2019 Q2 Form 10-Q Financial Statement

#000156459019028803 Filed on August 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $96.40M $82.99M
YoY Change 16.16% -1.15%
Cost Of Revenue $120.3M $73.30M
YoY Change 64.12% -9.06%
Gross Profit $42.00M $49.80M
YoY Change -15.66% 19.14%
Gross Profit Margin 43.57% 60.01%
Selling, General & Admin $3.500M $4.000M
YoY Change -12.5% -14.89%
% of Gross Profit 8.33% 8.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $63.03M $40.71M
YoY Change 54.85% -21.92%
Operating Profit -$21.03M $9.095M
YoY Change -331.24% -188.02%
Interest Expense $65.90M $40.07M
YoY Change 64.47% 4.27%
% of Operating Profit 440.52%
Other Income/Expense, Net $2.214M
YoY Change -43.22%
Pretax Income $33.37M $42.29M
YoY Change -21.08% 32.87%
Income Tax -$10.86M $5.861M
% Of Pretax Income -32.55% 13.86%
Net Earnings $44.23M $36.43M
YoY Change 21.44% 26.56%
Net Earnings / Revenue 45.88% 43.89%
Basic Earnings Per Share $0.52 $0.49
Diluted Earnings Per Share $0.50 $0.47
COMMON SHARES
Basic Shares Outstanding 73.43M 60.90M
Diluted Shares Outstanding 81.89M 69.37M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.00M $63.00M
YoY Change 23.81% -10.0%
Cash & Equivalents $77.68M $63.04M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $115.0M $120.0M
YoY Change -4.17% -15.49%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $46.00M
YoY Change -100.0% 15.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.947B $2.623B
YoY Change 88.6% 37.47%
Other Assets
YoY Change
Total Long-Term Assets $9.351B $6.557B
YoY Change 42.61% 11.73%
TOTAL ASSETS
Total Short-Term Assets $115.0M $120.0M
Total Long-Term Assets $9.351B $6.557B
Total Assets $9.466B $6.677B
YoY Change 41.77% 11.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.00M $20.00M
YoY Change 75.0% 11.11%
Accrued Expenses $26.00M $8.000M
YoY Change 225.0% 14.29%
Deferred Revenue
YoY Change
Short-Term Debt $5.483B $3.631B
YoY Change 51.02% -5.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.567B $4.033B
YoY Change 38.04% 7.72%
LONG-TERM LIABILITIES
Long-Term Debt $1.889B $1.068B
YoY Change 76.87% 37.98%
Other Long-Term Liabilities $30.00M $11.00M
YoY Change 172.73% -45.0%
Total Long-Term Liabilities $1.919B $1.079B
YoY Change 77.85% 35.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.567B $4.033B
Total Long-Term Liabilities $1.919B $1.079B
Total Liabilities $7.522B $5.131B
YoY Change 46.59% 12.64%
SHAREHOLDERS EQUITY
Retained Earnings -$3.745M -$37.80M
YoY Change -90.09%
Common Stock $1.648B $1.284B
YoY Change 28.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.944B $1.545B
YoY Change
Total Liabilities & Shareholders Equity $9.466B $6.677B
YoY Change 41.77% 11.09%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $44.23M $36.43M
YoY Change 21.44% 26.56%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.060B -$713.8M
YoY Change 48.49% 559.7%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$831.1M -$181.9M
YoY Change 356.9% -308.36%
Cash From Investing Activities -$831.1M -$181.9M
YoY Change 356.9% -308.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.900B 856.6M
YoY Change 121.83% -3033.56%
NET CHANGE
Cash From Operating Activities -1.060B -713.8M
Cash From Investing Activities -831.1M -181.9M
Cash From Financing Activities 1.900B 856.6M
Net Change In Cash 9.200M -39.10M
YoY Change -123.53% -21.96%
FREE CASH FLOW
Cash From Operating Activities -$1.060B -$713.8M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Shell Company
EntityShellCompany
false
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
270186273
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
270186273
pmt Repurchase Agreements Weighted Average Maturity Period
RepurchaseAgreementsWeightedAverageMaturityPeriod
P2M
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity File Number
EntityFileNumber
001-34416
dei Entity Address Address Line1
EntityAddressAddressLine1
3043 Townsgate Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Westlake Village
dei Entity Address State Or Province
EntityAddressStateOrProvince
California
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
91361
dei City Area Code
CityAreaCode
818
dei Local Phone Number
LocalPhoneNumber
224-7442
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q2 us-gaap Cash
Cash
77676000
CY2018Q4 us-gaap Cash
Cash
59845000
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
76731000
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
74850000
CY2019Q2 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
2600357000
CY2018Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
2610422000
CY2019Q2 pmt Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue
2459483000
CY2018Q4 pmt Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue
1621879000
CY2019Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2477267000
CY2018Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1643957000
CY2019Q2 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
356337000
CY2018Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
399266000
CY2019Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
358570000
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
408305000
CY2019Q2 pmt Excess Spread Investment
ExcessSpreadInvestment
194156000
CY2018Q4 pmt Excess Spread Investment
ExcessSpreadInvestment
216110000
CY2019Q2 pmt Derivative Assets Pledged To Creditors
DerivativeAssetsPledgedToCreditors
160156000
CY2018Q4 pmt Derivative Assets Pledged To Creditors
DerivativeAssetsPledgedToCreditors
87976000
CY2019Q2 pmt Derivative And Credit Risk Transfer Strip Assets
DerivativeAndCreditRiskTransferStripAssets
258782000
CY2018Q4 pmt Derivative And Credit Risk Transfer Strip Assets
DerivativeAndCreditRiskTransferStripAssets
167165000
CY2019Q2 pmt Firm Commitment To Purchase Credit Risk Transfer Security At Fair Value
FirmCommitmentToPurchaseCreditRiskTransferSecurityAtFairValue
15581000
CY2018Q4 pmt Firm Commitment To Purchase Credit Risk Transfer Security At Fair Value
FirmCommitmentToPurchaseCreditRiskTransferSecurityAtFairValue
37994000
CY2019Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
97808000
CY2018Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
85681000
CY2019Q2 us-gaap Real Estate Investments
RealEstateInvestments
0
CY2018Q4 us-gaap Real Estate Investments
RealEstateInvestments
43110000
CY2019Q2 pmt Deposits Securing Credit Risk Transfer Agreements
DepositsSecuringCreditRiskTransferAgreements
2060612000
CY2018Q4 pmt Deposits Securing Credit Risk Transfer Agreements
DepositsSecuringCreditRiskTransferAgreements
1146501000
dei Trading Symbol
TradingSymbol
PMT
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
83741000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1542258000
pmt Loan Originations Fees
LoanOriginationsFees
30568000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
55567000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16769000
pmt Loan Originations Fees
LoanOriginationsFees
15887000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
36425000
us-gaap Dividends Preferred Stock
DividendsPreferredStock
12472000
pmt Mortgage Loan Collection And Liquidation Expenses
MortgageLoanCollectionAndLiquidationExpenses
4152000
us-gaap Net Income Loss
NetIncomeLoss
64611000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12469000
CY2018Q2 pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
30191000
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73425000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-727000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
595000
pmt Reversal Of Contingent Underwriting Fees
ReversalOfContingentUnderwritingFees
1134000
pmt Reversal Of Contingent Underwriting Fees
ReversalOfContingentUnderwritingFees
0
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3488000
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4307000
CY2018Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2214000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
63031000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
55567000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16769000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
