The Dormitory Authority of the State of New York last week revised a previously approved financing because staff expected that credit rating recalibrations obviated the need for mortgage ­insurance.

In January, DASNY approved a $40.1 million pooled financing on behalf of members of the InterAgency Council, a organization of nonprofit agencies serving the mentally and developmentally disabled. The bonds were to be sold in three series but will now be marketed as two.

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