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Exhibit 10.1

Execution Version

FOURTH AMENDMENT TO
CREDIT AGREEMENT
AND CONSENT OF GUARANTORS

        This FOURTH AMENDMENT TO CREDIT AGREEMENT AND CONSENT OF GUARANTORS
(this "Amendment") is dated as of July 12, 2002, and entered into by and among
FLEETWOOD ENTERPRISES, INC. ("Fleetwood"), FLEETWOOD HOLDINGS, INC. and its
Subsidiaries listed on the signature pages hereof (collectively, "FMC"),
FLEETWOOD RETAIL, CORP. and its Subsidiaries listed on the signature pages
hereof (collectively, "FRC"), the banks and other financial institutions
signatory hereto that are parties as Lenders to the Credit Agreement referred to
below (the "Lenders"), and BANK OF AMERICA, N.A., as administrative agent and
collateral agent (in such capacity, the "Agent") for the Lenders.

Recitals

        Whereas, Fleetwood, the Borrowers, the Lenders, and the Agent have
entered into that certain Credit Agreement dated as of July 27, 2001, as amended
by that certain First Amendment to Credit Agreement and Consent of Guarantors
dated as of December 4, 2001, that certain Second Amendment to Credit Agreement
and Security Agreement and Consent of Guarantors dated as of December 4, 2001
and that certain Third Amendment to Credit Agreement and Security Agreement and
Consent of Guarantors dated as of December 7, 2001 (the "Credit Agreement";
capitalized terms used in this Amendment without definition shall have the
meanings given such terms in the Credit Agreement); and

        Whereas, the Borrowers have requested amendments to the Credit Agreement
to modify certain covenants; and

        Whereas, the Lenders and the Agent are willing to agree to the
amendments requested by the Loan Parties, on the terms and conditions set forth
in this Amendment;

        Now Therefore, in consideration of the premises and the mutual
agreements set forth herein, Fleetwood, the Borrowers, the Lenders, and the
Agent agree as follows:

        1.    AMENDMENTS TO CREDIT AGREEMENT.    Subject to the conditions and
upon the terms set forth in this Amendment and in reliance on the
representations and warranties of Fleetwood and the Borrowers set forth in this
Amendment, the Credit Agreement is hereby amended as follows:

        1.1        Amendments to Annex A to Credit Agreement
(Definitions).    The definitions of "Adjusted Net Earnings from Operations",
"Borrowing Base" and "Maximum PP&E Loan Amount" in Annex A of the Credit
Agreement are amended to read as follows:

        "Adjusted Net Earnings from Operations" means, with respect to any
fiscal period the net income of Fleetwood and its consolidated Subsidiaries
after provision for income taxes for such fiscal period, as determined in
accordance with GAAP and reported on the Financial Statements for such period,
excluding any and all of the following included in such net income: (a) gain or
loss arising from the sale of any capital assets; (b) gain arising from any
write-up in the book value of any asset; (c) earnings of any Person,
substantially all the assets of which have been acquired by Fleetwood or any of
its Subsidiaries in any manner, to the extent realized by such other Person
prior to the date of acquisition; (d) earnings of any Person in which any Person
other than Fleetwood or any of its Subsidiaries has an ownership

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interest unless (and only to the extent) such earnings shall actually have been
received by Fleetwood or any of its Subsidiaries in the form of cash
distributions; (e) earnings of any Person to which assets of Fleetwood or any of
its Subsidiaries shall have been sold, transferred or disposed of, or into which
any Subsidiary shall have been merged, or which has been a party with Fleetwood
or any of its Subsidiaries to any consolidation or other form of reorganization,
prior to the date of such transaction; (f) gain arising from the acquisition of
debt or equity securities of Fleetwood or any of its Subsidiaries or from
cancellation or forgiveness of Debt; (g) gain arising from extraordinary items,
as determined in accordance with GAAP, or from any other non-recurring
transaction; (h) interest income; (i) other income not earned from operations;
(j) any write-down or write-off of goodwill under FAS 142; (k) any non-cash
adjustment required as a result of a change in GAAP that occurs after the
Closing Date; (l) write-downs of Fixed Assets or goodwill as a result of an
impairment in the value of such Fixed Assets or goodwill that requires a
write-down in accordance with GAAP; and (m) expenses arising as a result of fees
paid to the Agent or the Lenders pursuant to Section 2.7 of the Agreement or
Section 3.3 of the Fourth Amendment.