59845000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77647000
us-gaap Loan Processing Fee
LoanProcessingFee
1844000
CY2018Q2 pmt Loan Originations Fees
LoanOriginationsFees
8850000
CY2018Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
9142000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1566132000
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1415000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3740000
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2220000
CY2019Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1771000
CY2018Q2 us-gaap Assets
Assets
6676849000
CY2018Q2 us-gaap Dividends Common Stock
DividendsCommonStock
28817000
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1857000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
167165000
CY2018Q4 us-gaap Servicing Asset
ServicingAsset
1162369000
CY2019Q2 us-gaap Servicing Asset
ServicingAsset
1126427000
CY2018Q2 us-gaap Loan Processing Fee
LoanProcessingFee
1572000
us-gaap Loan Processing Fee
LoanProcessingFee
5395000
CY2019Q2 us-gaap Liabilities
Liabilities
7521855000
CY2018Q4 us-gaap Liabilities
Liabilities
6247229000
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
299707000
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
299707000
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
786000
CY2019Q2 pmt Servicing Advances
ServicingAdvances
35143000
CY2018Q4 pmt Servicing Advances
ServicingAdvances
67666000
CY2019Q2 us-gaap Other Assets
OtherAssets
85194000
CY2018Q4 us-gaap Other Assets
OtherAssets
85309000
CY2019Q2 us-gaap Assets
Assets
9465789000
CY2018Q4 us-gaap Assets
Assets
7813361000
CY2019Q2 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
5364551000
CY2018Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
4777027000
CY2019Q2 pmt Mortgage Loan Participation Purchase And Sale Agreement
MortgageLoanParticipationPurchaseAndSaleAgreement
0
CY2018Q4 pmt Mortgage Loan Participation Purchase And Sale Agreement
MortgageLoanParticipationPurchaseAndSaleAgreement
178639000
CY2019Q2 us-gaap Convertible Debt
ConvertibleDebt
248958000
CY2018Q4 us-gaap Convertible Debt
ConvertibleDebt
248350000
CY2019Q2 us-gaap Notes Payable
NotesPayable
1370074000
CY2018Q4 us-gaap Notes Payable
NotesPayable
445573000
CY2019Q2 pmt Asset Backed Secured Financing Liability Fair Value
AssetBackedSecuredFinancingLiabilityFairValue
270077000
CY2018Q4 pmt Asset Backed Secured Financing Liability Fair Value
AssetBackedSecuredFinancingLiabilityFairValue
276499000
CY2019Q2 pmt Interest Only Security Payable At Fair Value
InterestOnlySecurityPayableAtFairValue
26356000
CY2018Q4 pmt Interest Only Security Payable At Fair Value
InterestOnlySecurityPayableAtFairValue
36011000
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
22454000
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5914000
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
36373000
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
70687000
CY2019Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
21873000
CY2018Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
36526000
CY2019Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7728000
CY2018Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7514000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
610000
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1647186000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1285533000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3745000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-19718000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1943934000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1566132000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9465789000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7813361000
CY2019Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
87754000
CY2018Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
25509000
us-gaap Gain Loss On Investments
GainLossOnInvestments
182847000
us-gaap Gain Loss On Investments
GainLossOnInvestments
25527000
CY2019Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
34244000
CY2019Q2 pmt Loan Originations Fees
LoanOriginationsFees
17630000
CY2019Q2 us-gaap Interest Income Operating
InterestIncomeOperating
71793000
CY2018Q2 us-gaap Interest Income Operating
InterestIncomeOperating
52344000
us-gaap Interest Income Operating
InterestIncomeOperating
134874000
us-gaap Interest Income Operating
InterestIncomeOperating
93324000
CY2019Q2 us-gaap Interest Expense
InterestExpense
65896000
CY2018Q2 us-gaap Interest Expense
InterestExpense
40065000
us-gaap Interest Expense
InterestExpense
120635000
us-gaap Interest Expense
InterestExpense
74881000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5897000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12279000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14239000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18443000
CY2019Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
2075000
CY2018Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-2297000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
595000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-5523000
CY2019Q2 us-gaap Other Income
OtherIncome
2390000
CY2018Q2 us-gaap Other Income
OtherIncome
1922000
us-gaap Other Income
OtherIncome
3872000
us-gaap Other Income
OtherIncome
3820000
CY2019Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
96401000
CY2018Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
82991000
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
203019000
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
158664000
CY2019Q2 pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
29590000
CY2018Q2 pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
14559000
pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
57164000
pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
26503000
CY2019Q2 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
11568000
CY2018Q2 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
9431000
us-gaap Loan Portfolio Expense
LoanPortfolioExpense
22138000
us-gaap Loan Portfolio Expense
LoanPortfolioExpense
20450000
CY2019Q2 us-gaap Management Fee Expense
ManagementFeeExpense
8832000
CY2018Q2 us-gaap Management Fee Expense
ManagementFeeExpense
5728000
us-gaap Management Fee Expense
ManagementFeeExpense
16080000
us-gaap Management Fee Expense
ManagementFeeExpense
11424000
CY2019Q2 us-gaap Loan Processing Fee
LoanProcessingFee
3118000
CY2019Q2 us-gaap Professional Fees
ProfessionalFees
1733000
pmt Proceeds From Settlement Of Repurchase Agreement Derivatives
ProceedsFromSettlementOfRepurchaseAgreementDerivatives
11567000
CY2018Q2 us-gaap Professional Fees
ProfessionalFees
1757000
CY2019Q2 pmt Mortgage Loan Collection And Liquidation Expenses
MortgageLoanCollectionAndLiquidationExpenses
1247000
CY2018Q2 pmt Mortgage Loan Collection And Liquidation Expenses
MortgageLoanCollectionAndLiquidationExpenses
1923000
pmt Mortgage Loan Collection And Liquidation Expenses
MortgageLoanCollectionAndLiquidationExpenses
2831000
CY2019Q2 pmt Real Estate Held For Investment Expenses
RealEstateHeldForInvestmentExpenses
865000
CY2018Q2 pmt Real Estate Held For Investment Expenses
RealEstateHeldForInvestmentExpenses
1301000
pmt Real Estate Held For Investment Expenses
RealEstateHeldForInvestmentExpenses
1919000
pmt Real Estate Held For Investment Expenses
RealEstateHeldForInvestmentExpenses
2739000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80124000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14523000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15513000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
36425000
us-gaap Net Income Loss
NetIncomeLoss
97760000
CY2019Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6234000
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6234000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12468000
CY2019Q2 pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
37999000
pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
85291000
pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
52143000
