2018 Q4 Form 10-Q Financial Statement

#000156459018027855 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $83.90M $108.5M $75.80M
YoY Change -10.46% 43.13% -26.64%
Cost Of Revenue $104.1M $94.30M $84.30M
YoY Change 38.99% 11.86% -6.23%
Gross Profit $33.50M $60.80M $31.80M
YoY Change -38.31% 91.19% -40.89%
Gross Profit Margin 39.93% 56.04% 41.95%
Selling, General & Admin $1.800M $4.500M $2.400M
YoY Change -35.71% 87.5% -7.69%
% of Gross Profit 5.37% 7.4% 7.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.500M $56.84M $51.64M
YoY Change 175.0% 10.07% -11.45%
Operating Profit $28.00M $3.961M -$19.84M
YoY Change -46.46% -119.97% 339.67%
Interest Expense -$1.800M $46.61M
YoY Change -71.88%
% of Operating Profit -6.43% 1176.7%
Other Income/Expense, Net $5.199M
YoY Change 31.82%
Pretax Income $26.20M $51.66M $24.17M
YoY Change -42.92% 113.78% -46.31%
Income Tax -$15.40M $5.100M $4.771M
% Of Pretax Income -58.78% 9.87% 19.74%
Net Earnings $41.63M $46.56M $19.40M
YoY Change 1.93% 140.07% -45.22%
Net Earnings / Revenue 49.61% 42.91% 25.59%
Basic Earnings Per Share $0.58 $0.66 $0.20
Diluted Earnings Per Share $0.55 $0.62 $0.20
COMMON SHARES
Basic Shares Outstanding 60.95M 60.95M 66.64M
Diluted Shares Outstanding 69.42M 66.64M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.00M $89.00M $100.0M
YoY Change -23.08% -11.0% -28.06%
Cash & Equivalents $59.85M $88.93M $99.52M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $132.0M $139.0M $167.0M
YoY Change -16.98% -16.77% -25.11%
LONG-TERM ASSETS
Property, Plant & Equipment $43.00M $46.00M $43.00M
YoY Change -2.27% 6.98% 65.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $3.058B $1.837B
YoY Change 66.47% 26.69%
Other Assets
YoY Change
Total Long-Term Assets $7.681B $7.129B $5.618B
YoY Change 41.05% 26.89% -12.16%
TOTAL ASSETS
Total Short-Term Assets $132.0M $139.0M $167.0M
Total Long-Term Assets $7.681B $7.129B $5.618B
Total Assets $7.813B $7.268B $5.785B
YoY Change 39.4% 25.63% -12.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.00M $27.00M $16.00M
YoY Change 22.22% 68.75% 6.67%
Accrued Expenses $36.00M $9.000M $6.000M
YoY Change 414.29% 50.0% 200.0%
Deferred Revenue
YoY Change
Short-Term Debt $5.082B $4.453B $3.476B
YoY Change 55.43% 28.11% 2217.03%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.052B $4.659B $3.393B
YoY Change 49.2% 37.31% 1124.91%
LONG-TERM LIABILITIES
Long-Term Debt $1.149B $1.003B $689.0M
YoY Change 91.82% 45.57% -24.7%
Other Long-Term Liabilities $13.00M $19.00M $15.00M
YoY Change 30.0% 26.67% -99.63%
Total Long-Term Liabilities $1.162B $1.022B $704.0M
YoY Change 90.8% 45.17% -85.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.052B $4.659B $3.393B
Total Long-Term Liabilities $1.162B $1.022B $704.0M
Total Liabilities $6.247B $5.709B $4.174B
YoY Change 53.86% 36.76% -20.7%
SHAREHOLDERS EQUITY
Retained Earnings -$19.72M -$26.29M
YoY Change -57.75%
Common Stock $1.286B $1.285B
YoY Change -0.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.566B $1.559B $1.611B
YoY Change
Total Liabilities & Shareholders Equity $7.813B $7.268B $5.785B
YoY Change 39.4% 25.63% -12.6%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $41.63M $46.56M $19.40M
YoY Change 1.93% 140.07% -45.22%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $227.6M -$210.1M -$4.100M
YoY Change -479.33% 5024.39% -99.33%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$742.2M -$272.6M $286.2M
YoY Change -378.81% -195.25% -294.69%
Cash From Investing Activities -$742.2M -$272.6M $286.2M
YoY Change -378.81% -195.25% -294.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 485.3M 508.7M -252.6M
YoY Change -312.85% -301.39% -131.43%
NET CHANGE
Cash From Operating Activities 227.6M -210.1M -4.100M
Cash From Investing Activities -742.2M -272.6M 286.2M
Cash From Financing Activities 485.3M 508.7M -252.6M
Net Change In Cash -29.30M 26.00M 29.50M
YoY Change 34.4% -11.86% -31.87%
FREE CASH FLOW
Cash From Operating Activities $227.6M -$210.1M -$4.100M
Capital Expenditures
Free Cash Flow
YoY Change

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6543000
pmt Capitalization Of Interest And Fees On Mortgage Loans At Fair Value
CapitalizationOfInterestAndFeesOnMortgageLoansAtFairValue
27737000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-3193000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10243000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2731000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4625000
us-gaap Share Based Compensation
ShareBasedCompensation
4322000
us-gaap Share Based Compensation
ShareBasedCompensation
3864000
pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
46127315000
pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
49769392000
pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
2336162000
pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
373108000
pmt Proceeds From Repurchase Of Mortgage Loans Subject To Representation And Warranties
ProceedsFromRepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties
-8243000
pmt Proceeds From Repurchase Of Mortgage Loans Subject To Representation And Warranties
ProceedsFromRepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties
-8706000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
18992722000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
17683444000
pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
28584762000
pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
32724487000
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-116442000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1316200000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
251872000
pmt Proceeds From Sale And Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleAndRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
126243000
pmt Proceeds From Sale And Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleAndRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
85144000
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
398488000
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
345824000
pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
35852000
pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
42320000
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-1300000
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
423000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
16721000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
42881000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2208000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
13208000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
1928000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11125000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9342000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
84645000
pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
140862000
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
0
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
79000
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
100000
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
0
pmt Contribution To Deposits Securing Credit Risk Transfer Agreements
ContributionToDepositsSecuringCreditRiskTransferAgreements
96446000
pmt Contribution To Deposits Securing Credit Risk Transfer Agreements