        "Borrowing Base" means, with respect to FMC or FRC, as applicable, an
amount equal to (a) the sum of (i) eighty-five percent (85%) of the Net Amount
of its Eligible Accounts, plus (ii) the lesser of (A) the sum of (1) the lesser
of (x) fifty percent (50%) of its Eligible Inventory, valued at the lower of
cost on a first-in, first-out basis or market, (other than motor home chassis
and lumber located at warehouses) and (y) eighty-five percent (85%) of the
appraised orderly liquidation value of its Inventory (other than motor home
chassis and lumber located at warehouses), plus (2) eighty-five percent (85%) of
the appraised orderly liquidation value of its Inventory consisting of motor
home chassis, plus (3) eighty-five percent (85%) of the appraised orderly
liquidation value of its Inventory consisting of lumber located at warehouses;
and (B) the Maximum Inventory Loan Amount, minus (b) Reserves from time to time
established by the Agent in its reasonable credit judgment. Notwithstanding
anything to the contrary in the Loan Documents, (i) the amount advanced against
the Accounts and Inventory of Fleetwood Folding Trailer shall not exceed
$8,000,000 and (ii) the amount advanced against the aggregate manufactured
housing Inventory of FMC shall not exceed $10,000,000.

        "Maximum PP&E Loan Amount" means $0.

        "Maximum Revolver Amount" means $190,000,000.

        1.2    Additions to Annex A to Credit Agreement (Definitions).    The
following definitions of "Fourth Amendment" and "Fourth Amendment Effective
Date" are added in Annex A of the Credit Agreement in appropriate alphabetical
order:

        "Fourth Amendment" means that certain Fourth Amendment to Credit
Agreement and Consent of Guarantors, dated as of July 12, 2002, and entered into
by and among Fleetwood, Holdings and its Subsidiaries listed on the signature
pages thereof Retail and its Subsidiaries listed on the signature pages thereof,
the banks and other financial institutions signatory thereto that are parties as
Lenders to this Agreement and Bank of America, N.A., as administrative agent and
collateral agent for the Lenders.

        "Fourth Amendment Effective Date" means the later of (x) July 12, 2002
and (y) the date upon which the each of the conditions set forth in Section 3 of
the Fourth Amendment has been satisfied and the Fourth Amendment has become
effective.

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        1.3    Amendment to Definition of Applicable Margin.    The definition
of Applicable Margin will be amended as follows:

        (a)  The Grid labeled "Low to High" contained therein shall be replaced
in its entirety with the following Grid:

            Low to High

 
  Applicable Margins

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  Level I

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  Level II

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  Level III

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  Level IV

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  Base Rate Revolving Loans   0.00 % 0.50 % 1.00 % 1.50 % LIBOR Revolving Loans
  2.25 % 2.75 % 3.25 % 3.75 % Unused Line Fees   0.25 % 0.50 % 0.50 % 0.625 %
Letter of Credit Fees   2.25 % 2.75 % 3.25 % 3.75 %

        (b)  The following sentence is added at the end thereof:

"Notwithstanding anything to the contrary in this definition, Level I and Level
II pricing will not be available (x) from and after the last Sunday in
April 2002 and prior to the adjustment that relates to the delivery of the
unaudited Financial Statements for the fiscal quarter ending on the last Sunday
in January 2003 and (y) for any adjustment that relates to the delivery of the
Financial Statements for a Fiscal Quarter set forth in the table below unless
the Fixed Charge Coverage Ratio for the four consecutive Fiscal Quarters ended
on the last day of such Fiscal Quarter is equal to or greater than the amount
set forth in such table for such Fiscal Quarter:

