SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): ~~April~~May 2120, 2003 GS Mortgage Securities Corp., (as depositor, Litton Loan Servicing LP, as Servicer, NC Capital Corporation as Responsible Party, and Deutsche Bank National Trust Company, as Trustee). GS MORTGAGE SEC CORP MORT PASS THR CERT SER 2003-NC1 (Exact name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-100818-04 13-6357101 (Commission File Number) (I.R.S. Employer Identification No.) 85 Broad Street New York, New York 10004 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (212) 902-1000 Item 5. Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of ~~April~~May 2120, 2003. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, not in its individual capacity, but solely as a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement, dated as of February 1,2003. Date: ~~May~~Jun 0102, 2003 By: /s/ David Co David Co Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~April~~May 2120, 2003.

	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	April 21, 2003 Distribution
	May 20, 2003 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				6
			4.	Credit Enhancement Report				9
			5.	Collateral Report				10
			6.	Delinquency Report				13
			7.	REO Report				16
			8.	Foreclosure Report				17
			9.	Prepayment Report				18
			10.	Prepayment Detail Report				21
			11.	Realized Loss Report				22
			12.	Realized Loss Detail Report				25
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				26
			14.	Other Related Information				27
			15.	Additional Certificate Report				28
				Total Number of Pages				28
			CONTACTS
				Administrator: Valerie Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705
				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000
ISSUANCE INFORMATION
	Seller:		Goldman Sachs Mortgage Securities					Cut-Off Date: February 1, 2003
	Certificate Insurer(s):							Closing Date: February 27, 2003
								First Payment Date: March 20, 2003
	Servicer(s):		Litton Loan Servicing Master Servicer
								Distribution Date: April 21, 2003
								Distribution Date: May 20, 2003
	Underwriter(s):		Goldman, Sachs & Co. Lead Underwriter					Record Date: ~~April~~May 1819, 2003
			Banc One Capital Markets Underwriter					~~March~~April 3130, 2003
						Page 1 of 28					© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	UPPER TIER REMIC
	Certificate Payment Report for April 21, 2003 Distribution
	Certificate Payment Report for May 20, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	FLT,STEP	90,637,000.00			9089,~~307~~768,~~020~~662.5458	~~135~~125,~~916~~056.2447	~~538~~983,~~357~~646.9674	~~674~~1,~~274~~108,703.2021	-	-	8988,~~768~~785,~~662~~015.5884
A-2A	FLT,STEP	64,437,000.00			6463,~~361~~762,~~577~~146.0714	8679,~~000~~071.8630	~~599~~742,~~430~~494.9309	~~685~~821,~~431~~565.7939	-	-	63,~~762~~019,~~146~~652.1405
A-2B	FLT,STEP	25,546,000.00			25,546,000.00	4138,~~625~~468.8902	-	4138,~~625~~468.8902	-	-	25,546,000.00
M-1	MEZ,FLT	12,335,000.00			12,335,000.00	2321,~~606~~752.6897	-	2321,~~606~~752.6897	-	-	12,335,000.00
M-2	MEZ,FLT	10,794,000.00			10,794,000.00	3027,~~057~~553.1251	-	3027,~~057~~553.1251	-	-	10,794,000.00
M-3		771,000.00			771,000.00	21,~~044~~874.1798	-	21,~~044~~874.1798	-	-	771,000.00
B-1		9,141,000.00			9,141,000.00	2422,~~235~~229.7682	-	2422,~~235~~229.7682	-	-	9,141,000.00
B-2		2,753,000.00			2,753,000.00	76,~~299~~694.1097	-	76,~~299~~694.1097	-	-	2,753,000.00
X INT		3,855,319.00			3,854,713.03	~~884~~906,~~850~~467.5403	-	~~884~~906,~~850~~467.5403	-	-	3,854,713.03
R-1		-			-	-	-	-	-	-	-
Total		220,269,319.00			~~219~~218,~~863~~725,~~310~~521.6475	1,~~235~~229,~~636~~169.3607	1,~~137~~726,~~788~~140.8983	2,~~373~~955,~~425~~309.2590	-	-	~~218~~216,~~725~~999,~~521~~380.7592