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60903000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69051000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60844000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81892000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69370000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77518000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69311000
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1545487000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1727589000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
44233000
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
216721000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
2735000
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
37053000
CY2019Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6236000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1943934000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1544585000
us-gaap Net Income Loss
NetIncomeLoss
64611000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2756000
us-gaap Dividends Common Stock
DividendsCommonStock
57635000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
10719000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1545487000
us-gaap Net Income Loss
NetIncomeLoss
97760000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
432000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
366188000
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
4791000
us-gaap Dividends Common Stock
DividendsCommonStock
69315000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1943934000
us-gaap Net Income Loss
NetIncomeLoss
97760000
us-gaap Net Income Loss
NetIncomeLoss
64611000
us-gaap Gain Loss On Investments
GainLossOnInvestments
182847000
us-gaap Gain Loss On Investments
GainLossOnInvestments
25527000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
55567000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16769000
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
224125000
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
18228000
pmt Accrual Of Interest On Excess Servicing Spread Purchased
AccrualOfInterestOnExcessServicingSpreadPurchased
5833000
pmt Accrual Of Interest On Excess Servicing Spread Purchased
AccrualOfInterestOnExcessServicingSpreadPurchased
7844000
pmt Capitalization Of Interest And Fees On Mortgage Loans At Fair Value
CapitalizationOfInterestAndFeesOnMortgageLoansAtFairValue
1928000
pmt Capitalization Of Interest And Fees On Mortgage Loans At Fair Value
CapitalizationOfInterestAndFeesOnMortgageLoansAtFairValue
4246000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-4596000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-12405000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1462000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-5523000
us-gaap Share Based Compensation
ShareBasedCompensation
3032000
us-gaap Share Based Compensation
ShareBasedCompensation
2756000
pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
37634892000
pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
29026386000
pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
2218721000
pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
1427637000
pmt Proceeds From Repurchase Of Mortgage Loans Subject To Representation And Warranties
ProceedsFromRepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties
-5341000
pmt Proceeds From Repurchase Of Mortgage Loans Subject To Representation And Warranties
ProceedsFromRepurchaseOfMortgageLoansSubjectToRepresentationAndWarranties
-5603000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
20802011000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
10556931000
pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
17956971000
pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
19267316000
pmt Proceeds From Settlement Of Repurchase Agreement Derivatives
ProceedsFromSettlementOfRepurchaseAgreementDerivatives
2495000
us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-2524000
us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-14000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-97717000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-41065000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5812000
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1189000
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-7458000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-14653000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
14620000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-915047000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-591273000
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
1881000
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
21086000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
81202000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
814792000
pmt Proceeds From Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
144868000
pmt Proceeds From Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
73279000
pmt Payments For Repurchase Of Mortgage Loans At Fair Value
PaymentsForRepurchaseOfMortgageLoansAtFairValue
886000
pmt Payments For Repurchase Of Mortgage Loans At Fair Value
PaymentsForRepurchaseOfMortgageLoansAtFairValue
0
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
44984000
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
293535000
pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
21082000
pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
24309000
pmt Settlement Of Firm Commitment To Purchase Credit Risk Transfer Securities
SettlementOfFirmCommitmentToPurchaseCreditRiskTransferSecurities
31925000
pmt Settlement Of Firm Commitment To Purchase Credit Risk Transfer Securities
SettlementOfFirmCommitmentToPurchaseCreditRiskTransferSecurities
0
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
22103000
pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
61473000
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-1898000
pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
31171000
pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
63685000
pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
57091000
pmt Deposits Of Cash Securing Credit Risk Transfer Agreements
DepositsOfCashSecuringCreditRiskTransferAgreements
933370000
pmt Deposits Of Cash Securing Credit Risk Transfer Agreements
DepositsOfCashSecuringCreditRiskTransferAgreements
77888000
pmt Increase Decrease In Margin Deposits
IncreaseDecreaseInMarginDeposits
-48308000
pmt Increase Decrease In Margin Deposits
IncreaseDecreaseInMarginDeposits
9524000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-655631000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-409493000
pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
51009663000
pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
37309146000
pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
50421692000
pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
36710604000
pmt Proceeds From Issuance Of Mortgage Loan Participation Purchase And Sale Agreements
ProceedsFromIssuanceOfMortgageLoanParticipationPurchaseAndSaleAgreements
2756486000
pmt Proceeds From Issuance Of Mortgage Loan Participation Purchase And Sale Agreements
ProceedsFromIssuanceOfMortgageLoanParticipationPurchaseAndSaleAgreements
2402527000
pmt Repayment Of Mortgage Loan Participation Purchase And Sale Agreements
RepaymentOfMortgageLoanParticipationPurchaseAndSaleAgreements
2935212000
pmt Repayment Of Mortgage Loan Participation Purchase And Sale Agreements
RepaymentOfMortgageLoanParticipationPurchaseAndSaleAgreements
2359327000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
933730000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
450000000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
7095000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
13625000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10431000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2293000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
12309000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