Period Ending

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  Fixed Charge
Coverage Ratio

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On the last Sunday in January 2003   1.15:1 On the last Sunday in April 2003 and
each Fiscal Quarter thereafter   1.25:1

        1.4    New Section 2.7.    The following new Section 2.7 shall be added
at the end of Article 2:

        "2.7 Additional Fee.If the Fixed Charge Coverage Ratio for the four
consecutive Fiscal Quarters ended on the last Sunday in January 2003 is less
than 1.15:1, then on the first Business Day after the financial statements are
required to be delivered with respect to the Fiscal Quarter ended on the last
Sunday in January 2003, the Borrowers, jointly and severally, agree to pay to
the Agent, for the account of the Revolving Credit Lenders, in accordance with
their respective Pro Rata Shares, an additional commitment fee (the "Additional
Commitment Fee") equal to one percent (1%) times the Maximum Revolver Amount on
the Fourth Amendment Effective Date.

        1.5    Amendment to Section 3.11.    The following sentence shall be
added at the end of Section 3.11:

"Upon the release of an FRC Borrower pursuant to the provisions of this
Section 3.11, at the request of such FRC Borrower, all Liens granted by such FRC
Borrower pursuant to the Loan Documents shall also be released provided that
Borrowers have provided Agent with release documents in form and substance
reasonably satisfactory to Agent."

        1.6    Amendments to Section 5.2.    The following proviso shall be
added at the end of the first sentence in each of clauses (a), (b) and
(c) thereof:

"; provided that Fleetwood shall not be required to provide consolidating cash
flow statements."

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        1.7    Amendment to Section 7.10(c).    Section 7.10(c) shall be amended
by deleting the "and" at the end of clause (ix) thereof, and deleting
clause (ix) and replacing it with the following:

"; (ix) Fleetwood may make additional capital contributions, loans or advances
to the Excluded Subsidiaries in excess of those permitted under clause (viii)
hereof in an aggregate amount not to exceed (A) $6,000,000 plus (B)(I) the
lesser of (x) $10,000,000 and (II) the net amount of New Capital Proceeds
received by Fleetwood after the Fourth Amendment Effective Date minus (C) the
amount of any Restricted Investments made pursuant to clause (x)(B) hereof;
provided (x) that no Default or Event of Default has occurred and is continuing
on the date of the making of such capital contribution, loan or advance, both
before and after giving effect to such capital contribution, loan or advance and
(y) the amount of the average of the Liquidity for each of the most recent three
calendar months minus the amount of such capital contribution, loan or advance
is at least $80,000,000; and (x) Fleetwood and any Subsidiary (other than a
Borrower) may make additional capital contributions, loans or advances to
Finance Co. or any Financing Joint Venture in an aggregate amount not to exceed
(A) $10,000,000 plus (B)(I) the lesser of (x) $10,000,000 and (II) the net
amount of New Capital Proceeds received by Fleetwood after the Fourth Amendment
Effective Date minus (C) the amount of any Restricted Investments made pursuant
to clause (ix)(B) hereof; provided (x) that no Default or Event of Default has
occurred and is continuing on the date of the making of such capital
contribution, loan or advance, both before and after giving effect to such
capital contribution, loan or advance and (y) the amount of the average of the
Liquidity for each of the most recent three calendar months minus the amount of
such capital contribution, loan or advance is at least $80,000,000; and (z) the
proceeds of any Restricted Investments under this clause (x) are used by Finance
Co. or any Financing Joint Venture primarily for the purpose of providing
financing to retail customers who are purchasing Fleetwood products from
Fleetwood and its Subsidiaries or from independent dealers who are currently
purchasing new Fleetwood products from Fleetwood and its Subsidiaries."

        1.8    Amendment to Section 7.23.    Section 7.23 is deleted in it
entirety and replaced with the following:

        "7.23    Liquidity.    On a consolidated basis, Fleetwood shall maintain
at all times Liquidity for the most recent calendar month of $80,000,000 or
more.

