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): ~~June~~July 2021, 2003 GS Mortgage Securities Corp., (as depositor, Ocwen Federal Bank FSB, as Servicer, NC Capital Corporation as Responsible Party, and Deutsche Bank National Trust Company, as Trustee). (Exact name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-100818-09 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 ~~June~~July 2021, 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 May 1,2003. Date: ~~Jul~~Aug 0201, 2003 By: /s/ ~~David~~Katherine CoM. ~~David~~Wannenmacher CoKatherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~June~~July 2021, 2003.

	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	June 20, 2003 Distribution
	July 21, 2003 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				14
			8.	Foreclosure Report				15
			9.	Prepayment Report				16
			10.	Prepayment Detail Report				19
			11.	Realized Loss Report				20
			12.	Realized Loss Detail Report				23
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				24
			14.	Other Related Information				25
			15.	Additional Certificate Report				26
				Total Number of Pages				26
			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: May 1, 2003
	Certificate Insurer(s):							Closing Date: May 28, 2003
								First Payment Date: June 20, 2003
	Servicer(s):		Ocwen Federal Master Servicer
								Distribution Date: June 20, 2003
								Distribution Date: July 21, 2003
	Underwriter(s):		Goldman, Sachs & Co. Lead Underwriter					Record Date: ~~June~~July 1918, 2003
			Banc One Capital Markets Underwriter
						Page 1 of 26					© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	UPPER TIER REMIC
	Certificate Payment Report for June 20, 2003 Distribution
	Certificate Payment Report for July 21, 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	183,528,000.00			~~183~~181,~~528~~301,~~000~~162.0005	~~194~~225,~~495~~398.0789	24,~~226~~668,~~837~~333.9557	24,~~421~~893,~~333~~732.0246	-	-	~~181~~176,~~301~~632,~~162~~828.0548
A-2A	FLT,STEP	125,852,000.00			~~125~~124,~~852~~537,~~000~~118.0004	~~119~~136,~~703~~597.6133	14,~~314~~443,~~881~~607.9618	14,~~434~~580,~~585~~204.5751	-	-	~~124~~120,~~537~~093,~~118~~510.0486
A-2B	FLT,STEP	42,418,000.00			42,418,000.00	5161,~~185~~136.8642	-	5161,~~185~~136.8642	-	-	42,418,000.00
M-1	MEZ,FLT	25,407,000.00			25,407,000.00	3442,~~879~~307.0507	-	3442,~~879~~307.0507	-	-	25,407,000.00
M-2	MEZ,FLT	23,888,000.00			23,888,000.00	4961,~~123~~787.8581	-	4961,~~123~~787.8581	-	-	23,888,000.00
M-3		7,600,000.00			7,600,000.00	1722,~~571~~275.0465	-	1722,~~571~~275.0465	-	-	7,600,000.00
B-1		10,424,000.00			10,424,000.00	3748,~~752~~954.6207	-	3748,~~752~~954.6207	-	-	10,424,000.00
B-2		6,515,000.00			6,515,000.00	2228,~~138~~632.5675	-	2228,~~138~~632.5675	-	-	6,515,000.00
X		8,686,640.55			8,686,~~640~~372.5581	2,~~147~~024,~~610~~457.1828	~~267.74~~-	2,~~147~~024,~~877~~457.9228	-	-	8,686,372.81
P		-			-	3287,~~029~~132.2199	-	3287,~~029~~132.2199	-	-	-
UT-R		-			-	-	-	-	-	-	-
Total		434,318,640.55			~~434~~430,~~318~~776,~~640~~652.5590	2,~~706~~738,~~489~~680.0526	39,~~541~~111,~~987~~940.6575	611,~~248~~850,~~476~~621.7001	-	-	~~430~~421,~~776~~664,~~652~~712.9015
	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	0506/2820/03	0607/1920/03		A-Act/360	36228FSS6	183,528,000.00	~~1,000~~987.~~000000~~866495	1.~~059757~~228144	1225.~~133505~~436629	1326.~~193262~~664773	~~987~~962.~~866495~~429866
A-2A	0506/2820/03	0607/1920/03		A-Act/360	36228FST4	125,852,000.00	~~1,000~~989.~~000000~~552157	01.~~951146~~085381	1035.~~447843~~308197	1136.~~398989~~393577	~~989~~954.~~552157~~243960
A-2B	0506/2820/03	0607/1920/03		A-Act/360	36228FSZ0	42,418,000.00	1,000.000000	1.~~206701~~441285	-	1.~~206701~~441285	1,000.000000
M-1	0506/2820/03	0607/1920/03		A-Act/360	36228FSU1	25,407,000.00	1,000.000000	1.~~372813~~665174	-	1.~~372813~~665174	1,000.000000
M-2	0506/2820/03	0607/1920/03		A-Act/360	36228FSV9	23,888,000.00	1,000.000000	2.~~056424~~586563	-	2.~~056424~~586563	1,000.000000