7839000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6331000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8457000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12472000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12472000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61078000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
57963000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
366188000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4791000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2600000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0
pmt Payment Of Contingent Underwriting Fees
PaymentOfContingentUnderwritingFees
353000
pmt Payment Of Contingent Underwriting Fees
PaymentOfContingentUnderwritingFees
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10719000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1588509000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
986154000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17831000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14612000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77676000
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
63035000
CY2018Q4 us-gaap Convertible Debt
ConvertibleDebt
248350000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
pmt Reit Qualification Threshold Percentage Of Taxable Income For Distribution
ReitQualificationThresholdPercentageOfTaxableIncomeForDistribution
0.90
us-gaap Basis Of Accounting
BasisOfAccounting
<p style="margin-top:18pt;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—Basis of Presentation</p> <p style="margin-top:6pt;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 consolidated financial statements have been prepared in compliance with accounting principles generally accepted in the United States (“GAAP”) as codified in the Financial Accounting Standards Board’s (“FASB”) <span style="font-style:italic;">Accounting Standards Codification</span> (“ASC”) for interim financial information and with the Securities and Exchange Commission’s instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, these financial statements and notes do not include all of the information required by GAAP for complete financial statements. This interim consolidated information should be read together with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “Annual Report”).</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 Company 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> <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 Company held no restricted cash during the periods presented. Therefore, the consolidated statements of cash flows do not include references to restricted cash.</p>
CY2019Q2 us-gaap Restricted Cash
RestrictedCash
0
CY2018Q2 us-gaap Restricted Cash
RestrictedCash
0
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
CY2019Q2 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
358570000
CY2019Q2 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
414219000
CY2019Q2 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-55649000
CY2018Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
408305000
CY2018Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
495651000
CY2018Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-87346000
CY2018Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-9815000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-32652000
CY2019Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
253133000
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
247172000
CY2019Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1375534000
CY2018Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
444403000
CY2019Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1126427000
CY2018Q4 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1621879000
CY2018Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1162369000
CY2019Q2 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
106200501000
CY2018Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
92410226000
CY2019Q2 pmt Msr At Fair Value Service Fee Annual Rate
MSRAtFairValueServiceFeeAnnualRate
0.0027
CY2018Q4 pmt Msr At Fair Value Service Fee Annual Rate
MSRAtFairValueServiceFeeAnnualRate
0.0025
pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.043
CY2018 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.042
CY2019Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2477267000
CY2018Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1643957000
CY2019Q2 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
2459483000
CY2019Q2 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
152986000
CY2018Q2 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
65408000
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
284854000
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
131954000
CY2019Q2 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
11086509000
CY2018Q2 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
5282564000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
20331686000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
10397305000
CY2019Q2 pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0031
CY2018Q2 pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0026
pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0032
pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0026
CY2019Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
358570000
CY2019Q2 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
414219000
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
408305000
CY2018Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
495651000
CY2019Q2 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
284097000
CY2018Q4 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
290573000
CY2019Q2 pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
-53589000
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5914000
CY2019Q2 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
356337000
CY2018Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
399266000
CY2019Q2 pmt Carrying Value Of Credit Risk Transfer Strips
CarryingValueOfCreditRiskTransferStrips
62479000
CY2018Q4 pmt Carrying Value Of Credit Risk Transfer Strips
CarryingValueOfCreditRiskTransferStrips
0
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
196303000
CY2019Q2 us-gaap Credit Risk Derivative Assets At Fair Value
CreditRiskDerivativeAssetsAtFairValue
258782000
CY2018Q4 us-gaap Credit Risk Derivative Assets At Fair Value
CreditRiskDerivativeAssetsAtFairValue
167165000
CY2019Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
62479000
CY2019Q2 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
62479000
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
219626000
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
27306000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
171996000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
29490000
CY2019Q2 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
23323000
CY2019Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
4852000
CY2018Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
4831000
CY2018Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
23576000
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
196303000
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
22454000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
167165000
CY2019Q2 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
-18470000
CY2018Q4 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
18744000
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
219626000
CY2019Q2 pmt Derivative Asset Netting
DerivativeAssetNetting
23323000
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
196303000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
171996000
CY2018Q4 pmt Derivative Asset Netting
DerivativeAssetNetting
4831000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
167165000
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
196303000
CY2019Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2019Q2 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