        1.9    Amendment to Section 7.24.    Section 7.24 is deleted in it
entirety and replaced with the following:

        "7.24    Minimum EBITDA.    Fleetwood will maintain a EBITDA (i) for the
one-quarter period ended on the last Sunday in July 2002, $3,263,000; (ii) for
the two-quarter period ended on the last Sunday in October 2002, $15,477,000;
(iii) for the three-quarter period ended on the last Sunday in January 2003,
$19,716,000; and (iv) for each period of four consecutive Fiscal Quarters ended
on the last day of each Fiscal Quarter set forth below of not less than the
amount set forth below opposite each such fiscal quarter:

Period Ending

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  EBITDA

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On the last Sunday in April 2003   $ 35,584,000 On the last Sunday in July 2003
  $ 48,467,000 On the last Sunday in October 2003   $ 55,706,000 On the last
Sunday in January 2004   $ 61,380,000 On the last Sunday in April 2004   $
65,764,000

        2.    REPRESENTATIONS AND WARRANTIES OF FLEETWOOD AND THE
BORROWERS.    In order to induce the Lenders and the Agent to enter into this
Amendment, each of Fleetwood and each

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Borrower represents and warrants to each Lender, the Issuing Bank and the Agent
that the following statements are true, correct and complete:

        2.1    Power and Authority.    Each of the Loan Parties has all
corporate power and authority to enter into this Amendment and, as applicable,
the Consent of Guarantors attached hereto (the "Consent"), and to carry out the
transactions contemplated by, and to perform its obligations under or in respect
of, the Credit Agreement.

        2.2    Corporate Action.    The execution and delivery of this Amendment
and the Consent and the performance of the obligations of each Loan Party under
or in respect of the Credit Agreement as amended hereby have been duly
authorized by all necessary corporate action on the part of each of the Loan
Parties.

        2.3    No Conflict or Violation or Required Consent or Approval.    The
execution and delivery of this Amendment and the Consent and the performance of
the obligations of each Credit Party under or in respect of the Credit Agreement
as amended hereby do not and will not conflict with or violate (a) any provision
of the governing documents of any Loan Party or any of its Subsidiaries, (b) any
Requirement of Law, (c) any order, judgment or decree of any court or other
governmental agency binding on any Loan Party or any of its Subsidiaries, or
(d) any indenture, agreement or instrument to which any Loan Party or any of its
Subsidiaries is a party or by which any Loan Party or any of its Subsidiaries,
or any property of any of them, is bound, and do not and will not require any
consent or approval of any Person.

        2.4    Execution, Delivery and Enforceability.    This Amendment and the
Consent have been duly executed and delivered by each Loan Party which is a
party thereto and are the legal, valid and binding obligations of such Loan
Party, enforceable in accordance with their terms, except as enforceability may
be affected by applicable bankruptcy, insolvency, and similar proceedings
affecting the rights of creditors generally, and general principles of equity.
The Agent's Liens in the Collateral continue to be valid, binding and
enforceable first priority Liens which secure the Obligations.

        2.5    No Default or Event of Default.    No event has occurred and is
continuing or will result from the execution and delivery of this Amendment or
the Consent that would constitute a Default or an Event of Default.

        2.6    No Material Adverse Effect.    No event has occurred that has
resulted, or could reasonably be expected to result, in a Material Adverse
Effect.

        2.7    Representations and Warranties.    Each of the representations
and warranties contained in the Loan Documents is and will be true and correct
in all material respects on and as of the date hereof and as of the effective
date of this Amendment, except to the extent that such representations and
warranties specifically relate to an earlier date, in which case they were true,
correct and complete in all material respects as of such earlier date.