	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1	0304/2021/03	0405/2019/03		A-Act/360	36228FLV6	90,637,000.00	~~996~~990.~~359329~~419614	1.~~499567~~379751	510.~~939715~~852596	712.~~439282~~232347	~~990~~979.~~419614~~567018
A-2A	0304/2021/03	0405/2019/03		A-Act/360	36228FLW4	64,437,000.00	~~998~~989.~~829509~~526920	1.~~334650~~227110	911.~~302589~~522791	1012.~~637239~~749901	~~989~~978.~~526920~~004129
A-2B	0304/2021/03	0405/2019/03		A-Act/360	36228FLZ7	25,546,000.00	1,000.000000	1.~~629449~~505833	-	1.~~629449~~505833	1,000.000000
M-1	0304/2021/03	0405/2019/03		A-Act/360	36228FLX2	12,335,000.00	1,000.000000	1.~~913797~~763516	-	1.~~913797~~763516	1,000.000000
M-2	0304/2021/03	0405/2019/03		A-Act/360	36228FLY0	10,794,000.00	1,000.000000	2.~~784613~~552669	-	2.~~784613~~552669	1,000.000000
M-3	0304/2021/03	0405/2019/03		A-Act/360	36228FMA1	771,000.00	1,000.000000	2.~~651321~~431878	-	2.~~651321~~431878	1,000.000000
B-1	0304/2021/03	0405/2019/03		A-Act/360	36228FMB9	9,141,000.00	1,000.000000	2.~~651325~~431880	-	2.~~651325~~431880	1,000.000000
B-2	0304/2021/03	0405/2019/03		A-Act/360	36228FMC7	2,753,000.00	1,000.000000	2.~~651326~~431881	-	2.~~651326~~431881	1,000.000000
X INT				-		224,124,638.00	~~998~~993.~~185767~~109177	34.~~948029~~044477	-	34.~~948029~~044477	~~993~~985.~~109177~~407477
R-1				-	36228FMF0	-	-	-	-	-	-
							Page 2 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	UPPER TIER REMIC
	Certificate Payment Report for April 21, 2003 Distribution
	Certificate Payment Report for May 20, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	90,637,000.00		~~228~~353,~~309~~365.3380		~~698~~1,~~439~~597,753.5953	~~169~~254,~~897~~230.8363	~~868~~1,~~337~~851,984.4216	12,~~096~~205,~~646~~349.7596	-	-	8988,~~768~~785,~~662~~015.5884
A-2A	64,437,000.00		~~144~~223,~~544~~615.5687		~~487~~1,~~237~~134,451.9873	~~187~~282,~~615~~896.8822	~~674~~1,~~853~~417,347.8695	~~819~~1,~~398~~640,963.4382	-	-	63,~~762~~019,~~146~~652.1405
A-2B	25,546,000.00		69108,~~753~~221.1012		-	-	-	69108,~~753~~221.1012	-	-	25,546,000.00
M-1	12,335,000.00		3961,~~490~~243.5653		-	-	-	3961,~~490~~243.5653	-	-	12,335,000.00
M-2	10,794,000.00		5077,~~127~~680.2172		-	-	-	5077,~~127~~680.2172	-	-	10,794,000.00
M-3	771,000.00		35,~~410~~285.2927		-	-	-	35,~~410~~285.2927	-	-	771,000.00
B-1	9,141,000.00		4062,~~432~~662.4729		-	-	-	4062,~~432~~662.4729	-	-	9,141,000.00
B-2	2,753,000.00		1218,~~177~~872.0704		-	-	-	1218,~~177~~872.0704	-	-	2,753,000.00
X INT	3,855,319.00		12,~~885~~791,~~351~~818.1619		605.97	-	605.97	12,~~885~~792,~~957~~424.1316	-	-	3,854,713.03
R-1	-		-		-	-	-	-	-	-	-
Total	220,269,319.00		23,~~473~~702,~~595~~764.7582		12,~~186~~732,~~283~~811.5423	~~357~~537,~~513~~126.7185	13,~~543~~269,~~797~~938.2508	46,~~017~~972,~~393~~702.0090	-	-	~~218~~216,~~725~~999,~~521~~380.7592
	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	1.~~69375~~73000%	9089,~~307~~768,~~020~~662.5458			~~135~~125,~~962~~102.2461	46.0014	-	-	~~135~~125,~~916~~056.2447	~~135~~125,~~916~~056.2447	-
A-2A	1.~~50375~~54000%	6463,~~361~~762,~~577~~146.0714			8679,~~029~~100.9748	29.1118	-	-	8679,~~000~~071.8630	8679,~~000~~071.8630	-
A-2B	1.~~83375~~87000%	25,546,000.00			4138,~~639~~482.9821	14.0919	-	-	4138,~~625~~468.8902	4138,~~625~~468.8902	-
M-1	2.~~15375~~19000%	12,335,000.00			2321,~~614~~761.6700	78.9903	-	-	2321,~~606~~752.6897	2321,~~606~~752.6897	-
M-2	3.~~13375~~17000%	10,794,000.00			3027,~~067~~563.2968	10.17	-	-	3027,~~057~~553.1251	3027,~~057~~553.1251	-
M-3	23.~~98375~~02000%	771,000.00			21,~~044~~875.8667	0.69	-	-	21,~~044~~874.1798	21,~~044~~874.1798	-
B-1	23.~~98375~~02000%	9,141,000.00			2422,~~243~~238.9602	8.20	-	-	2422,~~235~~229.7682	2422,~~235~~229.7682	-
B-2	23.~~98375~~02000%	2,753,000.00			76,~~301~~697.5744	2.47	-	-	76,~~299~~694.1097	76,~~299~~694.1097	-
X INT		~~223~~222,~~718~~580,~~023~~234.6878			~~884~~906,~~850~~467.5304	-	-	-	~~884~~906,~~850~~467.5304	~~884~~906,~~850~~467.5403	-0.02
R-1		-			-	-	-	-	-	-	-