196303000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
167165000
CY2018Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2017Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
162865000
CY2019Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
72175000
CY2018Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
141506000
CY2018Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
85681000
CY2018Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
167165000
CY2019Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
5391857000
CY2019Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
4852000
CY2019Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
5387005000
CY2018Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4806517000
CY2018Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
23576000
CY2018Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4782941000
CY2019Q2 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
7721000
CY2018Q2 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2358000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
12271000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
18721000
CY2019Q2 pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
30108000
CY2018Q2 pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
0
pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
30432000
pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
0
CY2019Q2 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0
CY2018Q2 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
1048000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
3107000
CY2019Q2 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
146000
CY2018Q2 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-5308000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-3415000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-10667000
CY2019Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1929000
CY2018Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3011000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4010000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5144000
CY2019Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
2075000
CY2018Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-2297000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
595000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-5523000
CY2019Q2 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
14271000
CY2018Q2 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
31248000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
31171000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
63685000
CY2019Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
97808000
CY2018Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
109271000
CY2019Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
97808000
CY2018Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
109271000
CY2019Q2 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
65008000
CY2018Q4 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
1939000
CY2019Q2 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
0
CY2018Q4 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
38259000
CY2019Q2 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
65008000
CY2018Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
40198000
CY2019Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1156908000
CY2018Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
957013000
CY2018Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1162369000
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
91459000
CY2019Q1 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
CY2018Q1 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
CY2018Q4 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
CY2017Q4 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
CY2019Q1 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
1156908000
CY2018Q1 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
957013000
CY2018Q4 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
1162369000
CY2017Q4 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
864494000
CY2019Q2 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
152986000
CY2018Q2 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
65408000
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
284854000
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
131954000
CY2019Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-136887000
CY2018Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
16084000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-233395000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
68695000
CY2019Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-46580000
CY2018Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-27998000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-87401000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-54636000
CY2019Q2 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-183467000
CY2018Q2 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-11914000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-320796000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
14059000
CY2019Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1126427000
CY2018Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1010507000
CY2019Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1126427000
CY2018Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1010507000
CY2019Q2 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
1105099000
CY2018Q4 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
1139582000
CY2019Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
66919000
CY2018Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
48667000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
128191000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
97399000
CY2019Q2 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
340000
CY2018Q2 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
220000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
670000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
433000
CY2019Q2 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
6068000
CY2018Q2 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
1639000
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
8946000
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
3129000
CY2019Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
73327000
CY2018Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
50526000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
137807000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
100961000
CY2019Q2 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0334
CY2018Q2 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0310
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0342
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0314
CY2019Q2 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
4911964000
CY2018Q2 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3462865000
pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
4878768000
pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3271453000
CY2019Q2 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
41029000
CY2018Q2 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
25473000
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
77880000
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
49981000
CY2019Q2 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
6225700000
CY2018Q2 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
3771700000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
6414651000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4418291000
us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
The master repurchase agreement expires on August 21, 2019, unless extended or terminated earlier at the option of the lender. The lender substantially curtailed the incentives provided under the master repurchase agreement through an orderly wind down of the incentive program during the quarter ended June 30, 2019.