M-3	0506/2820/03	0607/1920/03		A-Act/360	36228FSW7	7,600,000.00	1,000.000000	2.~~311979~~931007	-	2.~~311979~~931007	1,000.000000
B-1	0506/2820/03	0607/1920/03		A-Act/360	36228FSX5	10,424,000.00	1,000.000000	34.~~621702~~696285	-	34.~~621702~~696285	1,000.000000
B-2	0506/2820/03	0607/1920/03		A-Act/360	36228FSY3	6,515,000.00	1,000.000000	34.~~398091~~394896	-	34.~~398091~~394896	1,000.000000
X	0506/2820/03	0607/1920/03		A-Act/360	36228FTA4	8,686,640.55	150,~~000~~590.~~000000~~676936	~~247~~233.~~231386~~054110	~~0.030822~~-	~~247~~233.~~262208~~054110	~~999~~49,541.~~969178~~716672
P	0506/2820/03	0607/1920/03		A-Act/360	36228FTB2	-	-	-	-	-	-
UT-R	0506/2820/03	0607/1920/03		A-Act/360	36228FTC0	-	-	-	-	-	-
							Page 2 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	UPPER TIER REMIC
	Certificate Payment Report for June 20, 2003 Distribution
	Certificate Payment Report for July 21, 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	183,528,000.00		~~194~~419,~~495~~893.0796		26,~~059~~562,~~473~~177.9675	~~167~~332,~~363~~993.9977	26,~~226~~895,~~837~~171.9552	27,~~421~~315,~~333~~065.0248	-	-	~~181~~176,~~301~~632,~~162~~828.0548
A-2A	125,852,000.00		~~119~~256,~~703~~300.6194		15,~~142~~415,~~158~~209.1546	~~172~~343,~~723~~279.8168	15,~~314~~758,~~881~~489.9614	16,~~434~~014,~~585~~790.5708	-	-	~~124~~120,~~537~~093,~~118~~510.0486
A-2B	42,418,000.00		51112,~~185~~322.8628		-	-	-	51112,~~185~~322.8628	-	-	42,418,000.00
M-1	25,407,000.00		3477,~~879~~186.0512		-	-	-	3477,~~879~~186.0512	-	-	25,407,000.00
M-2	23,888,000.00		49110,~~123~~911.8566		-	-	-	49110,~~123~~911.8566	-	-	23,888,000.00
M-3	7,600,000.00		1739,~~571~~846.0469		-	-	-	1739,~~571~~846.0469	-	-	7,600,000.00
B-1	10,424,000.00		3786,~~752~~706.6269		-	-	-	3786,~~752~~706.6269	-	-	10,424,000.00
B-2	6,515,000.00		2250,~~138~~771.5631		-	-	-	2250,~~138~~771.5631	-	-	6,515,000.00
X	8,686,640.55		24,~~147~~172,~~610~~067.1846		267.74	~~0.00~~-	267.74	24,~~147~~172,~~877~~335.9220	-	-	8,686,372.81
P	-		32119,~~029~~162.2120		-	-	-	32119,~~029~~162.2120	-	-	-
UT-R	-		-		-	-	-	-	-	-	-
Total	434,318,640.55		25,~~706~~445,~~489~~169.0531		311,~~201~~977,~~899~~654.8595	~~340~~676,~~087~~273.8045	312,~~541~~653,~~987~~928.6540	618,~~248~~099,~~476~~097.7071	-	-	~~430~~421,~~776~~664,~~652~~712.9015
	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.~~65875~~44375%	~~183~~181,~~528~~301,~~000~~162.0005			~~194~~225,~~495~~398.0789	-	-	-	~~194~~225,~~495~~398.0789	~~194~~225,~~495~~398.0789	-
A-2A	1.~~48875~~27375%	~~125~~124,~~852~~537,~~000~~118.0004			~~119~~136,~~703~~597.6133	-	-	-	~~119~~136,~~703~~597.6133	~~119~~136,~~703~~597.6133	-
A-2B	1.~~88875~~67375%	42,418,000.00			5161,~~185~~136.8642	-	-	-	5161,~~185~~136.8642	5161,~~185~~136.8642	-
M-1	21.~~14875~~93375%	25,407,000.00			3442,~~879~~307.0507	-	-	-	3442,~~879~~307.0507	3442,~~879~~307.0507	-
M-2	3.~~21875~~00375%	23,888,000.00			4961,~~123~~787.8581	-	-	-	4961,~~123~~787.8581	4961,~~123~~787.8581	-
M-3	3.~~61875~~40375%	7,600,000.00			1722,~~571~~275.0465	-	-	-	1722,~~571~~275.0465	1722,~~571~~275.0465	-
B-1	5.~~66875~~45375%	10,424,000.00			3748,~~752~~954.6207	-	-	-	3748,~~752~~954.6207	3748,~~752~~954.6207	-
B-2	5.~~31875~~10375%	6,515,000.00			2228,~~138~~632.5675	-	-	-	2228,~~138~~632.5675	2228,~~138~~632.5675	-
X		8439,~~686~~463,~~640~~025.5572			2,~~147~~024,~~610~~457.1828	-	-	-	2,~~147~~024,~~610~~457.1828	2,~~147~~024,~~610~~457.1828	-
P		-			-	-	-	-	-	3287,~~029~~132.2199	-
UT-R		-			-	-	-	-	-	-	-
Total		~~434~~861,~~318~~553,~~640~~305.5581			2,~~674~~651,~~459~~547.8427	-	-	-	2,~~674~~651,~~459~~547.8427	2,~~706~~738,~~489~~680.0526	-
							Page 3 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collection Account Report for June 20, 2003 Distribution
	Collection Account Report for July 21, 2003 Distribution
	Collection Account Report
SUMMARY						GROUP 2	GROUP 1	TOTAL
	Principal Collections					4,443,607.18	4,668,333.57	19,~~314~~111,~~981~~940.3675
	Principal Withdrawls					0.00	0.00	0.00
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					4,443,607.18	4,668,333.57	19,~~314~~111,~~981~~940.3675
