	pmt	Gain On Sale Of Mortgage Servicing Rights GainOnSaleOfMortgageServicingRights	0
CY2014Q3	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	0
CY2014Q3	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	-15473000
CY2014Q3	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	2815572000
CY2014Q3	pmt	Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	0
CY2014Q3	pmt	Transfers To Reo TransfersToReo	0
CY2014Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	8203000
CY2014Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	2501816000
CY2014Q3	pmt	Representations And Warranties Recovery RepresentationsAndWarrantiesRecovery	0
CY2014Q3	pmt	Gains Losses Recognized Upon Sale Of Real Estate Owned Under Forward Purchase Agreement GainsLossesRecognizedUponSaleOfRealEstateOwnedUnderForwardPurchaseAgreement	0
CY2014Q3	pmt	Gains Losses On Sales Of Real Estate Under Forward Purchase Agreements GainsLossesOnSalesOfRealEstateUnderForwardPurchaseAgreements	0
CY2014Q3	pmt	Proceeds From Sale Of Real Estate Under Forward Purchase Agreements ProceedsFromSaleOfRealEstateUnderForwardPurchaseAgreements	0
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.49
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8414000	shares
CY2015Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.47
CY2015Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-5266000
CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.140	pure
CY2015Q3	us-gaap	Interest Income Operating InterestIncomeOperating	61438000
CY2015Q3	us-gaap	Other Income OtherIncome	2549000
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	38812000
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	38451000
CY2015Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2123000
CY2015Q3	us-gaap	Revenues Revenues	90774000
CY2015Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	24958000
CY2015Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	23678000
CY2015Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	4513000
CY2015Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	25500000
CY2015Q3	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	38451000
CY2015Q3	us-gaap	Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding	170902000
CY2015Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	25500000
CY2015Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	13884000
CY2015Q3	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries	-7845000
CY2015Q3	us-gaap	Servicing Fees Net ServicingFeesNet	20791000
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	45107000
CY2015Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0
CY2015Q3	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	2212000
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	40574000
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6295000
CY2015Q3	us-gaap	Other Expenses OtherExpenses	7327000
CY2015Q3	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	5379000
CY2015Q3	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	562000000
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	45667000
CY2015Q3	us-gaap	Interest Expense InterestExpense	37760000
CY2015Q3	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	11333000
CY2015Q3	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm	117000
CY2015Q3	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	21350000
CY2015Q3	us-gaap	Management Fee Expense ManagementFeeExpense	5742000
CY2015Q3	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	46687000
CY2015Q3	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	11736000
CY2015Q3	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	47140000
CY2015Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1550000
CY2015Q3	us-gaap	Professional Fees ProfessionalFees	1759000
CY2015Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	16000000
CY2015Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	361000
CY2015Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-3418000
CY2015Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	-1848000
CY2015Q3	us-gaap	Servicing Asset At Amortized Cost Other Than Temporary Impairments ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments	0
CY2015Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	10636000
CY2015Q3	pmt	Services Fee Annual Rate ServicesFeeAnnualRate	0.0025	pure
CY2015Q3	pmt	Convertible Debt Interest Expense ConvertibleDebtInterestExpense	3605000
CY2015Q3	pmt	Mortgage Loan Hedging Activities Cash Gain Loss MortgageLoanHedgingActivitiesCashGainLoss	-33268000
CY2015Q3	pmt	Loan Fulfillment Fees Payable To Affiliate LoanFulfillmentFeesPayableToAffiliate	17553000
CY2015Q3	pmt	Fair Value Purchased Of Mortgage Loans For Investment Portfolio FairValuePurchasedOfMortgageLoansForInvestmentPortfolio	0
CY2015Q3	pmt	Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries	0
CY2015Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd	0.0222	pure