CY2019Q2 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
5365415000
CY2018Q4 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
4777486000
CY2019Q2 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
5364551000
CY2018Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
4777027000
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0351
CY2018 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0338
pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
90986000
CY2018 pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
783415000
pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
2997151000
CY2018 pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
2325246000
pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
3088137000
CY2018 pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
3108661000
CY2019Q2 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
24576000
CY2018Q4 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
43676000
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<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;">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;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:60%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <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;"><span style="text-decoration:underline;">Remaining maturity at June 30, 2019</span></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <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;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <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;">Unpaid</p> <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;">principal</p> <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;">balance</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <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;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="bottom"> <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;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%; border-top:solid 0.75pt #000000;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <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;">3,302,428</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <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;">974,964</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <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;">527,885</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <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 one year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <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;">560,138</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:double 2.5pt transparent;" valign="top"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:double 2.5pt transparent;" valign="bottom"> <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 style="background-color:#CFF0FC;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;" valign="bottom"> <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 style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <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;">5,365,415</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <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> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <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 style="background-color:#FFFFFF;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;" valign="bottom"> <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 style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <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;">2.0</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <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;"> </p></td> </tr> </table></div>
CY2019Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
5365415000
CY2019Q2 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2018Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2019Q2 us-gaap Convertible Debt
ConvertibleDebt
248958000
CY2019Q2 pmt Notes Payable Gross
NotesPayableGross
1376635000
CY2018Q4 pmt Notes Payable Gross
NotesPayableGross
450000000
CY2019Q2 us-gaap Notes Payable
NotesPayable
1370074000
CY2018Q4 us-gaap Notes Payable
NotesPayable
445573000
CY2019Q2 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
1105099000
CY2018Q4 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
1139582000
pmt Mortgage Loans Subject To Deposits Securing Credit Risk Transfers
MortgageLoansSubjectToDepositsSecuringCreditRiskTransfers
1128382000
CY2018Q4 pmt Mortgage Loans Subject To Deposits Securing Credit Risk Transfers
MortgageLoansSubjectToDepositsSecuringCreditRiskTransfers
0
CY2019Q1 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7688000
CY2018Q1 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
8249000
CY2018Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7514000
CY2017Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
8678000
CY2019Q2 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
713000
CY2018Q2 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
516000
pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
1433000
pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
1088000
CY2019Q2 pmt Non Cash Gain From Reduction In Liability Due To Change In Estimate
NonCashGainFromReductionInLiabilityDueToChangeInEstimate
596000
CY2018Q2 pmt Non Cash Gain From Reduction In Liability Due To Change In Estimate
NonCashGainFromReductionInLiabilityDueToChangeInEstimate
1140000
pmt Non Cash Gain From Reduction In Liability Due To Change In Estimate
NonCashGainFromReductionInLiabilityDueToChangeInEstimate
1124000
pmt Non Cash Gain From Reduction In Liability Due To Change In Estimate
NonCashGainFromReductionInLiabilityDueToChangeInEstimate
2182000
CY2019Q2 pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
-77000
CY2018Q2 pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
0
pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
-95000
pmt Representations And Warranties Recoveries Losses Net
RepresentationsAndWarrantiesRecoveriesLossesNet
41000
CY2019Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7728000
CY2018Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7625000
CY2019Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7728000
CY2018Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
7625000
CY2019Q2 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
94378938000
CY2018Q2 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
77655085000
CY2019Q2 pmt Mortgage Loans Acquired For Sale Outstanding Contractual Purchase Commitments
MortgageLoansAcquiredForSaleOutstandingContractualPurchaseCommitments
3190712000
CY2019Q2 pmt Face Amount Of Firm Commitment To Purchase Credit Risk Transfer Securities
FaceAmountOfFirmCommitmentToPurchaseCreditRiskTransferSecurities
324259000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
12400000
CY2019Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
310000000
CY2019Q2 us-gaap Preferred Stock Discount On Shares
PreferredStockDiscountOnShares
10293000
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
299707000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
127000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
671000
CY2019Q2 pmt Stock Repurchase Program Cumulative Number Of Shares Repurchased
StockRepurchaseProgramCumulativeNumberOfSharesRepurchased
