PennyMac Financial Services, Inc.PFSI
| Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
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| Net income | 244 | 393 | 1,647 | 1,003 | 476 | 145 | 311 |
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| Net gains on loans held for sale at fair value | 249 | 726 | 2,741 | 2,464 | 792 | 546 | 817 |
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| Change in fair value of mortgage servicing rights, mortgage servicing liabilities | 237 | 593 | 1,502 | 417 | -354 | 606 | 433 |
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| Mortgage servicing rights hedging results | - | - | 918 | -475 | -631 | -237 | -832 |
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| Accrual of Unearned Discounts On Mortgage-backed Securities | - | - | - | - | - | - | -25 |
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| Capitalization of interest on loans held for sale | 79 | 74 | 120 | 19 | 3 | 1 | 0 |
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| Amortization of debt issuance costs | - | -4 | 19 | 24 | 19 | 21 | 29 |
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| Change in fair value of investment in common shares of PennyMac Mortgage Investment Trust | - | - | - | - | -0 | 0 | -0 |
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| Results of real estate acquired in settlement in loans | - | 1 | 1 | 2 | 3 | 2 | 1 |
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| Repricing of payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement | - | - | - | - | 1 | - | 0 |
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| Stock-based compensation expense | 25 | 25 | 45 | 38 | 43 | 28 | 21 |
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| Provision For Servicing Advance Losses | 40 | 36 | 126 | -48 | -36 | 3 | 33 |
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| Depreciation and amortization | 13 | 15 | 26 | 29 | 34 | 53 | 56 |
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| Impairment of capitalized software | - | - | 13 | 728,000 | - | 0 | 0 |
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| Amortization of operating lease right-of-use assets | - | - | - | 14 | 16 | 17 | 14 |
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| Purchase of loans held for sale from PennyMac Mortgage Investment Trust | - | - | - | - | 50,576 | 72,442 | 81,998 |
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| Origination of loans held for sale | 5,532 | 11,832 | 31,783 | 54,857 | 20,297 | 10,770 | 18,724 |
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| Purchase of loans held for sale from non-affiliates | - | 1,725 | 3,799 | 4,897 | 1,803 | 2,057 | 2,863 |
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| Purchase of loans from Ginnie Mae securities and early buyout investors | 4,036 | 6,271 | 11,157 | 23,644 | 6,199 | 2,556 | 3,367 |
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| Proceeds From Sale Of Loans Held For Sale Non Affiliates | - | - | - | - | 84,345 | 85,685 | 101,105 |
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| Proceeds from Sale, Loan, Held-for-Sale | - | - | - | - | 299 | - | 663 |
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| Repurchase of loans subject to representations and warranties | 26 | 19 | 58 | 100 | 93 | 50 | 90 |
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| Increase in servicing advances | 33 | 98 | 391 | 233 | 37 | 77 | 16 |
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| (Increase) decrease in receivable from PennyMac Mortgage Investment Trust | - | - | - | - | -3 | -6 | 4 |
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| Proceeds from Sale of Real Estate | - | 29 | 33 | 15 | 20 | 36 | 64 |
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| (Increase) decrease in other assets | 8 | 63 | 334 | -62 | -191 | 60 | 96 |
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| (Decrease) increase in accounts payable and accrued expenses | 33 | 39 | 135 | 35 | -109 | 122 | -79 |
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| Decrease in operating lease liabilities | - | - | - | - | -19 | -21 | -18 |
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| Increase (Decrease) in Due to Affiliates | - | - | - | - | -37 | 2 | -85 |
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| Payments to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement | - | - | - | - | 4 | - | - |
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| Increase in income taxes payable | 25 | - | - | - | 317 | 40 | 88 |
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| Net cash used in operating activities | 572 | -2,245 | -6,199 | 2,563 | 6,033 | -1,582 | -4,533 |
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| (Increase) decrease in short-term investment | -52 | -43 | -59 | -8 | 5 | -2 | 410 |
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| Purchase of principal-only stripped mortgage-backed securities | - | - | - | - | - | - | 935 |
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| Repayment of principal-only stripped mortgage-backed securities | - | - | - | - | - | - | -97 |
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| Proceeds From Sale Of Interest Only Stripped Securities | - | - | - | - | - | 98 | 202 |
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| Net settlement of derivative financial instruments used for hedging of mortgage servicing rights | - | -366 | -913 | 434 | 872 | 242 | 703 |
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| Purchase of mortgage servicing rights | 228 | 227 | 25 | - | 4 | - | - |
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| Proceeds from Sale of Mortgage Servicing Rights (MSR) | - | - | - | - | - | 0 | - |
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| Acquisition of capitalized software | 17 | 29 | 48 | 49 | 72 | 35 | 20 |
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| Purchase of furniture, fixtures, equipment and leasehold improvements | 13 | 6 | 11 | 8 | 7 | 1 | 2 |
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| Sale of furniture, fixtures and equipment | - | - | - | - | - | 1 | - |
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| (Increase) decrease in margin deposits | - | - | - | - | -239 | 96 | 116 |
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| Net cash used in investing activities | -323 | 149 | 783 | -304 | -722 | -273 | -1,888 |
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| Sale of assets under agreements to repurchase | - | - | 102,232 | 136,180 | 75,076 | 85,353 | 109,007 |
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| Repurchase of assets sold under agreements to repurchase | 41,821 | 61,597 | 96,710 | 138,546 | 79,369 | 84,588 | 104,083 |
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| Issuance of mortgage loan participation purchase and sale certificates | -25,284 | -23,451 | -23,607 | -23,785 | -19,313 | -22,234 | -23,148 |
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| Repayment of mortgage loan participation purchase and sale certificates | 25,280 | 23,486 | 23,584 | 23,826 | 19,505 | 22,075 | 23,098 |
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| Proceeds from Notes Payable | - | - | - | - | 650 | 1,005 | 1,050 |
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| Repayment of notes payable secured by mortgage servicing assets | - | - | - | - | - | 1,075 | 875 |
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| Issuance of unsecured senior notes | - | - | 650 | 1,150 | - | 750 | 650 |
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| Repayment of obligations under capital lease | - | - | - | 8 | 3 | - | - |
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| Payment of debt issuance costs | 20 | 7 | 30 | 38 | 20 | 33 | 36 |
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| Proceeds from Stock Options Exercised | 5 | 5 | 9 | 8 | 3 | 17 | 20 |
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| Payment of withholding taxes relating to stock-based compensation | - | 5 | 5 | 9 | 8 | 9 | 9 |
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| Payment of dividends to holders of common stock | 10 | 10 | 31 | 53 | 55 | 41 | 52 |
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| Repurchase of common stock | 5 | 1 | 337 | 958 | 406 | 71 | - |
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| Net cash provided by (used in) financing activities | -132 | 2,129 | 5,760 | -2,451 | -4,323 | 1,465 | 5,721 |
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| Net decrease in cash and restricted cash | 118 | 33 | 344 | -193 | 988 | -390 | -700 |
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| Cash paid for interest | - | - | - | - | 330 | 639 | 797 |
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| Income Taxes Paid, Net | - | - | - | - | -128 | -1 | 1 |
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| Mortgage servicing rights received from loan sales | - | - | - | - | 1,718 | 1,850 | 2,281 |
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| Exchange of mortgage servicing spread for interest-only stripped mortgage-backed securities | - | - | - | - | - | 98 | 202 |
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| Operating right-of-use assets recognized | - | - | 14 | 28 | 1 | 3 | 1 |
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| Stock Issued During Period, Value, Issued for Services | - | - | - | - | 0 | 0 | 0 |
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