(a) A credit union may do either or both of the following:

1. (1) Purchase, in whole or in part, from any source, loans made to its members.
2. (2) Sell, in whole or in part, to any source, loans made to its members.

(b) A credit union may purchase, in whole or in part, either or both of the following:

1. (1) A loan originated by another credit union, which is made to a member of the originating credit union even though the member is not also a member of the credit union purchasing the loan.
2. (2) A loan from any source, if the purchase will facilitate the purchasing credit union’s packaging of a pool of those loans to be sold or pledged on the secondary market.