	Interest Collections					1,263,783.18	1,415,356.48	12,~~269~~679,~~227~~139.0566
	Interest Withdrawals					0.00	0.00	0.00
	Interest Fees					(13,945.38)	(13,647.01)	(1127,~~451~~592.6739)
	Interest Other Accounts					0.00	87,132.99	087,132.0099
	TOTAL NET INTEREST					1,249,837.80	1,488,842.46	12,~~257~~738,~~775~~680.3826
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					5,693,444.98	6,157,176.03	211,~~572~~850,~~756~~621.7401
PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal Received					170,555.87	165,629.78	~~167~~336,~~363~~185.9965
	Curtailments					16,893.40	10,756.57	1327,~~086~~649.3497
	Prepayments in Full					4,256,157.91	4,491,947.22	18,~~127~~748,~~388~~105.2313
	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
	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					(147,052.78)	(144,103.26)	(~~143~~291,~~565~~156.2504)
	Advanced Principal					147,052.78	144,103.26	~~143~~291,~~565~~156.2504
	TOTAL PRINCIPAL COLLECTED					4,443,607.18	4,668,333.57	19,~~314~~111,~~981~~940.3675
				Page 4 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collection Account Report for June 20, 2003 Distribution
	Collection Account Report for July 21, 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					1,336,536.25	1,495,937.20	12,~~345~~832,~~026~~473.1445
	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					(44,708.21)	(50,161.12)	(794,~~288~~869.8033)
	Realized Losses of Interest					0.00	0.00	0.00
	Compensating Interest					44,708.21	50,161.12	794,~~288~~869.8033
	Relief Act Interest Shortfalls					0.00	0.00	0.00
	Substitution Shortfall Interest					0.00	0.00	0.00
	Loan Adjustment Interest					0.00	0.00	0.00
	Delinquent Interest					(1,132,480.69)	(1,293,646.84)	(12,~~180~~426,~~850~~127.1053)
	Interest Advanced					1,059,727.62	1,213,066.12	12,~~105~~272,~~051~~793.0174
	TOTAL INTEREST COLLECTED					1,263,783.18	1,415,356.48	12,~~269~~679,~~227~~139.0566
				Page 5 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collection Account Report for June 20, 2003 Distribution
	Collection Account Report for July 21, 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					0.00	87,132.99	087,132.0099
	Interest Cap Payments					0.00	0.00	0.00
	TOTAL INTEREST OTHER ACCOUNTS					0.00	87,132.99	087,132.0099
INTEREST - FEES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					13,257.30	12,899.17	1026,~~759~~156.2047
	Trustee Fee					688.08	747.84	~~692~~1,435.4792
	TOTAL INTEREST OTHER FEES					13,945.38	13,647.01	1127,~~451~~592.6739
				Page 6 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Credit Enhancement Report for June 20, 2003 Distribution
	Credit Enhancement Report for July 21, 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							8,686,372.81
	Specified Overcollateralized Amount							8,686,372.81
				Page 7 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collateral Report for June 20, 2003 Distribution
	Collateral Report for July 21, 2003 Distribution
	Collateral Report
COLLATERAL						GROUP 2	GROUP 1	TOTAL
	Loan Count:
	Original					1079	1532	2611
	Prior					-1,074	-1,520	-2,594
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(517)	(1225)	(1742)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					1,~~074~~057	1,~~520~~495	2,~~594~~552
	Principal Balance:
	Original					207,739,888.98	226,578,751.57	434,318,640.55
	Prior					-206,424,907.62	-224,351,745.28	-430,776,652.90
	Prefunding					-	-	-
	Scheduled Principal					(~~172~~170,~~723~~555.8187)	(~~167~~165,~~363~~629.9978)	(~~340~~336,~~087~~185.8065)
	Partial and Full Voluntary Prepayments					(14,~~142~~273,~~257~~051.5531)	(24,~~059~~502,~~642~~703.3079)	(38,~~201~~775,~~899~~755.8510)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					~~206~~201,~~424~~981,~~907~~300.6244	~~224~~219,~~351~~683,~~745~~411.2871	~~430~~421,~~776~~664,~~652~~712.9015
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 8 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collateral Report for June 20, 2003 Distribution
	Collateral Report for July 21, 2003 Distribution
	Collateral Report
CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original					7.769482%	8.007004%	7.893395%
