Thanks Mark. That gave me that clue I needed. I was just looking at the schematic for the FRDM-K64F and that source was not jumping out at me. I'm using Processor Expert though. So the set-up is a little different.
In processor Expert I set the system oscillator of "External reference clock" under clock source and selected RMII_RXCLK on PTA18 for the pin name. Once I did that I set the timing for CAN as follows:
Propagation segment = 1
Time Segment 1 = 4
Time Segment 2 = 4
Resync jump with = 1
That is a Time quantra per bit of 10 and a 1000 kbit/s bit rate which was my goal.
Its working well now with no error frames reported by CanKing.