        3.    CONDITIONS TO EFFECTIVENESS OF THIS AMENDMENT.    This Amendment
shall be effective only if and when signed by, and when counterparts hereof
shall have been delivered to the Agent (by hand delivery, mail or telecopy) by,
Fleetwood, the Borrowers and Majority Lenders and only if and when each of the
following conditions is satisfied:

        3.1    Consent of Guarantors.    Each of the Guarantors shall have
executed and delivered to the Agent the Consent.

        3.2    No Default or Event of Default; Accuracy of Representations and
Warranties.    No Default or Event of Default shall exist and each of the
representations and warranties made by the Loan Parties herein and in or
pursuant to the Loan Documents shall be true and correct in all material
respects as if made on and as of the date on which this Amendment becomes
effective (except that

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any such representation or warranty that is expressly stated as being made only
as of a specified earlier date shall be true and correct as of such earlier
date), and the Borrowers shall have delivered to the Agent a certificate
confirming such matters.

        3.3    Fees.    The Borrower shall have paid to the Agent for the pro
rata account of all Lenders an amendment fee equal to one-half of one percent
(0.50%) times the Maximum Revolver Amount.

        3.4    Repayment of Term Loans.    The Borrower shall have paid the
outstanding principal amount of and shall have paid all accrued and unpaid
interest on all Term Loans.

        3.5    Other Documents.    The Agent shall have received such documents
as the Agent may reasonably request in connection with this Amendment.

        4.    EFFECTIVE DATE.    This Amendment shall become effective on the
date of the satisfaction of the conditions set forth in Section 3, and upon
becoming effective shall be retroactively effective as of the last Sunday in
April 2002, and each of the Lenders signatory hereto hereby waives any Default
or Event of Default that may have arisen prior to the date of the Amendment, but
that would not be a Default or Event of Default after giving effect to this
Amendment.

        5.    EFFECT OF AMENDMENT; RATIFICATION.    This Amendment is a Loan
Document. From and after the date on which this Amendment becomes effective, all
references in the Loan Documents to the Credit Agreement shall mean the Credit
Agreement as amended hereby. Except as expressly amended hereby or waived
herein, the Credit Agreement and the other Loan Documents, including the Liens
granted thereunder, shall remain in full force and effect, and all terms and
provisions thereof are hereby ratified and confirmed. Each of Fleetwood and the
Borrowers confirms that as amended hereby, each of the Loan Documents is in full
force and effect, and that none of the Credit Parties has any defenses, setoffs
or counterclaims to its Obligations.

        6.    APPLICABLE LAW.    THE VALIDITY, INTERPRETATIONS AND ENFORCEMENT
OF THIS AMENDMENT AND ANY DISPUTE ARISING OUT OF OR IN CONNECTION WITH THIS
AMENDMENT, WHETHER SOUNDING IN CONTRACT, TORT, EQUITY OR OTHERWISE, SHALL BE
GOVERNED BY THE INTERNAL LAWS AND DECISIONS OF THE STATE OF CALIFORNIA; PROVIDED
THAT THE AGENT AND THE LENDERS SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL
LAW.

        7.    COMPLETE AGREEMENT.    This Amendment sets forth the complete
agreement of the parties in respect of any amendment to any of the provisions of
any Loan Document or any waiver thereof. The execution, delivery and
effectiveness of this Amendment do not constitute a waiver of any Default or
Event of Default, amend or modify any provision of any Loan Document except as
expressly set forth herein or constitute a course of dealing or any other basis
for altering the Obligations of any Loan Party.

        8.    CAPTIONS; COUNTERPARTS.    The catchlines and captions herein are
intended solely for convenience of reference and shall not be used to interpret
or construe the provisions hereof. This Amendment may be executed by one or more
of the parties to this Amendment on any number of separate counterparts
(including by telecopy), all of which taken together shall constitute but one
and the same instrument.

[signatures follow; remainder of page intentionally left blank]

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Execution Version

        IN WITNESS WHEREOF, each of the undersigned has duly executed this
Fourth Amendment to Credit Agreement and Security Agreement as of the date set
forth above.