	Weighted Average Coupon Prior					7.769482%	8.007004%	7.893395%
	Weighted Average Coupon Current					7.~~769482~~769622%	8.~~007004~~001385%	7.~~893395~~890326%
	Weighted Average Months to Maturity Original					~~(269)~~346	~~(711)~~352	~~(499)~~349
	Weighted Average Months to Maturity Prior					-346	-352	-349
	Weighted Average Months to Maturity Current					~~(269)~~345	~~(711)~~351	~~(499)~~348
	Weighted Avg Remaining Amortization Term Original					~~(784)~~345	~~(830)~~350	~~(808)~~348
	Weighted Avg Remaining Amortization Term Prior					-345	-350	-348
	Weighted Avg Remaining Amortization Term Current					~~(784)~~344	~~(830)~~349	~~(808)~~347
	Weighted Average Seasoning Original					6.19	7.01	6.61
	Weighted Average Seasoning Prior					-6.19	-7.01	-6.61
	Weighted Average Seasoning Current					67.1915	78.0100	67.6159
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 9 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Collateral Report for June 20, 2003 Distribution
	Collateral Report for July 21, 2003 Distribution
	Collateral Report
ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original					2.054%	5.417%
	Weighted Average Margin Prior					2.054%	5.417%
	Weighted Average Margin Current					2.~~054~~053%	5.~~417~~408%
	Weighted Average Max Rate Original					94.~~872~~600%	1312.~~498~~440%
	Weighted Average Max Rate Prior					4.600%	12.440%
	Weighted Average Max Rate Current					94.~~872~~600%	1312.~~498~~416%
	Weighted Average Min Rate Original					72.~~769~~498%	86.~~009~~951%
	Weighted Average Min Rate Prior					2.498%	6.951%
	Weighted Average Min Rate Current					72.~~769~~498%	86.~~009~~936%
	Weighted Average Cap Up Original					0.387%	1.052%
	Weighted Average Cap Up Prior					0.387%	1.052%
	Weighted Average Cap Up Current					0.387%	1.~~052~~050%
	Weighted Average Cap Down Original					0.387%	1.052%
	Weighted Average Cap Down Prior					0.387%	1.052%
	Weighted Average Cap Down Current					0.387%	1.~~052~~050%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					13,257.30	12,899.17	1026,~~759~~156.2047
	Delinquent Servicing Fees					72,753.07	80,580.73	75153,~~799~~333.0980
	TOTAL SERVICING FEES					86,010.37	93,479.90	86179,~~558~~490.2927
	Prepayment Interest Shortfall					44,708.21	50,161.12	794,~~288~~869.8033
	Compensating Interest					(44,708.21)	(50,161.12)	(794,~~288~~869.8033)
	Delinquent Servicing Fees					(72,753.07)	(80,580.73)	(75153,~~799~~333.0980)
	COLLECTED SERVICING FEES					13,257.30	12,899.17	1026,~~759~~156.2047
	Aggregate Advances with respect to this Distribution					1,206,780.40	1,357,169.38	12,~~256~~563,~~630~~949.2878
	Aggregate Outstanding Advances as reported by Servicer							0.00
ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Prepayment Interest Shortfall							94,869.33
	Compensating Interest							(94,869.33)
	NET PREPAYMENT INTEREST SHORTFALL							0.00
	Net Monthly Excess Cash Flow							2,024,457.28
	Net Monthly Excess Cash Flow alloc to Realized Losses							0.00
	Net Monthly Excess Cash Flow alloc to Unpaid Interest							0.00
	Current LIBOR							1.103750%
	Next LIBOR							1.100000%
	TR1MLB							1.100000%
	TR6MLB							1.120000%
				Page 10 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Delinquency Report for June 20, 2003 Distribution
	Delinquency Report for July 21, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			5,~~942~~559,~~078~~136.0960	12,~~442~~007,~~573~~859.6380	-1,640,025.31	79,~~384~~207,~~651~~021.7271
		% Balance			1.3832%	0.3348%	0.0039%	12.7118%
		# Loans			4447	1018	-11	5476
		% # Loans			1.7084%	0.3971%	0.0043%	2.0898%
FORECLOSURE		Balance		-82,828.27	-	-	-1,571,646.57	-1,654,474.84
		% Balance		0.02%	0.00%	0.00%	0.37%	0.39%
		# Loans		1	-	-	11	12
		% # Loans		0.04%	0.00%	0.00%	0.43%	0.47%
BANKRUPTCY		Balance		786,867.52	143,532.15	201,096.89	47,906.42	1,179,402.98
		% Balance		0.19%	0.03%	0.05%	0.01%	0.28%
		# Loans		7	2	1	1	11
		% # Loans		0.27%	0.08%	0.04%	0.04%	0.43%
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%
BANKRUPTCY		Balance		-	-	-	-	-