Total		~~439~~437,~~726~~451,~~621~~043.2850			1,~~235~~229,~~755~~288.0715	~~118~~119.7207	-	-	1,~~235~~229,~~636~~169.3508	1,~~235~~229,~~636~~169.3607	-0.02
							Page 3 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	CLASS X REMIC
	Certificate Payment Report for April 21, 2003 Distribution
	Certificate Payment Report for May 20, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
N	SUB	14,230,000.00			1312,~~321~~510,~~769~~511.0438	9186,~~587~~009.1677	~~811~~832,~~257~~990.6620	~~902~~918,~~844~~999.8297	-	-	1211,~~510~~677,~~511~~521.3818
X	SUB	-			-	-	-	-	-	-	-
R-2		-			-	-	-	-	-	-	-
Total		14,230,000.00			1312,~~321~~510,~~769~~511.0438	9186,~~587~~009.1677	~~811~~832,~~257~~990.6620	~~902~~918,~~844~~999.8297	-	-	1211,~~510~~677,~~511~~521.3818
	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
N	0304/01/03	0304/3130/03		F-30/360	36228FME3	14,230,000.00	~~936~~879.~~174915~~164539	6.~~436202~~044257	5758.~~010377~~537611	6364.~~446579~~581867	~~879~~820.~~164539~~626928
X				-	36228FMD5	-	-	-	-	-	-
R-2				-	36228FMG8	-	-	-	-	-	-
							Page 4 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	CLASS X REMIC
	Certificate Payment Report for April 21, 2003 Distribution
	Certificate Payment Report for May 20, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
N	14,230,000.00		~~189~~275,~~418~~428.4118		12,~~719~~552,~~488~~478.6282	-	12,~~719~~552,~~488~~478.6282	12,~~908~~827,907.0300	-	-	1211,~~510~~677,~~511~~521.3818
X	-		-		-	-	-	-	-	-	-
R-2	-		-		-	-	-	-	-	-	-
Total	14,230,000.00		~~189~~275,~~418~~428.4118		12,~~719~~552,~~488~~478.6282	-	12,~~719~~552,~~488~~478.6282	12,~~908~~827,907.0300	-	-	1211,~~510~~677,~~511~~521.3818
	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
N	8.25000%	1312,~~321~~510,~~769~~511.0438			9186,~~587~~009.1677	-	-	-	9186,~~587~~009.1677	9186,~~587~~009.1677	-
X		-			-	-	-	-	-	-	-
R-2		-			-	-	-	-	-	-	-
Total		1312,~~321~~510,~~769~~511.0438			9186,~~587~~009.1677	-	-	-	9186,~~587~~009.1677	9186,~~587~~009.1677	-
							Page 5 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collection Account Report for April 21, 2003 Distribution
	Collection Account Report for May 20, 2003 Distribution
	Collection Account Report
SUMMARY						GROUP 2	GROUP 1	TOTAL
	Principal Collections					~~599~~742,~~430~~494.9309	~~538~~983,~~357~~646.9674	1,~~137~~726,~~788~~140.8983
	Principal Withdrawls					0.00	0.00	0.00
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					~~599~~742,~~430~~494.9309	~~538~~983,~~357~~646.9674	1,~~137~~726,~~788~~140.8983
	Interest Collections					~~627~~623,~~819~~796.9174	~~625~~622,~~654~~443.5795	1,~~253~~246,~~474~~240.4869
	Interest Withdrawals					0.00	0.00	0.00
	Interest Fees					(98,~~330~~311.4865)	(8,~~507~~759.6497)	(17,~~838~~071.1262)
	Interest Other Accounts					~~9,639~~0.4200	812,~~354~~532.8694	1712,~~994~~532.2894
	TOTAL NET INTEREST					~~628~~615,~~128~~485.8509	~~625~~626,~~501~~216.7992	1,~~253~~241,~~630~~702.6401
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					1,~~227~~357,~~559~~979.7818	1,~~163~~609,~~859~~863.7566	2,~~391~~967,~~419~~842.5384
PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal Received					9895,~~906~~280.7434	8784,~~678~~332.3180	~~186~~179,~~585~~613.0514
	Curtailments					103,~~457~~399.0491	~~5,338~~(309.3786)	153,~~795~~090.4105
	Prepayments in Full					~~490~~643,~~067~~813.1584	~~445~~899,~~341~~623.2880	~~935~~1,~~408~~543,437.4364
	Repurchased Principal Amounts					0.00	0.00	0.00
	Liquidations					0.00	0.00	0.00
	Insurance Principal					0.00	0.00	0.00
	Other Principal					0.00	0.00	0.00
	Current Realized Loss of Principal					0.00	0.00	0.00
	Supplemental Realized Loss\Gain of Principal					0.00	0.00	0.00
	Subtitution Shortfall Principal					0.00	0.00	0.00
	Loan Adjustment Principal					0.00	0.00	0.00
	Delinquent Principal					(7978,~~881~~337.3492)	(7369,~~424~~942.9827)	(~~153~~148,~~306~~280.3219)