14731000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
10719000
CY2019Q2 pmt Stock Repurchase Program Cost Of Cumulative Shares Repurchased
StockRepurchaseProgramCostOfCumulativeSharesRepurchased
216625000
us-gaap Payment For Incentive Fee
PaymentForIncentiveFee
10
pmt Performance Incentive Fees Earned
PerformanceIncentiveFeesEarned
100
CY2019Q2 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
201000
pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
353000
CY2019Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
87754000
CY2018Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
25509000
us-gaap Gain Loss On Investments
GainLossOnInvestments
182847000
us-gaap Gain Loss On Investments
GainLossOnInvestments
25527000
CY2019Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
161585000
CY2018Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
73863000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
296950000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
140870000
CY2019Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
34244000
CY2018Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
9142000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
55567000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16769000
CY2018Q2 pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
27586000
pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
-84669000
pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
83741000
CY2019Q2 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
102476058000
CY2018Q2 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
76806051000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
99205766000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
75246468000
CY2019Q2 us-gaap Interest Income Operating
InterestIncomeOperating
71793000
CY2018Q2 us-gaap Interest Income Operating
InterestIncomeOperating
52344000
us-gaap Interest Income Operating
InterestIncomeOperating
134874000
us-gaap Interest Income Operating
InterestIncomeOperating
93324000
CY2019Q2 us-gaap Interest Expense
InterestExpense
65896000
CY2018Q2 us-gaap Interest Expense
InterestExpense
40065000
us-gaap Interest Expense
InterestExpense
120635000
us-gaap Interest Expense
InterestExpense
74881000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5897000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12279000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14239000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18443000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
37000
CY2018Q2 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
212000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
245000
CY2019Q2 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
749000
CY2018Q2 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
0
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
4358000
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3823000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
68000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
367000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
288000
CY2019Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1415000
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1857000
us-gaap Share Based Compensation
ShareBasedCompensation
3032000
us-gaap Share Based Compensation
ShareBasedCompensation
2756000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0
CY2018Q2 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
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4307000
CY2018Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2214000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-7455000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4864000
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.326
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.174
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33400000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42300000
pmt Percentage Of Deduction From Taxable Income For Ordinary Reit Dividends
PercentageOfDeductionFromTaxableIncomeForOrdinaryREITDividends
0.20
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
44233000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
36425000
us-gaap Net Income Loss
NetIncomeLoss
97760000
us-gaap Net Income Loss
NetIncomeLoss
64611000
CY2019Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6234000
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6234000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12469000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12468000
CY2019Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
112000
CY2018Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
170000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
305000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
372000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37887000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30021000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
84986000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51771000
CY2019Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
37887000
CY2018Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
30021000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
84986000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
51771000
CY2019Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2713000
CY2018Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2655000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5422000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5312000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40600000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32676000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
90408000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
57083000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73425000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60903000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69051000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60844000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
CY2018Q2 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
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81892000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69370000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77518000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69311000
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2019Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
87754000
CY2019Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
34244000
CY2019Q2 pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
-53589000
CY2019Q2 us-gaap Interest Income Operating
InterestIncomeOperating
71793000
CY2019Q2 us-gaap Interest Expense
InterestExpense
65896000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5897000
CY2019Q2 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
22095000
CY2019Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
96401000
CY2019Q2 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
41158000
CY2019Q2 us-gaap Management Fee Expense
ManagementFeeExpense
8832000
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
13041000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
63031000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33370000
CY2019Q2 us-gaap Assets
