Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from James McCanless - FTN Equity Capital Markets.
James McCanless - FTN Equity Capital Markets
Could you repeat the modular stats you gave on percentage of revenue and percentage of units please?
Larry H. Keener
Sure. Hold on just a second while I page back here. Okay, modular was 21.4% of total units sold and 27.2% of total revenue in dollars.
James McCanless - FTN Equity Capital Markets
Should we factor out any charges for closing the three retail locations in the quarter?
Larry H. Keener
They weren't material.
James McCanless - FTN Equity Capital Markets
And then I know you talked about in your prepared commentary about financing sources coming back in the industry. As I understand it, Clayton and 21st are back in financing retail customers but no extension of four plan lending. Is that correct?
Larry H. Keener
That's correct. They are financing retail customers for non-company products through non-company stores.
James McCanless - FTN Equity Capital Markets
I mean, is it wide open already or are we waiting for a certain date to hit? What's the timeline on it?
Larry H. Keener
No, they're currently taking applications and giving approvals.
James McCanless - FTN Equity Capital Markets
And then wanted to ask about the Jenny Mae - what's the status on Jenny Mae's allowance of secondary originators? And I know last conference call I think you said there was a moratorium on Title I apps and that you all had filed a Title II app. So could you tell me where you are with all of those?
Lyle Zeller
Sure, Jay. This is Lyle Zeller. We are well into the application review process that we started earlier this year. Obviously it's a different environment today than it was when we started. But at this point we have complied with all of Jenny's requirements for our approval. So we hope to have some good news to report soon. But we don't have any news other than that at this point in time.
Larry H. Keener
And, Jay, we are an approved FHA Title I and Title II originator and have been originating Title II for quite some time. But we'll need the Jenny Mae approval in order to originate Title I and we'll have to be approved as a Title I lender by Jenny Mae.
James McCanless - FTN Equity Capital Markets
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