TOTAL		Balance		869,695.79	5,702,668.75	2,208,956.69	3,259,578.30	12,040,899.53
		% Balance		0.0021%	01.0035%	0.0052%	0.0077%	02.0086%
		# Loans		-8	-49	-19	-23	-99
		% # Loans		0.0031%	01.0092%	0.0074%	0.0090%	03.0088%
REO		Balance		-	-	1,431,864.51	258,032.66	1,689,897.17
		% Balance		0.00%	0.00%	0.33%	0.06%	0.39%
		# Loans		-	-	12	1	13
		% # Loans		0.00%	0.00%	0.46%	0.04%	0.50%
TOTAL		Balance		-	5,942,078.09	2,874,438.14	258,032.66	9,074,548.89
		% Balance		0.00%	1.38%	0.67%	0.06%	2.11%
		# Loans		-	44	22	1	67
		% # Loans		0.00%	1.70%	0.85%	0.04%	2.58%
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 11 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Delinquency Report for June 20, 2003 Distribution
	Delinquency Report for July 21, 2003 Distribution
	Delinquency Report - Group 1 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			43,~~441~~890,~~661~~252.0071	~~883~~1,~~281~~842,704.0141	-748,402.25	56,~~324~~481,~~942~~359.0137
		% Balance			1.9877%	0.3984%	0.0034%	2.3795%
		# Loans			3530	816	-7	4353
		% # Loans			2.3001%	01.5307%	0.0047%	23.8355%
FORECLOSURE		Balance		-	-	-	-1,477,550.54	-1,477,550.54
		% Balance		0.00%	0.00%	0.00%	0.67%	0.67%
		# Loans		-	-	-	9	9
		% # Loans		0.00%	0.00%	0.00%	0.60%	0.60%
BANKRUPTCY		Balance		606,133.86	98,545.52	201,096.89	47,906.42	953,682.69
		% Balance		0.28%	0.04%	0.09%	0.02%	0.43%
		# Loans		5	1	1	1	8
		% # Loans		0.33%	0.07%	0.07%	0.07%	0.54%
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%
BANKRUPTCY		Balance		-	-	-	-	-
TOTAL		Balance		606,133.86	3,988,798.23	2,043,801.30	2,273,859.21	8,912,592.60
		% Balance		0.0028%	01.0082%	0.0093%	01.0004%	04.0006%
		# Loans		-5	-31	-17	-17	-70
		% # Loans		0.0033%	02.0007%	01.0014%	01.0014%	04.0068%
REO		Balance		-	-	1,220,549.34	258,032.66	1,478,582.00
		% Balance		0.00%	0.00%	0.54%	0.12%	0.66%
		# Loans		-	-	8	1	9
		% # Loans		0.00%	0.00%	0.53%	0.07%	0.59%
TOTAL		Balance		-	4,441,661.00	2,103,830.35	258,032.66	6,803,524.01
		% Balance		0.00%	1.98%	0.94%	0.12%	3.03%
		# Loans		-	35	16	1	52
		% # Loans		0.00%	2.30%	1.05%	0.07%	3.42%
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 12 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Delinquency Report for June 20, 2003 Distribution
	Delinquency Report for July 21, 2003 Distribution
	Delinquency Report - Group 2 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			1,~~500~~668,~~417~~883.0989	~~559~~165,~~292~~155.6239	-891,623.06	2,~~059~~725,~~709~~662.7134
		% Balance			0.7383%	0.2708%	0.0044%	1.0035%
		# Loans			917	2	-4	1123
		% # Loans			01.8461%	0.19%	0.0038%	12.0218%
FORECLOSURE		Balance		-82,828.27	-	-	-94,096.03	-176,924.30
		% Balance		0.04%	0.00%	0.00%	0.05%	0.09%
		# Loans		1	-	-	2	3
		% # Loans		0.09%	0.00%	0.00%	0.19%	0.28%
BANKRUPTCY		Balance		180,733.66	44,986.63	-	-	225,720.29
		% Balance		0.09%	0.02%	0.00%	0.00%	0.11%
		# Loans		2	1	-	-	3
		% # Loans		0.19%	0.09%	0.00%	0.00%	0.28%
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%
BANKRUPTCY		Balance		-	-	-	-	-
TOTAL		Balance		263,561.93	1,713,870.52	165,155.39	985,719.09	3,128,306.93
		% Balance		0.0013%	0.0085%	0.0008%	0.0049%	01.0055%
		# Loans		-3	-18	-2	-6	-29
		% # Loans		0.0028%	01.0070%	0.0019%	0.0057%	02.0074%
REO		Balance		-	-	211,315.17	-	211,315.17
		% Balance		0.00%	0.00%	0.10%	0.00%	0.10%
		# Loans		-	-	4	-	4
		% # Loans		0.00%	0.00%	0.37%	0.00%	0.37%
TOTAL		Balance		-	1,500,417.09	770,607.79	-	2,271,024.88
		% Balance		0.00%	0.73%	0.37%	0.00%	1.10%
		# Loans		-	9	6	-	15
		% # Loans		0.00%	0.84%	0.56%	0.00%	1.40%
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 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	REO Report for June 20, 2003 Distribution
	REO Report for July 21, 2003 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 13				Loan Group 1 = Group 1 Group; REO Book Value = Not Available
Total Loan Count = 0				Loan Group 1 = Group 1 Group; REO Book Value = 000.00
Total Original Principal Balance = 1,700,398.00				Loan Group 2 = Group 2 Group; REO Book Value = Not Available
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group; REO Book Value = 000.00
Total Current Balance = 1,689,897.17
