Freddie Mac’s FredBox Vending Machine is a Hoax

Here at Vending Solutions we like to think of ourselves as very current on the happenings in the vending industry.  Imagine our surprise to find an article titled, Freddie Mac Introduces FredBox, First Ever Mortgage Vending Machine in our Google Vending News RSS feed.  As of right now, there are 134 results showing for “Fredbox” that have been posted in the past 24 hours.  Most of the vending blogs covering the story seem to have missed the astrix at the bottom that says, “Clearly a parody, boys and girls.”

The original article states that Freddie Mac issued a press release saying it will let investors buy securitized loans from vending machines that will be placed in airports, 7-Elevens etc.

Freddie Mac Vending Machine

While our company isn’t going to take a stance one way or another regarding Freddie Mac’s current status as a company, the article is an entertaining read.  Again, FredBox is a HOAX!  Freddie Mac is NOT PLACING A NETWORK OF SECURITIZED MORTGAGE BOND VENDING MACHINES!