Assets
9465789000
CY2018Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
25509000
CY2018Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
9142000
CY2018Q2 pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
27586000
CY2018Q2 us-gaap Interest Income Operating
InterestIncomeOperating
52344000
CY2018Q2 us-gaap Interest Expense
InterestExpense
40065000
CY2018Q2 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
8475000
CY2018Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
82991000
CY2018Q2 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
23990000
CY2018Q2 us-gaap Management Fee Expense
ManagementFeeExpense
5728000
CY2018Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
10987000
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
40705000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42286000
us-gaap Gain Loss On Investments
GainLossOnInvestments
182847000
pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
-84669000
us-gaap Interest Income Operating
InterestIncomeOperating
134874000
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loan At Fair Values
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoanAtFairValues
284854000
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loan At Fair Values
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoanAtFairValues
131954000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
950000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
1484000
pmt Capitalization Of Servicing Advances Pursuant To Mortgage Loan Modifications
CapitalizationOfServicingAdvancesPursuantToMortgageLoanModifications
1151000
pmt Capitalization Of Servicing Advances Pursuant To Mortgage Loan Modifications
CapitalizationOfServicingAdvancesPursuantToMortgageLoanModifications
3360000
pmt Transfer Of Firm Commitments To Purchase Credit Risk Transfer Securities To Investment Securities
TransferOfFirmCommitmentsToPurchaseCreditRiskTransferSecuritiesToInvestmentSecurities
56804000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12279000
us-gaap Interest Expense
InterestExpense
120635000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14239000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
35035000
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
203019000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
79302000
us-gaap Management Fee Expense
ManagementFeeExpense
16080000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
24400000
us-gaap Operating Expenses
OperatingExpenses
119782000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
83237000
CY2019Q2 us-gaap Assets
Assets
9465789000
us-gaap Gain Loss On Investments
GainLossOnInvestments
25527000
pmt Servicing Income Loss Net Of Valuation Adjustments
ServicingIncomeLossNetOfValuationAdjustments
83741000
us-gaap Interest Income Operating
InterestIncomeOperating
93324000
us-gaap Interest Expense
InterestExpense
74881000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18443000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
14184000
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
158664000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
46953000
us-gaap Management Fee Expense
ManagementFeeExpense
11424000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
20163000
us-gaap Operating Expenses
OperatingExpenses
78540000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80124000
CY2018Q2 us-gaap Assets
Assets
6676849000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
130000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
893000
us-gaap Interest Paid Net
InterestPaidNet
122937000
us-gaap Interest Paid Net
InterestPaidNet
81892000
pmt Cumulative Effect On Accumulated Deficit Of Conversion To Fair Value Accounting For Mortgage Servicing Rights
CumulativeEffectOnAccumulatedDeficitOfConversionToFairValueAccountingForMortgageServicingRights
0
pmt Cumulative Effect On Accumulated Deficit Of Conversion To Fair Value Accounting For Mortgage Servicing Rights
CumulativeEffectOnAccumulatedDeficitOfConversionToFairValueAccountingForMortgageServicingRights
14361000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
12271000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
18721000
pmt Transfer Of Other Real Estate To Real Estate Held For Investment
TransferOfOtherRealEstateToRealEstateHeldForInvestment
0
pmt Transfer Of Other Real Estate To Real Estate Held For Investment
TransferOfOtherRealEstateToRealEstateHeldForInvestment
3107000
pmt Transfer From Real Estate Held For Investment To Real Estate Acquired In Settlement Of Loans
TransferFromRealEstateHeldForInvestmentToRealEstateAcquiredInSettlementOfLoans
30432000
pmt Transfer From Real Estate Held For Investment To Real Estate Acquired In Settlement Of Loans
TransferFromRealEstateHeldForInvestmentToRealEstateAcquiredInSettlementOfLoans
0
pmt Transfer Of Firm Commitments To Purchase Credit Risk Transfer Securities To Investment Securities
TransferOfFirmCommitmentsToPurchaseCreditRiskTransferSecuritiesToInvestmentSecurities
0
CY2019Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
37053000
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
29145000
CY2019Q2 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
2500000
CY2019Q2 pmt Regulatory Capital Ratio Amount
RegulatoryCapitalRatioAmount
0.0025

Files In Submission

Name View Source Status
0001564590-19-028803-index-headers.html Edgar Link pending
0001564590-19-028803-index.html Edgar Link pending
0001564590-19-028803.txt Edgar Link pending
0001564590-19-028803-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pmt-10q_20190630.htm Edgar Link pending
pmt-10q_20190630_htm.xml Edgar Link completed
pmt-20190630.xsd Edgar Link pending
pmt-20190630_cal.xml Edgar Link unprocessable
pmt-20190630_def.xml Edgar Link unprocessable
pmt-20190630_lab.xml Edgar Link unprocessable
pmt-20190630_pre.xml Edgar Link unprocessable
pmt-ex101_202.htm Edgar Link pending
pmt-ex102_201.htm Edgar Link pending
pmt-ex103_200.htm Edgar Link pending
pmt-ex104_199.htm Edgar Link pending
pmt-ex105_198.htm Edgar Link pending
pmt-ex106_197.htm Edgar Link pending
pmt-ex107_196.htm Edgar Link pending
pmt-ex108_194.htm Edgar Link pending
pmt-ex109_195.htm Edgar Link pending
pmt-ex311_13.htm Edgar Link pending
pmt-ex312_6.htm Edgar Link pending
pmt-ex321_7.htm Edgar Link pending
pmt-ex322_14.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R126.htm Edgar Link pending
R127.htm Edgar Link pending
R128.htm Edgar Link pending
R129.htm Edgar Link pending
R13.htm Edgar Link pending
R130.htm Edgar Link pending
R131.htm Edgar Link pending
R132.htm Edgar Link pending
R133.htm Edgar Link pending
R134.htm Edgar Link pending
R135.htm Edgar Link pending
R136.htm Edgar Link pending
R137.htm Edgar Link pending
R138.htm Edgar Link pending
R139.htm Edgar Link pending
R14.htm Edgar Link pending
R140.htm Edgar Link pending
R141.htm Edgar Link pending
R142.htm Edgar Link pending
R143.htm Edgar Link pending
R144.htm Edgar Link pending
R145.htm Edgar Link pending
R146.htm Edgar Link pending
R147.htm Edgar Link pending
R148.htm Edgar Link pending
R149.htm Edgar Link pending
R15.htm Edgar Link pending
R150.htm Edgar Link pending
R151.htm Edgar Link pending
R152.htm Edgar Link pending
R153.htm Edgar Link pending
R154.htm Edgar Link pending
R155.htm Edgar Link pending
R156.htm Edgar Link pending
R157.htm Edgar Link pending
R158.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending