In medium mixing bowl beat together white cake mix, egg whites, 3¼ Tbsp. Saco Buttermilk Blend, 1⅓ cups water and oil.
In separate mixing bowl, beat together yellow cake mix and remaining cake ingredients.
Spoon red batter alternately with white batter into prepared cake pans.
Swirl batter gently with a knife.
Bake for 22 - 25 minutes or until a wooden pick inserted in center comes out clean.
Cool in pans on wire rack for 10 min.
Place 1 layer cake on serving plate and spread peppermint cream cheese frosting on top.
Place 2nd layer cake on top of that and spread top only with peppermint cream cheese frosting. Place final layer cake on top and cover top and sides with remaining frosting.
Cover with coconut and decorate with peppermint candies.