ContributionToDepositsSecuringCreditRiskTransferAgreements
102146000
pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
87596000
pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
41823000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-4617000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
2350000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-682143000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
415545000
pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
60463168000
pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
58275935000
pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
59250379000
pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
58856728000
pmt Proceeds From Issuance Of Mortgage Loan Participation Certificates
ProceedsFromIssuanceOfMortgageLoanParticipationCertificates
4603429000
pmt Proceeds From Issuance Of Mortgage Loan Participation Certificates
ProceedsFromIssuanceOfMortgageLoanParticipationCertificates
5473935000
pmt Repayments Of Mortgage Loan Participation Certificates
RepaymentsOfMortgageLoanParticipationCertificates
4616304000
pmt Repayments Of Mortgage Loan Participation Certificates
RepaymentsOfMortgageLoanParticipationCertificates
5455770000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
450000000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
135000000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
330000000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
310000000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
10293000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18708000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
7830000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
86779000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
94953000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10719000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18724000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1494862000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-633579000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
11282000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
65039000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77647000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
34476000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
88929000
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
99515000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88929000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99515000
CY2018Q3 us-gaap Restricted Cash
RestrictedCash
0
CY2017Q3 us-gaap Restricted Cash
RestrictedCash
0
us-gaap Basis Of Accounting
BasisOfAccounting
<div> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 2&#8212;Basis of Presentation</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The accompanying consolidated financial statements have been prepared in compliance with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) as codified in the Financial Accounting Standards Board&#8217;s (&#8220;FASB&#8221;) <font style="font-style:italic;">Accounting Standards Codification</font> (&#8220;ASC&#8221;) for interim financial information and with the Securities and Exchange Commission&#8217;s instructions to Form&#160;10-Q and Rule&#160;10-01 of Regulation&#160;S-X. Accordingly, these financial statements and notes do not include all of the information required by GAAP for complete financial statements. The interim consolidated information should be read together with the Company&#8217;s Annual Report on Form&#160;10-K for the fiscal year ended December&#160;31, 2017 (the &#8220;Annual Report&#8221;).</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying unaudited consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations that may be anticipated for the full year. Intercompany accounts and transactions have been eliminated.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Preparation of financial statements in compliance with GAAP requires the Manager to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. Actual results will likely differ from those estimates.</p></div>
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <p style="margin-top:12pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Following is a summary of maturities of outstanding assets sold under agreements to repurchase by facility maturity date:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:100%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Remaining maturity at September 30, 2018</font></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Contractual balance</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.62%; border-top:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in thousands)</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Within 30 days</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,462,431</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 30 to 90 days</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 90 days to 180 days</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10,328</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 180 days to 1 year</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,815,302</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over one year to two years</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106,536</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,394,597</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average maturity (in months)</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-top:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.9</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div>
CY2016Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
15350000
CY2018Q3 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
84351431000
CY2017Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
8273696000
CY2018Q3 pmt Annual Service Fee Rate
AnnualServiceFeeRate
0.0025
pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.041
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
pmt Reit Qualification Threshold Percentage Of Taxable Income For Distribution
ReitQualificationThresholdPercentageOfTaxableIncomeForDistribution
0.90
pmt Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries
FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries
400929000
CY2017 pmt Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries
FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries
860860000
CY2018Q3 pmt Fair Value Of Distressed Mortgage Loans Purchased And Reo Held
FairValueOfDistressedMortgageLoansPurchasedAndReoHeld
436599000
CY2017Q4 pmt Fair Value Of Distressed Mortgage Loans Purchased And Reo Held
FairValueOfDistressedMortgageLoansPurchasedAndReoHeld
931298000
pmt Services Agreement Expiration Date
ServicesAgreementExpirationDate
2020-09-12
pmt Termination Fees Description
TerminationFeesDescription
The termination fee is equal to three times the sum of (a) the average annual base management fee, and (b) the average annual performance incentive fee earned by PCM, in each case during the 24-month period immediately preceding the date of termination.
CY2016Q4 pmt Excess Service Spread Recapture Of Minimum Percentage Loan Fee Rate And Unpaid Principal Balance Refinance Mortgage Loans
ExcessServiceSpreadRecaptureOfMinimumPercentageLoanFeeRateAndUnpaidPrincipalBalanceRefinanceMortgageLoans
0.90
CY2016Q4 pmt Excess Service Spread Recapture Of Minimum Percentage Loan Fee Rate And Unpaid Principal Balance Modified Mortgage Loans
ExcessServiceSpreadRecaptureOfMinimumPercentageLoanFeeRateAndUnpaidPrincipalBalanceModifiedMortgageLoans
0.90
CY2017Q3 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
61000
pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
61000
CY2018Q3 us-gaap Incentive Fee Expense
IncentiveFeeExpense
683000
CY2018Q3 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
633168000
CY2017Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
1089473000
CY2018Q3 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
788026000
CY2017Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
1360642000
CY2018Q3 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-154858000
CY2017Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-271169000
pmt Mortgage Loans Description
MortgageLoansDescription
Note interest rate pools of 50 basis points
pmt Basis Point For Mortgage Loan
BasisPointForMortgageLoan
0.0050
CY2018Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
248700000
CY2017Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
244900000
CY2017Q3 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
8655000
CY2018Q3 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
8290310000
CY2017Q3 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
794770000
CY2018Q3 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
CY2017Q3 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
CY2017Q3 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
74183000
CY2017Q3 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
6050337000
CY2017Q3 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
228337000
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
28467000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
18687615000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
2613258000
pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0026
pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
178894000
pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
14624151000
pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
CY2018Q3 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Twenty Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTwentyPercentAdverseChangeInAnnualPerLoanCostOfServicing
31337000
CY2017Q4 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Twenty Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTwentyPercentAdverseChangeInAnnualPerLoanCostOfServicing
2976000
CY2017Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
753322000
CY2017 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
63853606000
CY2017 pmt Weighted Average Servicing Fee Rate Amortized Cost
WeightedAverageServicingFeeRateAmortizedCost
0.0025
CY2017 pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.039
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Discount Rate
SensitivityAnalysisOfAmortizedCostEffectInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInDiscountRate
11848000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Ten Percent Adverse Change In Discount Rate
SensitivityAnalysisOfAmortizedCostEffectInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTenPercentAdverseChangeInDiscountRate
23352000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Twenty Percent Adverse Change In Discount Rate
SensitivityAnalysisOfAmortizedCostEffectInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTwentyPercentAdverseChangeInDiscountRate
45379000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInPrepaymentSpeed
12267000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transfer Or Servicing Assets Or Liabilities Impact Off Ten Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferOrServicingAssetsOrLiabilitiesImpactOffTenPercentAdverseChangeInPrepaymentSpeed
24120000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transfer Or Servicing Assets Or Liabilities Impact Off Twenty Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferOrServicingAssetsOrLiabilitiesImpactOffTwentyPercentAdverseChangeInPrepaymentSpeed
46668000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transfer Or Servicing Assets Or Liabilities Impact Off Five Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferOrServicingAssetsOrLiabilitiesImpactOffFivePercentAdverseChangeInAnnualPerLoanCostOfServicing
5721000
CY2017Q4 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00
CY2018Q3 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transfer Or Servicing Assets Or Liabilities Impact Off Ten Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferOrServicingAssetsOrLiabilitiesImpactOffTenPercentAdverseChangeInAnnualPerLoanCostOfServicing
11441000
CY2017Q4 pmt Sensitivity Analysis Of Amortized Cost Effect Of Interests Continued To Be Held By Transfer Or Servicing Assets Or Liabilities Impact Off Twenty Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfAmortizedCostEffectOfInterestsContinuedToBeHeldByTransferOrServicingAssetsOrLiabilitiesImpactOffTwentyPercentAdverseChangeInAnnualPerLoanCostOfServicing
22883000
CY2018Q3 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1930547000
CY2017Q4 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1249277000
CY2018Q3 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
788026000
CY2017Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
1360642000
CY2018Q3 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
292174000
CY2017Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
161535000
CY2018Q3 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.71
CY2017Q4 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.73
CY2018Q3 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.31
CY2017Q4 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.38
CY2018Q3 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
115803000
CY2018Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
17958000
CY2017Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
1922000
CY2018Q3 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
-12736000
CY2017Q4 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
76000
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
17101000
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3305000
CY2018Q3 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInDiscountRate
16686000
CY2017Q4 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInDiscountRate
1347000
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
32897000
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
2655000
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
63970000
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
5162000
CY2018Q3 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInPrepaymentSpeed
15209000
CY2017Q4 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInPrepaymentSpeed
1954000
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
29926000
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
3827000
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
57978000
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
7352000
CY2018Q3 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInAnnualPerLoanCostOfServicing
7834000
CY2017Q4 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Five Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfFivePercentAdverseChangeInAnnualPerLoanCostOfServicing
744000
CY2018Q3 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Ten Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTenPercentAdverseChangeInAnnualPerLoanCostOfServicing
15668000
CY2017Q4 pmt Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Ten Percent Adverse Change In Annual Per Loan Cost Of Servicing
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfTenPercentAdverseChangeInAnnualPerLoanCostOfServicing
1488000
CY2018Q3 pmt Derivative Asset Netting
DerivativeAssetNetting
17958000
CY2018Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
5221000
CY2017Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
1999000
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2017Q4 pmt Derivative Asset Netting
DerivativeAssetNetting
1922000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-13990000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-21749000
CY2018Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3013000
CY2017Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3280000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
8157000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
10895000
CY2018Q3 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-310000
CY2017Q3 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-3143000
CY2018Q3 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
143577000
CY2017Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2017Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
113881000
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4411601000
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
5221000
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4406380000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3184191000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
1999000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3182192000
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
4394500000
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
11880000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
3180886000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1306000
CY2018Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
109271000
CY2017Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
207034000
CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
274069000
CY2018Q3 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
7508000
CY2017Q3 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
22951000
pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
26229000
pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
76981000
CY2018Q3 pmt Increase Decrease Transfer To Other Real Estate
IncreaseDecreaseTransferToOtherRealEstate
559000
CY2017Q3 pmt Increase Decrease Transfer To Other Real Estate
IncreaseDecreaseTransferToOtherRealEstate
2555000
pmt Increase Decrease Transfer To Other Real Estate
IncreaseDecreaseTransferToOtherRealEstate
4123000
pmt Increase Decrease Transfer To Other Real Estate
IncreaseDecreaseTransferToOtherRealEstate
14300000
CY2018Q3 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
655000
CY2017Q3 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
1112000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0
CY2018Q3 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-3323000
CY2017Q3 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-6423000
pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-5833000
pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-10854000
CY2018Q3 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
20960000
CY2017Q3 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
39253000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
84645000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
140862000
CY2017Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
185034000
CY2018Q3 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
43970000
CY2017Q4 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
76037000
CY2018Q3 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
25429000
CY2017Q4 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
48495000
CY2018Q3 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
69399000
CY2017Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
44280000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
153935000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
123869000
CY2017Q4 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
3182504000
CY2017Q3 pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
673433000
pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
CY2017Q3 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-3977000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
17010000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-10370000
CY2017Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
82312000
CY2018Q3 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
1090406000
CY2017Q4 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
90284000
CY2017Q2 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
673433000
CY2017Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
772870000
CY2016Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
606103000
CY2017Q3 pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
772870000
pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
CY2017Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
124532000
CY2018Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1010507000
CY2017Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
77624000
CY2016Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
64136000
CY2018Q3 pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
0
CY2017Q3 pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
0
pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
773035000
pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
0
CY2018Q3 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
1010507000
CY2017Q3 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
77624000
pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
864494000
pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
64136000
CY2018Q3 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
CY2017Q3 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
10000
pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
79000
CY2018Q3 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
100000
CY2017Q3 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
0
us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
100000
us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
0
CY2018Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
33004000
CY2017Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-2628000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
101699000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-6956000
CY2018Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-30053000
CY2017Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-1349000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-84689000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-3414000
CY2018Q3 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
2951000
pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
606103000
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
0
CY2017Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
21634000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
0
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
59015000
CY2017Q3 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
725982000
CY2018Q3 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
0
CY2017Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
16257000
CY2017Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
19548000
CY2016Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
13672000
CY2017Q3 pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInAccountingPrinciple
0
pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInAccountingPrinciple
-19548000
pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInAccountingPrinciple
0
CY2017Q3 pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
-16257000
pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
0
pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
-13672000
CY2017Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
1702000
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
0
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
4287000
CY2017Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
17959000
CY2018Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
0
CY2017Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
708023000
CY2018Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
0
CY2017Q2 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
682437000
CY2016Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
626334000
CY2017Q3 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
728828000
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchase
584762000
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Notes Payable
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureNotesPayable
156846000
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecure
741608000
CY2018Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
49864000
CY2017Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
42237000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
147262000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
119223000
CY2018Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
252000
CY2017Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
173000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
685000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
536000
CY2018Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
2859000
CY2017Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
1870000
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
5988000
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
4110000
CY2018Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
52975000
CY2018Q3 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0319
CY2017Q3 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0272
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0312
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0257
CY2018Q3 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
4072301000
CY2017Q3 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3474903000
pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3573805000
pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3388626000
CY2018Q3 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
29725000
CY2017Q3 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
26157000
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
79705000
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
72280000
CY2018Q3 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
5091893000
CY2017Q3 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
3973869000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
5677797000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4083326000
us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
The master repurchase agreement is subject to a rolling six-month term through August 18, 2019, unless terminated earlier at the option of the lender. There can be no assurance that the lender will not terminate this agreement before its stated maturity
CY2018Q3 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
4394597000
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0323
CY2017 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0277
pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
564023000
CY2017 pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
749650000
pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
1947494000
CY2017 pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
2030607000
pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
2511517000
CY2017 pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
2780257000
CY2018Q3 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
42550000
CY2017Q4 us-gaap Good Faith And Margin Deposits With Broker Dealers
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pmt Note Payable Weighted Average Interest Rate During Period
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CY2018Q3 pmt Note Payable Average Balance During Period
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CY2017Q3 pmt Note Payable Average Balance During Period
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pmt Note Payable Average Balance During Period
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pmt Note Payable Average Balance During Period
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CY2018Q3 pmt Note Payable Interest Expense During Period
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2320000
pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
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pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
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CY2018Q3 pmt Notes Payable Gross
NotesPayableGross
450000000
CY2018Q3 pmt Note Payable Weighted Average Interest Rate
NotePayableWeightedAverageInterestRate
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CY2018Q3 pmt Mortgage Servicing Rights Secured Notes Payable
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MortgageServicingRightsSecuredNotesPayable
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RepresentationsAndWarrantiesLiability
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CY2018Q3 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
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CY2017Q3 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
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pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
1724000
pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
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CY2018Q3 pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
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CY2017Q3 pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
-1642000
pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
-3030000
pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
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CY2018Q3 pmt Representations And Warranties Recoveries Losses Net
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0
CY2017Q3 pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
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pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
41000
pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
-135000
CY2017Q3 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
10047000
CY2018Q3 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
83370583000
CY2017Q3 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
67196537000
CY2018Q3 pmt Mortgage Loans Acquired For Sale Outstanding Contractual Purchase Commitments
MortgageLoansAcquiredForSaleOutstandingContractualPurchaseCommitments
1682007000
CY2018Q3 pmt Commitments To Fund Deposits Securing Credit Risk Transfer Agreements
CommitmentsToFundDepositsSecuringCreditRiskTransferAgreements
578508000
CY2018Q3 pmt Firm Commitment To Purchase Credit Risk Transfer Security
FirmCommitmentToPurchaseCreditRiskTransferSecurity
294698000
CY2018Q3 us-gaap Preferred Stock Discount On Shares
PreferredStockDiscountOnShares
10293000
CY2018Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0
CY2018Q3 pmt Stock Repurchase Program Cost Of Cumulative Shares Repurchased
StockRepurchaseProgramCostOfCumulativeSharesRepurchased
216625000
pmt Agreement Effective Date
AgreementEffectiveDate
2013-02-01
us-gaap Payment For Incentive Fee
PaymentForIncentiveFee
10
pmt Performance Incentive Fees Earned
PerformanceIncentiveFeesEarned
100
CY2017Q3 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
63584416000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
77522709000
pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
0
CY2018Q3 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
0
us-gaap Incentive Fee Expense
IncentiveFeeExpense
683000
CY2018Q3 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
81350980000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
61764228000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
245
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
262
CY2018Q3 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
0
CY2017Q3 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
36000
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3823000
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3992000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
289
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
284
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
13
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1566000
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
737000
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.099
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.156
CY2017 pmt Percentage Of Deduction From Taxable Income For Ordinary Reit Dividends
PercentageOfDeductionFromTaxableIncomeForOrdinaryREITDividends
0.20
CY2018Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
236000
CY2017Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
231000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
541000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
760000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40091000
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13039000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
91929000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
67119000
CY2018Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
40091000
CY2017Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
13039000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
91929000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
67119000
CY2018Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2661000
CY2017Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
7973000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
6564000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
42752000
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13039000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
99902000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
73683000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
CY2018Q3 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
13899000
CY2018Q3 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
36327000
CY2018Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14030000
CY2017Q3 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
10827000
CY2017Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
10691000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
28083000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
83280000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
34193000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
26300000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
93171000
CY2017Q3 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
34909000
CY2017Q3 us-gaap Assets
Assets
5785043000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
35783000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
900000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-294000
us-gaap Interest Paid
InterestPaid
124332000
us-gaap Interest Paid
InterestPaid
115108000
pmt Cumulative Effect On Accumulated Deficit Of Conversion To Fair Value Accounting
CumulativeEffectOnAccumulatedDeficitOfConversionToFairValueAccounting
14361000
pmt Cumulative Effect On Accumulated Deficit Of Conversion To Fair Value Accounting
CumulativeEffectOnAccumulatedDeficitOfConversionToFairValueAccounting
0
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
26229000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
76981000
pmt Transfer Of Other Real Estate To Real Estate Held For Investment
TransferOfOtherRealEstateToRealEstateHeldForInvestment
4123000
pmt Transfer Of Other Real Estate To Real Estate Held For Investment
TransferOfOtherRealEstateToRealEstateHeldForInvestment
14300000
pmt Transfer Of Real Estate Held For Invesstment To Other Real Estate
TransferOfRealEstateHeldForInvesstmentToOtherRealEstate
1112000
pmt Transfer Of Real Estate Held For Invesstment To Other Real Estate
TransferOfRealEstateHeldForInvesstmentToOtherRealEstate
0
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
228337000
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
207361000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
1983000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
4160000
pmt Capitalization Of Servicing Advances Pursuant To Mortgage Loan Modifications
CapitalizationOfServicingAdvancesPursuantToMortgageLoanModifications
4734000
pmt Capitalization Of Servicing Advances Pursuant To Mortgage Loan Modifications
CapitalizationOfServicingAdvancesPursuantToMortgageLoanModifications
17759000
pmt Recognition Of Financing Premium From Repurchase Agreement Derivatives
RecognitionOfFinancingPremiumFromRepurchaseAgreementDerivatives
11411000
pmt Recognition Of Financing Premium From Repurchase Agreement Derivatives
RecognitionOfFinancingPremiumFromRepurchaseAgreementDerivatives
0
CY2018Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
28817000
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31655000
CY2018Q3 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
2500000
CY2018Q3 us-gaap Loans Receivable Basis Spread On Variable Rate
LoansReceivableBasisSpreadOnVariableRate
0.0025

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