Total Current Balance = 000.00
REO Book Value = Not Available
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
698696 1		255,500.00	254,230.56	Mar-01-03	8.500%	CA - 77.42%	360	Sep-23-02
SPACE INTENTIONALLY LEFT BLANK
101133494 1		182,900.00	182,119.54	Mar-01-03	11.250%	AZ - 64.18%	360	May-28-02
101324812 1		45,000.00	44,783.40	Mar-01-03	9.250%	OR - 75.00%	360	Aug-05-02
101345981 1		161,500.00	160,592.18	Mar-01-03	8.490%	IL - 83.25%	360	Aug-14-02
101375715 1		279,200.00	277,087.45	Mar-01-03	6.990%	MN - 80.00%	360	Aug-26-02
101382935 1		101,978.00	101,502.32	Mar-01-03	9.400%	OR - 85.00%	360	Aug-28-02
101395028 1		95,920.00	95,433.00	Mar-01-03	8.990%	NE - 80.00%	360	Aug-30-02
101395184 1		260,000.00	258,032.66	Feb-01-03	6.990%	CA - 80.00%	360	Aug-30-02
101401073 1		105,600.00	104,800.89	Mar-01-03	6.990%	NV - 80.00%	360	Aug-30-02
703603 2		35,000.00	34,303.77	Mar-01-03	9.990%	MS - 49.30%	180	Sep-20-02
35984459 2		54,000.00	53,897.16	Mar-01-03	12.365%	OK - 75.00%	360	Oct-08-02
101109841 2		40,500.00	40,237.20	Mar-01-03	9.250%	GA - 68.64%	360	May-22-02
101401198 2		83,300.00	82,877.04	Mar-01-03	8.990%	WA - 85.00%	360	Aug-30-02
				Page 14 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Foreclosure Report for June 20, 2003 Distribution
	Foreclosure Report for July 21, 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 15 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Prepayment Report for June 20, 2003 Distribution
	Prepayment Report for July 21, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Paid in Full Loans					517	1225	1742
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					517	1225	1742
	Paid in Full Balance					14,~~127~~256,~~388~~157.2391	24,~~046~~491,~~555~~947.9622	38,~~173~~748,~~944~~105.1913
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					1416,~~869~~893.3240	1310,~~086~~756.3457	27,~~955~~649.6697
	Total Prepayment Amount					14,~~142~~273,~~257~~051.5531	24,~~059~~502,~~642~~703.3079	38,~~201~~775,~~899~~755.8510
	Cumulative
	Number of Paid in Full Loans					522	1237	1759
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					522	1237	1759
	Paid in Full Balance					15,~~127~~383,~~388~~546.2314	26,~~046~~538,~~555~~503.9618	311,~~173~~922,~~944~~049.1932
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					1431,~~869~~762.3272	1323,~~086~~842.3491	2755,~~955~~605.6663
	Total Prepayment Amount					15,~~142~~415,~~257~~308.5586	26,~~059~~562,~~642~~346.3009	311,~~201~~977,~~899~~654.8595
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 16 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Prepayment Report for June 20, 2003 Distribution
	Prepayment Report for July 21, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL
	SMM					02.5507%	02.9101%	02.7404%
	3 Months Avg SMM
	12 Months Avg SMM
	Avg SMM Since Cut-off					01.5531%	01.9146%	01.7439%
	CPR					622.4121%	1021.3961%	821.5090%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off					614.4168%	1016.3919%	815.5047%
	PSA					~~517~~1553.7435%	~~741~~1350.1624%	~~642~~1441.7789%
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					~~517~~1100.7431%	~~741~~1078.1640%	~~642~~1088.7753%
	Group 1
	Group 2
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 17 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Prepayment Report for June 20, 2003 Distribution
	Prepayment Report for July 21, 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 18 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Prepayment Detail Report for June 20, 2003 Distribution
	Prepayment Detail Report for July 21, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 17						Loan Group 1 = Group 1 Group
Total Loan Count = 42						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 3,192,501.00						Loan Group 2 = Group 2 Group
Total Original Principal Balance = 8,790,209.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 3,173,944.19
Total Prepayment Amount = 8,748,105.13
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
31994767 1			180,000.00	179,402.70	Jun-01-03	8.750%	CA - 90.00%	Paid Off - 360	Nov-27-02
35957133 1			267,564.00	266,402.62	Jun-30-03	8.490%	CA - 79.87%	Paid Off - 360	Oct-08-02
35998558 1			193,500.00	192,947.24	Jun-01-03	9.750%	MI - 90.00%	Paid Off - 360	Oct-29-02
36006328 1			144,000.00	143,291.36	Jun-27-03	8.380%	CA - 80.00%	Paid Off - 360	Oct-10-02
36009371 1			70,560.00	70,392.88	Jun-01-03	9.755%	IL - 90.00%	Paid Off - 360	Nov-01-02
36008233 1			74,000.00	73,745.26	Jun-17-03	9.615%	WI - 63.25%	Paid Off - 360	Oct-24-02
36035038 1			288,000.00	287,208.48	Jun-01-03	9.880%	IL - 87.27%	Paid Off - 360	Nov-06-02
36011344 1			148,000.00	147,491.86	Jun-24-03	8.865%	IL - 80.00%	Paid Off - 360	Nov-08-02
36042893 1			314,500.00	313,043.32	Jun-01-03	7.380%	KS - 85.00%	Paid Off - 360	Oct-30-02
36038206 1			130,500.00	130,245.01	Jun-10-03	12.250%	OH - 90.00%	Paid Off - 360	Oct-28-02
101265114 1			243,000.00	241,636.94	Jun-01-03	8.500%	CA - 90.00%	Paid Off - 360	Jul-17-02
36039634 1			405,800.00	404,409.50	Jun-06-03	8.875%	IL - 77.30%	Paid Off - 360	Nov-05-02
101312304 1			97,500.00	97,254.12	Jun-01-03	12.280%	RI - 65.00%	Paid Off - 360	Jul-31-02
36042471 1			288,000.00	286,962.34	Jun-12-03	8.630%	CA - 90.00%	Paid Off - 360	Nov-25-02
101326007 1			267,000.00	265,171.32	Jun-01-03	7.500%	CA - 89.90%	Paid Off - 360	Aug-05-02
36206027 1			121,500.00	121,336.07	Jun-30-03	7.990%	FL - 93.46%	Paid Off - 360	Mar-31-03
101338697 1			102,000.00	101,508.36	Jun-01-03	8.650%	ME - 78.46%	Paid Off - 360	Aug-12-02
36240521 1			377,000.00	376,597.64	Jun-05-03	9.130%	CA - 87.27%	Paid Off - 360	Apr-03-03
101349041 1			85,000.00	84,429.97	Jun-01-03	6.990%	CA - 22.08%	Paid Off - 360	Aug-15-02
36254613 1			111,350.00	111,282.77	Jun-30-03	11.780%	FL - 85.00%	Paid Off - 360	Mar-27-03
101351393 1			114,750.00	114,111.05	Jun-01-03	7.990%	CA - 85.00%	Paid Off - 360	Aug-16-02
36258663 1			102,600.00	102,453.05	Jun-16-03	9.380%	CA - 90.00%	Paid Off - 360	Mar-31-03
101385532 1			100,000.00	99,449.58	Jun-01-03	7.990%	NV - 68.97%	Paid Off - 360	Aug-28-02
36268597 1			217,000.00	216,668.08	Jun-11-03	7.365%	CA - 87.85%	Paid Off - 360	Apr-07-03
35996362 2			421,141.00	418,882.83	Jun-01-03	6.630%	CA - 73.24%	Paid Off - 360	Nov-06-02
36277572 1			104,405.00	104,249.56	Jun-30-03	7.500%	MD - 95.00%	Paid Off - 360	Mar-28-03
101356319 2			166,250.00	165,541.60	Jun-01-03	9.250%	IL - 95.00%	Paid Off - 360	Aug-30-02
36288397 1			227,940.00	227,603.42	Jun-19-03	7.630%	NJ - 60.00%	Paid Off - 360	Mar-31-03
101366003 2			91,800.00	89,239.17	Jun-01-03	8.000%	NC - 90.00%	Paid Off - 180	Aug-22-02
101177376 1			89,250.00	88,765.09	Jun-13-03	9.750%	IL - 85.00%	Paid Off - 360	Jun-12-02
101379808 2			75,000.00	73,223.54	Jun-01-03	7.990%	CA - 47.77%	Paid Off - 180	Aug-27-02
101325017 1			136,000.00	134,626.70	Jun-01-03	8.990%	MI - 80.00%	Paid Off - 360	Aug-05-02
101400927 2			382,500.00	380,501.09	Jun-01-03	8.250%	IL - 85.00%	Paid Off - 360	Aug-30-02
101330363 1			180,000.00	178,705.25	Jun-10-03	7.250%	CA - 84.51%	Paid Off - 360	Aug-07-02
101337277 1			155,550.00	154,466.56	Jun-01-03	7.990%	NJ - 85.00%	Paid Off - 360	Aug-12-02
101339323 1			110,000.00	109,282.89	Jun-18-03	7.750%	MN - 76.92%	Paid Off - 360	Aug-12-02
101342632 1			180,000.00	179,086.19	Jun-19-03	8.990%	CA - 90.00%	Paid Off - 360	Aug-13-02
101347128 1			220,500.00	219,324.32	Jun-01-03	8.750%	TN - 90.00%	Paid Off - 360	Aug-15-02
101354306 1			156,000.00	154,908.76	Jun-25-03	7.500%	NY - 69.96%	Paid Off - 360	Aug-19-02
101376234 1			164,000.00	162,980.69	Jun-03-03	7.990%	CA - 80.00%	Paid Off - 360	Aug-27-02
101382190 1			162,000.00	160,692.31	Jun-25-03	7.500%	MN - 90.00%	Paid Off - 360	Aug-28-02
101389971 1			238,000.00	236,369.92	Jun-06-03	7.500%	CA - 85.00%	Paid Off - 360	Aug-29-02
780670 2			35,000.00	34,923.13	Jun-01-03	7.600%	FL - 25.00%	Paid Off - 360	Feb-25-03
782362 2			77,500.00	76,594.37	Jun-06-03	7.990%	MN - 51.67%	Paid Off - 180	Feb-04-03
801457 2			40,000.00	39,843.06	Jun-01-03	9.850%	AL - 64.00%	Paid Off - 360	Feb-20-03
31995152 2			103,200.00	102,730.29	Jun-16-03	7.490%	TX - 80.00%	Paid Off - 360	Nov-27-02
35971084 2			325,000.00	323,404.82	Jun-18-03	7.880%	CA - 86.67%	Paid Off - 360	Nov-08-02
35989540 2			356,250.00	354,165.70	Jun-04-03	6.990%	CA - 95.00%	Paid Off - 360	Oct-24-02
36008506 2			340,000.00	337,700.57	Jun-03-03	8.375%	IL - 94.44%	Paid Off - 360	Oct-31-02
36018463 2			596,000.00	592,685.86	Jun-06-03	7.250%	NJ - 80.00%	Paid Off - 360	Oct-28-02
36043552 2			646,000.00	642,829.22	Jun-16-03	7.880%	CA - 79.26%	Paid Off - 360	Nov-05-02
36158657 2			560,000.00	558,602.89	Jun-20-03	6.990%	IL - 80.00%	Paid Off - 360	Feb-10-03
36267953 2			56,700.00	56,644.01	Jun-30-03	9.500%	OH - 90.00%	Paid Off - 360	Mar-31-03
36286110 2			44,000.00	43,968.48	Jun-30-03	11.000%	IN - 80.00%	Paid Off - 360	Apr-01-03
101124675 2			335,000.00	332,467.41	Jun-04-03	8.500%	NM - 54.92%	Paid Off - 360	May-22-02
101322741 2			129,600.00	128,708.14	Jun-10-03	7.500%	MI - 66.12%	Paid Off - 360	Aug-02-02
101347813 2			435,000.00	432,014.87	Jun-25-03	7.490%	OR - 60.00%	Paid Off - 360	Aug-15-02
101353258 2			100,000.00	99,493.32	Jun-01-03	9.000%	NJ - 76.92%	Paid Off - 360	Aug-19-02
101361236 2			100,000.00	99,381.77	Jun-03-03	8.750%	CA - 66.67%	Paid Off - 360	Aug-21-02
					Page 19 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Realized Loss Report for June 20, 2003 Distribution
	Realized Loss Report for July 21, 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 20 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Realized Loss Report for June 20, 2003 Distribution
	Realized Loss Report for July 21, 2003 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS						GROUP 2	GROUP 1	TOTAL
	MDR					0.00%	0.00%	0.00%
	3 Months Avg MDR
	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
	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
	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 21 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Realized Loss Report for June 20, 2003 Distribution
	Realized Loss Report for July 21, 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 22 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Realized Loss Detail Report for June 20, 2003 Distribution
	Realized Loss Detail Report for July 21, 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 23 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Triggers, Adj. Rate Cert. and Miscellaneous Report for June 20, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report for July 21, 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							0.00
	(2) Stated Principal Balance							421,664,712.15
	60+ Day Delq % ( quotient of (1) over (2) )							0.000000%
	Senior Enhancement Percentage							10.548754%
	45% of Sr Enhancement Percentage							4.219502%
	(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							434,318,640.55
	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							336,185.65
	2 Months Prior							340,087.80
	3 Months Prior							345,815.89
	4 Months Prior							345,535.19
	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 24 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Other Related Information for June 20, 2003 Distribution
	Other Related Information for July 21, 2003 Distribution
	Other Related Information
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal on 60+ Day Delinquent Loans
	1 Month Prior							1,978.19
	2 Months Prior							729.50
	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 25 of 26				© COPYRIGHT 2003 Deutsche Bank
	GSAMP Trust 2003-HE1
	Mortgage Pass-Through Certificates
	2003- HE1
	Additional Certificate Report for June 20, 2003 Distribution
	Additional Certificate Report for July 21, 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	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-2A	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-2B	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	M-1	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	M-2	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	M-3	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-1	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-2	0.00	0.00	0.00	0.00	0.00	0.00	0.00
				Page 26 of 26				© COPYRIGHT 2003 Deutsche Bank

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