Correction

Published September 25, 2000 12:00 AM EDT 1 Min Read

Contrary to what was reported last week concerning Bay View’s restructuring of Franchise Mortgage Acceptance Corp., FMAC is rated “above average” as a franchise loan servicer by Standard & Poor’s. S&P describes FMAC as operating with “properly documented procedures, sound internal controls, solid management depth, and an experienced professional staff.”

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