FMC BORROWERS   FLEETWOOD HOLDINGS INC.
FLEETWOOD HOMES OF ARIZONA, INC.
FLEETWOOD HOMES OF CALIFORNIA, INC.
FLEETWOOD HOMES OF FLORIDA, INC.
FLEETWOOD HOMES OF GEORGIA, INC.
FLEETWOOD HOMES OF IDAHO, INC.
FLEETWOOD HOMES OF INDIANA, INC.
FLEETWOOD HOMES OF KENTUCKY, INC.
FLEETWOOD HOMES OF NORTH CAROLINA, INC.
FLEETWOOD HOMES OF OREGON, INC.
FLEETWOOD HOMES OF PENNSYLVANIA, INC.
FLEETWOOD HOMES OF TENNESSEE, INC.
FLEETWOOD HOMES OF TEXAS, L.P.
By: FLEETWOOD GENERAL PARTNER
OF TEXAS, INC., its General Partner
FLEETWOOD HOMES OF VIRGINIA, INC.
FLEETWOOD HOMES OF WASHINGTON, INC.
FLEETWOOD MOTOR HOMES OF CALIFORNIA, INC.
FLEETWOOD MOTOR HOMES OF INDIANA, INC.
FLEETWOOD MOTOR HOMES OF PENNSYLVANIA, INC.
FLEETWOOD TRAVEL TRAILERS OF CALIFORNIA, INC.
FLEETWOOD TRAVEL TRAILERS OF INDIANA, INC.
FLEETWOOD TRAVEL TRAILERS OF KENTUCKY, INC.
FLEETWOOD TRAVEL TRAILERS OF MARYLAND, INC.
FLEETWOOD TRAVEL TRAILERS OF OHIO, INC.
FLEETWOOD TRAVEL TRAILERS OF OREGON, INC.
FLEETWOOD TRAVEL TRAILERS OF TEXAS, INC.
FLEETWOOD FOLDING TRAILERS, INC.
GOLD SHIELD, INC.
GOLD SHIELD OF INDIANA, INC.
HAUSER LAKE LUMBER OPERATION, INC.
CONTINENTAL LUMBER PRODUCTS, INC.
FLEETWOOD GENERAL PARTNER OF TEXAS, INC.
FLEETWOOD HOMES INVESTMENT, INC.

 
   
   
    By:   /s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer

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FRC BORROWERS   FLEETWOOD RETAIL CORP.
FLEETWOOD RETAIL CORP. OF CALIFORNIA
FLEETWOOD RETAIL CORP. OF IDAHO
FLEETWOOD RETAIL CORP. OF KENTUCKY
FLEETWOOD RETAIL CORP. OF MISSISSIPPI
FLEETWOOD RETAIL CORP. OF NORTH CAROLINA
FLEETWOOD RETAIL CORP. OF OREGON
FLEETWOOD RETAIL CORP. OF VIRGINIA

 
   
   
    By:   /s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer
GUARANTOR
 
FLEETWOOD ENTERPRISES, INC., as the Guarantor
 
 
By:
 
/s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer

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BANK OF AMERICA, N.A., as the Agent and a Lender
 
 
By:
 
/s/  KEVIN R. KELLY      

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    Name:   Kevin R. Kelly

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    Title:   Senior Vice President

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      CITICORP USA, INC., as a Lender
 
 
By:
 
/s/  JAMES J. MCCARTHY      

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    Name:   James J. McCarthy

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    Title:   Director

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THE CIT GROUP/BUSINESS CREDIT, INC., as a Lender
 
 
By:
 
/s/  DALE GEORGE      

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    Name:   Dale George

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    Title:   Vice President

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FOOTHILL CAPITAL CORPORATION, as a Lender
 
 
By:
 
/s/  JUAN BARRERA      

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    Name:   Juan Barrera

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    Title:   Assistant Vice President

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Execution Version

CONSENT OF GUARANTORS

        Each of the undersigned is a Guarantor of the Obligations of the FMC
Borrowers and/or FRC Borrowers under the Credit Agreement and hereby
(a) consents to the foregoing Amendment, (b) acknowledges that notwithstanding
the execution and delivery of the foregoing Amendment, the obligations of each
of the undersigned Guarantors are not impaired or affected and the Guaranties
continue in full force and effect, and (c) ratifies its Guaranty and each of the
Loan Documents to which it is a party.