	Advanced Principal					7978,~~881~~337.3492	7369,~~424~~942.9827	~~153~~148,~~306~~280.3219
	TOTAL PRINCIPAL COLLECTED					~~599~~742,~~430~~494.9309	~~538~~983,~~357~~646.9674	1,~~137~~726,~~788~~140.8983
				Page 6 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collection Account Report for April 21, 2003 Distribution
	Collection Account Report for May 20, 2003 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
INTEREST - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Interest					~~665~~662,~~396~~136.5278	~~664~~660,~~166~~474.9025	1,~~329~~322,~~563~~611.4203
	Repurchased Interest					0.00	0.00	0.00
	Liquidation Interest					0.00	0.00	0.00
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Prepayment Interest Shortfalls					(~~394~~2,336.4556)	(1,~~504~~863.5935)	(14,~~899~~199.0491)
	Realized Losses of Interest					0.00	0.00	0.00
	Compensating Interest					~~394~~2,336.4556	1,~~504~~863.5935	14,~~899~~199.0491
	Relief Act Interest Shortfalls					(~~118~~119.7207)	0.00	(~~118~~119.7207)
	Substitution Shortfall Interest					0.00	0.00	0.00
	Loan Adjustment Interest					0.00	0.00	0.00
	Delinquent Interest					(~~549~~559,~~073~~292.3018)	(~~559~~553,~~499~~594.5295)	(1,~~108~~112,~~572~~887.8213)
	Interest Advanced					~~511~~521,~~615~~071.4121	~~520~~515,~~987~~564.1965	1,~~032~~036,~~602~~635.6086
	TOTAL INTEREST COLLECTED					~~627~~623,~~819~~796.9174	~~625~~622,~~654~~443.5795	1,~~253~~246,~~474~~240.4869
				Page 7 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collection Account Report for April 21, 2003 Distribution
	Collection Account Report for May 20, 2003 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
	Trust Fund Expenses					0.00	0.00	0.00
	Non Recoverable Advances					0.00	0.00	0.00
	Reimbursements to Master Servicer					0.00	0.00	0.00
	TOTAL INTEREST WITHDRAWALS					0.00	0.00	0.00
INTEREST - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	Prepayment Charges					~~9,639~~0.4200	812,~~354~~532.8694	1712,~~994~~532.2894
	Interest Cap Payments					0.00	0.00	0.00
	TOTAL INTEREST OTHER ACCOUNTS					~~9,639~~0.4200	812,~~354~~532.8694	1712,~~994~~532.2894
INTEREST - FEES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					87,~~233~~221.8804	7,~~405~~663.6132	1514,~~639~~884.4936
	Trustee Fee					1,~~096~~090.6061	1,~~102~~096.0365	2,~~198~~187.6326
	TOTAL INTEREST OTHER FEES					98,~~330~~311.4865	8,~~507~~759.6497	17,~~838~~071.1262
				Page 8 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Credit Enhancement Report for April 21, 2003 Distribution
	Credit Enhancement Report for May 20, 2003 Distribution
	Credit Enhancement Report
ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	Beginning Excess Reserve Fund Account Balance							0.00
	Basis Risk Carryover Deposit							0.00
	Interest Cap Payment Deposit							0.00
	Basis Risk Carryover Amount Paid							0.00
	Interest Cap Pmt Amount Released to Class X Interest							0.00
	Ending Excess Reserve Fund Account Balance							0.00
INSURANCE						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES						GROUP 2	GROUP 1	TOTAL
	Overcollateralized Amount							3,854,713.08
	Specified Overcollateralized Amount							3,854,713.08
				Page 9 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collateral Report for April 21, 2003 Distribution
	Collateral Report for May 20, 2003 Distribution
	Collateral Report
COLLATERAL						GROUP 2	GROUP 1	TOTAL
	Loan Count:
	Original					548	651	1199
	Prior					~~548~~546	~~649~~647	1,~~197~~193
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(2)	(24)	(46)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					~~546~~544	~~647~~643	1,~~193~~187
	Principal Balance:
	Original					109,735,791.37	110,533,527.68	220,269,319.05
	Prior					109,~~660~~060,~~255~~824.7077	~~110~~109,~~203~~664,~~054~~697.9903	~~219~~218,~~863~~725,~~310~~521.6980