CY2015Q3	pmt	Amortized Cost Unpaid Principal Balance Of Underlying Loans AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans	3512016000
CY2015Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Committed SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityCommitted	510109000
CY2015Q3	pmt	Fair Value Unpaid Principal Balance Of Underlying Loans FairValueUnpaidPrincipalBalanceOfUnderlyingLoans	578894000
CY2015Q3	pmt	Convertible Debt Average Balance During Period ConvertibleDebtAverageBalanceDuringPeriod	250000000
CY2015Q3	pmt	Average Balance During Period For Servicing Assets Portfolio AverageBalanceDuringPeriodForServicingAssetsPortfolio	38172371000
CY2015Q3	pmt	Transfers From Reo Under Forward Purchases Agreements TransfersFromReoUnderForwardPurchasesAgreements	0
CY2015Q3	pmt	Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2015Q3	pmt	Note Payable Interest Expense During Period NotePayableInterestExpenseDuringPeriod	2375000
CY2015Q3	pmt	Note Payable Maximum Daily Amount Outstanding NotePayableMaximumDailyAmountOutstanding	198191000
CY2015Q3	pmt	Servicing Asset At Fair Value Additions From Loan Sales ServicingAssetAtFairValueAdditionsFromLoanSales	5674000
CY2015Q3	pmt	Change In Fair Value Of Commitments To Purchase Loans ChangeInFairValueOfCommitmentsToPurchaseLoans	9073000
CY2015Q3	pmt	Gain On Sale Of Mortgage Servicing Rights GainOnSaleOfMortgageServicingRights	4000
CY2015Q3	pmt	Fair Value Of Mortgage Loan Purchased During Year FairValueOfMortgageLoanPurchasedDuringYear	0
CY2015Q3	pmt	Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion	4579000
CY2015Q3	pmt	Percentage Of Amortized Cost PercentageOfAmortizedCost	0.0025	pure
CY2015Q3	pmt	Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding	4160814000
CY2015Q3	pmt	Note Payable Weighted Average Interest Rate NotePayableWeightedAverageInterestRate	0.0439	pure
CY2015Q3	pmt	Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue	12000
CY2015Q3	pmt	Change In Fair Value Hedging Instruments Still Held At Period End ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd	-384000
CY2015Q3	pmt	Securities Sold Under Agreements To Repurchase Average Balance SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance	3252341000
CY2015Q3	pmt	Representations And Warranties Recovery RepresentationsAndWarrantiesRecovery	0
CY2015Q3	pmt	Note Payable Weighted Average Interest Rate During Period NotePayableWeightedAverageInterestRateDuringPeriod	0.0425	pure
CY2015Q3	pmt	Note Payable Average Balance During Period NotePayableAverageBalanceDuringPeriod	195030000
CY2015Q3	pmt	Real Estate Acquired In Satisfaction Of Debt RealEstateAcquiredInSatisfactionOfDebt	82405000
CY2015Q3	pmt	Provisions For Representations And Warranties Losses ProvisionsForRepresentationsAndWarrantiesLosses	1833000
CY2015Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity	1379087000
CY2015Q3	pmt	Fair Value Of Reo Purchased During Year FairValueOfReoPurchasedDuringYear	0
CY2015Q3	pmt	Securities Sold Under Agreements Available Borrowing Capacity Uncommitted SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted	868978000
CY2015Q3	pmt	Loan Originations Fees LoanOriginationsFees	9135000
CY2015Q3	pmt	Representations And Warranties Losses Incurred RepresentationsAndWarrantiesLossesIncurred	74000
CY2015Q3	pmt	Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale	-8408000
CY2015Q3	pmt	Gains Losses Real Estate Owned Net GainsLossesRealEstateOwnedNet	-4221000
CY2015Q3	pmt	Change In Fair Value Relating To Mortgage Loans Still Held At Period End ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd	-17097000
CY2015Q3	pmt	Other Operating Income Loss Net OtherOperatingIncomeLossNet	7463000
CY2015Q3	pmt	Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans	52814000
CY2015Q3	pmt	Loan Fulfillment Servicing And Management Fees Payable To Affiliate LoanFulfillmentServicingAndManagementFeesPayableToAffiliate	35031000
CY2015Q3	pmt	Net Results Of Real Estate Acquired In Settlement Of Loans NetResultsOfRealEstateAcquiredInSettlementOfLoans	-4221000
CY2015Q3	pmt	Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults	-28689000
CY2015Q3	pmt	Mortgage Servicing Rights Recapture From Affiliate MortgageServicingRightsRecaptureFromAffiliate	670000
CY2015Q3	pmt	Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod	0.0230	pure
CY2015Q3	pmt	Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries	0
CY2015Q3	pmt	Purchases Of Real Estate Acquired In Settlement Of Loans PurchasesOfRealEstateAcquiredInSettlementOfLoans	0

Files In Submission

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$PMT
PennyMac Mortgage Investment Trust Stock $pmt

2015 Q4 Form 10-Q Financial Statement

#000119312515370228 Filed on November 06, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT PennyMac Mortgage Investment Trust Stock $pmt

2015 Q4 Form 10-Q Financial Statement

#000119312515370228 Filed on November 06, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMT
PennyMac Mortgage Investment Trust Stock $pmt