In Brief: Bay View Capital Buys Mortgage Firm

View Bank, said Monday that it has bought Franchise Mortgage Acceptance Co. for about $282 million.

Los Angeles-based Franchise Mortgage Acceptance originates loans to fast-food restaurants, gas stations, and convenience stores. Edward H. Sondker, the president and chief executive officer of $6 billion-asset Bay View Capital, said the acquisition was a milestone in his former thrift company's transformation to a commercial bank.

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