	Prefunding					-	-	-
	Scheduled Principal					(9895,~~906~~280.7434)	(8784,~~678~~332.3180)	(~~186~~179,~~585~~613.0514)
	Partial and Full Voluntary Prepayments					(~~500~~647,~~524~~213.1975)	(~~450~~899,~~679~~313.6594)	(~~951~~1,~~203~~546,527.8469)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					~~109~~108,~~060~~318,~~824~~330.7768	~~109~~108,~~664~~681,~~697~~050.0329	~~218~~216,~~725~~999,~~521~~380.8097
PREFUNDING						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
	Group 1
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 10 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collateral Report for April 21, 2003 Distribution
	Collateral Report for May 20, 2003 Distribution
	Collateral Report
CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original					7.280348%	7.232326%	7.256250%
	Weighted Average Coupon Prior					7.~~280348~~281360%	7.~~232326~~232107%	7.~~256250~~256673%
	Weighted Average Coupon Current					7.~~281360~~285514%	7.~~232107~~227204%	7.~~256673~~256278%
	Weighted Average Months to Maturity Original					(304)	(701)	(503)
	Weighted Average Months to Maturity Prior					(~~304~~303)	(~~701~~702)	(503)
	Weighted Average Months to Maturity Current					(~~303~~302)	(~~702~~703)	(503)
	Weighted Avg Remaining Amortization Term Original					(747)	(822)	(784)
	Weighted Avg Remaining Amortization Term Prior					(~~747~~748)	(~~822~~823)	(~~784~~785)
	Weighted Avg Remaining Amortization Term Current					(748)	(~~823~~824)	(~~785~~786)
	Weighted Average Seasoning Original					2.11	2.13	2.12
	Weighted Average Seasoning Prior					23.11	23.13	23.12
	Weighted Average Seasoning Current					34.11	34.13	34.12
Note: Original information refers to deal issue.
	Group 1
	Group 2
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
				Page 11 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Collateral Report for April 21, 2003 Distribution
	Collateral Report for May 20, 2003 Distribution
	Collateral Report
ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original					2.542%	5.395%
	Weighted Average Margin Prior					2.542%	5.~~395~~402%
	Weighted Average Margin Current					2.~~542~~540%	5.~~402~~397%
	Weighted Average Max Rate Original					10.119%	13.183%
	Weighted Average Max Rate Prior					10.119%	13.~~183~~191%
	Weighted Average Max Rate Current					10.~~119~~115%	13.~~191~~182%
	Weighted Average Min Rate Original					7.282%	7.232%
	Weighted Average Min Rate Prior					7.~~282~~281%	7.232%
	Weighted Average Min Rate Current					7.~~281~~285%	7.~~232~~227%
	Weighted Average Cap Up Original					0.641%	1.292%
	Weighted Average Cap Up Prior					0.641%	1.~~292~~294%
	Weighted Average Cap Up Current					0.~~641~~639%	1.~~294~~293%
	Weighted Average Cap Down Original					0.641%	1.292%
	Weighted Average Cap Down Prior					0.641%	1.~~292~~294%
	Weighted Average Cap Down Current					0.~~641~~639%	1.~~294~~293%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					87,~~233~~221.8804	7,~~405~~663.6132	1514,~~639~~884.4936
	Delinquent Servicing Fees					3738,~~457~~220.8997	38,~~512~~030.3330	7576,~~970~~251.2227
	TOTAL SERVICING FEES					45,~~691~~442.7701	45,~~917~~693.9462	91,~~609~~135.7163
	Prepayment Interest Shortfall					~~394~~2,336.4556	1,~~504~~863.5935	14,~~899~~199.0491
	Compensating Interest					(~~394~~2,336.4556)	(1,~~504~~863.5935)	(14,~~899~~199.0491)
	Delinquent Servicing Fees					(3738,~~457~~220.8997)	(38,~~512~~030.3330)	(7576,~~970~~251.2227)
	COLLECTED SERVICING FEES					87,~~233~~221.8804	7,~~405~~663.6132	1514,~~639~~884.4936
	Aggregate Advances with respect to this Distribution					~~591~~599,~~496~~409.7513	~~594~~585,~~412~~506.1792	1,~~185~~184,~~908~~916.9205
	Aggregate Outstanding Advances as reported by Servicer							0.00
ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Prepayment Interest Shortfall							14,~~899~~199.0491