        IN WITNESS WHEREOF, each of the undersigned has executed and delivered
this CONSENT OF GUARANTORS as of the 12th day of July, 2002.

FMC BORROWERS   FLEETWOOD HOLDINGS INC.
FLEETWOOD HOMES OF ARIZONA, INC.
FLEETWOOD HOMES OF CALIFORNIA, INC.
FLEETWOOD HOMES OF FLORIDA, INC.
FLEETWOOD HOMES OF GEORGIA, INC.
FLEETWOOD HOMES OF IDAHO, INC.
FLEETWOOD HOMES OF INDIANA, INC.
FLEETWOOD HOMES OF KENTUCKY, INC.
FLEETWOOD HOMES OF NORTH CAROLINA, INC.
FLEETWOOD HOMES OF OREGON, INC.
FLEETWOOD HOMES OF PENNSYLVANIA, INC.
FLEETWOOD HOMES OF TENNESSEE, INC.
FLEETWOOD HOMES OF TEXAS, L.P.
By: FLEETWOOD GENERAL PARTNER
OF TEXAS, INC., its General Partner
FLEETWOOD HOMES OF VIRGINIA, INC.
FLEETWOOD HOMES OF WASHINGTON, INC.
FLEETWOOD MOTOR HOMES OF CALIFORNIA, INC.
FLEETWOOD MOTOR HOMES OF INDIANA, INC.
FLEETWOOD MOTOR HOMES OF PENNSYLVANIA, INC.
FLEETWOOD TRAVEL TRAILERS OF CALIFORNIA, INC.
FLEETWOOD TRAVEL TRAILERS OF INDIANA, INC.
FLEETWOOD TRAVEL TRAILERS OF KENTUCKY, INC.
FLEETWOOD TRAVEL TRAILERS OF MARYLAND, INC.
FLEETWOOD TRAVEL TRAILERS OF OHIO, INC.
FLEETWOOD TRAVEL TRAILERS OF OREGON, INC.
FLEETWOOD TRAVEL TRAILERS OF TEXAS, INC.
FLEETWOOD FOLDING TRAILERS, INC.
GOLD SHIELD, INC.
GOLD SHIELD OF INDIANA, INC.
HAUSER LAKE LUMBER OPERATION, INC.
CONTINENTAL LUMBER PRODUCTS, INC.
FLEETWOOD GENERAL PARTNER OF TEXAS, INC.
FLEETWOOD HOMES INVESTMENT, INC.

 
   
   
    By:   /s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer

S-1

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FRC BORROWERS   FLEETWOOD RETAIL CORP.
FLEETWOOD RETAIL CORP. OF CALIFORNIA
FLEETWOOD RETAIL CORP. OF IDAHO
FLEETWOOD RETAIL CORP. OF KENTUCKY
FLEETWOOD RETAIL CORP. OF MISSISSIPPI
FLEETWOOD RETAIL CORP. OF NORTH CAROLINA
FLEETWOOD RETAIL CORP. OF OREGON
FLEETWOOD RETAIL CORP. OF VIRGINIA

 
   
   
    By:   /s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer

OTHER GUARANTORS
 
FLEETWOOD ENTERPRISES, INC.
FLEETWOOD CANADA LTD.
BUCKINGHAM DEVELOPMENT CO.
FLEETWOOD INTERNATIONAL INC.

 
   
   
    By:   /s/  BOYD R. PLOWMAN      

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    Name:   Boyd R. Plowman     Title:   Senior Vice President and Chief
Financial Officer

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Exhibit 10.1

FOURTH AMENDMENT TO CREDIT AGREEMENT AND CONSENT OF GUARANTORS
CONSENT OF GUARANTORS