	Compensating Interest							(14,~~899~~199.0491)
	NET PREPAYMENT INTEREST SHORTFALL							0.00
	Net Monthly Excess Cash Flow							~~884~~906,~~850~~467.5403
	Net Monthly Excess Cash Flow alloc to Realized Losses							0.00
	Net Monthly Excess Cash Flow alloc to Unpaid Interest							0.00
	Current LIBOR							1.~~283750~~320000%
	Next LIBOR							1.~~320000~~318130%
				Page 12 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Delinquency Report for April 21, 2003 Distribution
	Delinquency Report for May 20, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			12,~~792~~537,~~090~~021.3509	67415,~~350~~459.8025	-67,312.80	13,~~859~~019,~~441~~793.1514
		% Balance			01.8217%	0.0319%	0.0003%	01.8539%
		# Loans			915	12	-1	1018
		% # Loans			01.7526%	0.0817%	0.0008%	01.8452%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-431,904.45	-	-	-431,904.45
		% Balance		0.00%	0.0020%	0.00%	0.00%	0.0020%
		# Loans		-	-1	-	-	-1
		% # Loans		0.00%	0.0008%	0.00%	0.00%	0.0008%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		-	12,~~792~~968,~~090~~925.3554	67415,~~350~~459.8025	-67,312.80	13,~~859~~451,~~441~~697.1559
		% Balance		0.00%	01.8237%	0.0319%	0.0003%	01.8559%
		# Loans		-	916	12	-1	1019
		% # Loans		0.00%	01.7535%	0.0817%	0.0008%	01.8460%
Note: <1 Payment = 0-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 13 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Delinquency Report for April 21, 2003 Distribution
	Delinquency Report for May 20, 2003 Distribution
	Delinquency Report - Group 1 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			~~617~~2,~~246~~132,248.4530	6741,~~350~~148.8084	-67,312.80	~~684~~2,~~597~~240,709.2594
		% Balance			01.5696%	0.0604%	0.0006%	02.6206%
		# Loans			412	1	-1	514
		% # Loans			01.6287%	0.1516%	0.0016%	02.7718%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		-	~~617~~2,~~246~~132,248.4530	6741,~~350~~148.8084	-67,312.80	~~684~~2,~~597~~240,709.2594
		% Balance		0.00%	01.5696%	0.0604%	0.0006%	02.6206%
		# Loans		-	412	1	-1	514
		% # Loans		0.00%	01.6287%	0.1516%	0.0016%	02.7718%
Note: <1 Payment = 0-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 14 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Delinquency Report for April 21, 2003 Distribution
	Delinquency Report for May 20, 2003 Distribution
	Delinquency Report - Group 2 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			1404,~~174,843~~772.9079	-374,310.41	-	1779,~~174,843~~083.9020
		% Balance			10.0837%	0.0035%	0.00%	10.0872%
		# Loans			53	-1	-	54
		% # Loans			0.9255%	0.0018%	0.00%	0.9274%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-431,904.45	-	-	-431,904.45
		% Balance		0.00%	0.0040%	0.00%	0.00%	0.0040%
		# Loans		-	-1	-	-	-1
		% # Loans		0.00%	0.0018%	0.00%	0.00%	0.0018%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		-	1836,~~174,843~~677.9024	-374,310.41	-	1,~~174~~210,~~843~~987.9065
		% Balance		0.00%	10.0877%	0.0035%	0.00%	1.0812%
		# Loans		-	54	-1	-	5
		% # Loans		0.00%	0.9274%	0.0018%	0.00%	0.92%
Note: <1 Payment = 0-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 15 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	REO Report for April 21, 2003 Distribution
	REO Report for May 20, 2003 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1 Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group; REO Book Value = 000.00
Total Current Balance = 000.00
REO Book Value = 000.00
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
				Page 16 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Foreclosure Report for April 21, 2003 Distribution
	Foreclosure Report for May 20, 2003 Distribution
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1 Group
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group
Total Current Balance = 000.00
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
				Page 17 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Prepayment Report for April 21, 2003 Distribution
	Prepayment Report for May 20, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Paid in Full Loans					2	24	46
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					2	24	46
	Paid in Full Balance					~~490~~643,~~067~~813.1584	~~445~~899,~~341~~623.2880	~~935~~1,~~408~~543,437.4364
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					103,~~457~~399.0491	~~5,338~~(309.3786)	153,~~795~~090.4105
	Total Prepayment Amount					~~500~~647,~~524~~213.1975	~~450~~899,~~679~~313.6594	~~951~~1,~~203~~546,527.8469
	Cumulative
	Number of Paid in Full Loans					24	48	612
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					24	48	612
	Paid in Full Balance					~~490~~1,~~067~~133,880.1599	~~690~~1,~~151~~589,775.5131	12,~~180~~723,~~218~~656.6630
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					~~(2,716~~683.~~43)~~48	8,~~781~~471.3145	69,~~064~~154.8893
	Total Prepayment Amount					~~487~~1,~~350~~134,564.7247	~~698~~1,~~932~~598,246.8276	12,~~186~~732,~~283~~811.5423
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 18 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Prepayment Report for April 21, 2003 Distribution
	Prepayment Report for May 20, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL
	SMM					0.4659%	0.4182%	0.4371%
	3 Months Avg SMM					0.35%	0.49%	0.42%
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.2335%	0.3249%	0.2742%
	CPR					56.3590%	49.8042%	58.0717%
	3 Months Avg CPR					4.13%	5.67%	4.88%
	12 Months Avg CPR
	Avg CPR Since Cut-off					24.7113%	35.7467%	34.1988%
	PSA					~~859~~839.8137%	~~766~~1139.9083%	~~813~~991.1336%
	3 Months Avg PSA Approximation					663.67%	905.36%	782.12%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					~~519~~663.3867%	~~710~~905.4036%	~~609~~782.2412%
	Group 1
	Group 2
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 19 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Prepayment Report for April 21, 2003 Distribution
	Prepayment Report for May 20, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
	Group 1
	Group 2
CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
				Page 20 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for April 21, 2003 Distribution
	Prepayment Detail Report for May 20, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 4						Loan Group 1 = Group 1 Group
Total Loan Count = 6						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 937,005.00						Loan Group 2 = Group 2 Group
Total Original Principal Balance = 1,547,000.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 935,408.43
Total Prepayment Amount = 1,543,437.64
Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date
717125 1			220,000.00	219,672.79	Mar-06-03	9.500%	CA - 55.00%	Paid Off - 360	Nov-26-02
752035 1			195,000.00	194,498.02	Apr-28-03	9.250%	RI - 84.78%	Paid Off - 360	Nov-27-02
780796 1			226,005.00	225,668.49	Mar-28-03	7.500%	NV - 95.00%	Paid Off - 360	Dec-31-02
770885 1			191,250.00	190,776.02	Apr-30-03	6.990%	CA - 85.00%	Paid Off - 360	Dec-30-02
761135 2			330,000.00	329,353.78	Mar-25-03	6.100%	NJ - 50.77%	Paid Off - 360	Dec-11-02
782869 1			233,250.00	232,672.89	Apr-02-03	7.000%	CA - 75.00%	Paid Off - 360	Dec-30-02
780161 2			161,000.00	160,713.37	Mar-28-03	7.000%	MI - 83.42%	Paid Off - 360	Dec-31-02
786314 1			282,250.00	281,676.87	Apr-23-03	7.990%	CA - 89.99%	Paid Off - 360	Dec-31-02
760880 2			383,350.00	382,445.64	Apr-09-03	7.240%	CA - 85.00%	Paid Off - 360	Dec-23-02
769111 2			261,900.00	261,368.20	Apr-17-03	7.990%	NJ - 90.00%	Paid Off - 360	Dec-20-02
					Page 21 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 21, 2003 Distribution
	Realized Loss Report for May 20, 2003 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-
	Cumulative
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-
	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.
	Supplemental Realized Losses (Recoveries)					0.00	0.00	0.00
	Cumulative Loss Percentage							0.000000%
	Applied Realized Loss Amount Current							0.00
	Applied Realized Loss Amount Aggregate							0.00
	Group 1						3 Months Moving Average
	Group 2
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 22 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 21, 2003 Distribution
	Realized Loss Report for May 20, 2003 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS						GROUP 2	GROUP 1	TOTAL
	MDR					0.00%	0.00%	0.00%
	3 Months Avg MDR					0.00%	0.00%	0.00%
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.00%	0.00%	0.00%
	CDR					0.00%	0.00%	0.00%
	3 Months Avg CDR					0.00%	0.00%	0.00%
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.00%	0.00%	0.00%
	SDA					0.00%	0.00%	0.00%
	3 Months Avg SDA Approximation					0.00%	0.00%	0.00%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					0.00%	0.00%	0.00%
	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off
	Group 1
	Group 2
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 23 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 21, 2003 Distribution
	Realized Loss Report for May 20, 2003 Distribution
	Realized Loss Report - Collateral
	Group 1
	Group 2
CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) .......(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.
				Page 24 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Realized Loss Detail Report for April 21, 2003 Distribution
	Realized Loss Detail Report for May 20, 2003 Distribution
	Realized Loss Detail Report - Loans Liquidated During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 0						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 0.00						Loan Group 2 = Group 2 Group
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
					Page 25 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for April 21, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report for May 20, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS						GROUP 2	GROUP 1	TOTAL
	Has the Optional Termination Date been reached							No
	Has a Stepdown Date occurred?							No
	Does Trigger Event exist?							No
	A Trigger Event exists if either (i) or (ii) are true
	(i) the quotient of (1) divided by (2) > 45% of Sr. Enhance %
	(1) 60+ Day Rolling Delq loans							33183,~~675~~374.4028
	(2) Stated Principal Balance							~~218~~216,~~725~~999,~~521~~380.8097
	60+ Day Delq % ( quotient of (1) over (2) )							0.~~015396~~084505%
	Senior Enhancement Percentage							18.~~127154~~271348%
	45% of Sr Enhancement Percentage							8.~~157219~~222107%
	(ii) the quotient of (x) divided by (y) > the applicable loss %
	(x) aggregate Realized Losses since Cutoff Date							0.00
	(y) Cutoff Date Pool Principal Balance							220,269,319.05
	Trigger Event Loss % (quotient of (x) over (y) )							0.000000%
	Applicable Loss Percentage							100.000000%
ADJUSTABLE RATE CERTIFICATE INFORMATION						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal
	1 Month Prior							~~186~~179,~~585~~613.0514
	2 Months Prior							~~170~~186,~~928~~585.6605
	3 Months Prior							0170,928.0066
	4 Months Prior							0.00
	5 Months Prior							0.00
	6 Months Prior							0.00
	7 Months Prior							0.00
	8 Months Prior							0.00
	9 Months Prior							0.00
	10 Months Prior							0.00
	11 Months Prior							0.00
	12 Months Prior							0.00
				Page 26 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Other Related Information for April 21, 2003 Distribution
	Other Related Information for May 20, 2003 Distribution
	Other Related Information
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal on 60+ Day Delinquent Loans
	1 Month Prior							37239.7237
	2 Months Prior							037.0072
	3 Months Prior							0.00
	4 Months Prior							0.00
	5 Months Prior							0.00
	6 Months Prior							0.00
	7 Months Prior							0.00
	8 Months Prior							0.00
	9 Months Prior							0.00
	10 Months Prior							0.00
	11 Months Prior							0.00
	12 Months Prior							0.00
				Page 27 of 28				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-NC1
	Mortgage Pass-Through Certificates
	Additional Certificate Report for April 21, 2003 Distribution
	Additional Certificate Report for May 20, 2003 Distribution
	Additional Certificate Report
	CLASS	Net PPIS & Relief Act Shortfall Allocation	Unpaid Interest Amount Due	Unpaid Interest Paid	Remaining Unpaid Interest Amount	Basis Risk Carryover Amount Due	Basis Risk Carryover Amount Paid	Remaining Basis Risk Carryover
	A-1	46.0014	0.00	0.00	0.00	0.00	0.00	0.00
	A-2A	29.1118	0.00	0.00	0.00	0.00	0.00	0.00
	A-2B	14.0919	0.00	0.00	0.00	0.00	0.00	0.00
	M-1	78.9903	0.00	0.00	0.00	0.00	0.00	0.00
	M-2	10.17	0.00	0.00	0.00	0.00	0.00	0.00
	M-3	0.69	0.00	0.00	0.00	0.00	0.00	0.00
	B-1	8.20	0.00	0.00	0.00	0.00	0.00	0.00
	B-2	2.47	0.00	0.00	0.00	0.00	0.00	0.00
				Page 28 of 28				© COPYRIGHT 2003 Deutsche Bank

Filing Compare · GS MORTGAGE SEC CORP MORT PASS THR CERT SER 2003 NC1