                                    UNITED STATES
                           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):  May 25, 2005
                            (Date of earliest event reported)

            GS Mortgage Securities Corp (as Depositor under the
              Pooling and Servicing Agreement, dated as March 1, 2005,
          providing for the issuance of GSAMP Trust 2004-AR1
              Mortgage Pass-Through Certificates, Series 2005-S1)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-16                          06-1442101
          (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


         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01  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 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     May 25, 2005.

                                    Signatures

               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,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of GS Mortgage Securities Corp,
                                  Registrant


          Date:  Jun 02, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of May 25, 2005.



GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						2. Collection Account Report					4
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					11

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					20
										11. Realized Loss Detail Report					23
				Servicer(s)						11. Realized Loss Detail Report					23
				Servicer(s)						12. Triggers and Adj. Cert. Report					24
				Wilshire Credit Corp						12. Triggers and Adj. Cert. Report					24
				Wilshire Credit Corp


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					24
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			March 01, 2005			Hang Luu
				Close Date:			April 07, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6000
										hang-thai.luu@db.com
										hang-thai.luu@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			May 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			April 29, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							May 24, 2005
							May 24, 2005

										https://www.tss.db.com/invr






Page 1 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A	FLT/STEP/AF	$	187,366,000.00		178,158,698.87		473,605.21		9,871,783.41		10,345,388.62		0.00		0.00		168,286,915.46
A	FLT/STEP/AF	$	187,366,000.00		178,158,698.87		473,605.21		9,871,783.41		10,345,388.62		0.00		0.00		168,286,915.46
M-1	FLT/STEP/AF	$	21,530,000.00		21,530,000.00		62,616.42		0.00		62,616.42		0.00		0.00		21,530,000.00
M-2	FIX/STEP/AF	$	19,993,000.00		19,993,000.00		98,082.33		0.00		98,082.33		0.00		0.00		19,993,000.00
B-1	FIX/STEP/AF	$	16,917,000.00		16,917,000.00		87,517.28		0.00		87,517.28		0.00		0.00		16,917,000.00
B-2	FIX/STEP/AF	$	4,742,000.00		4,742,000.00		25,875.51		0.00		25,875.51		0.00		0.00		4,742,000.00
B-3	FIX/STEP/AF	$	5,510,000.00		5,510,000.00		30,993.75		0.00		30,993.75		0.00		0.00		5,510,000.00
X	WAC/EXE	$	257,157.56		257,157.56		0.00		0.00		0.00		0.00		1,297,367.55		1,554,525.11
X-1	FIX	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P	EXE	$	0.00		0.00		228,868.01		0.00		228,868.01		0.00		0.00		0.00
R-1	FIX/NPR	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	FIX/NPR	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00



Total			256,315,157.56		247,107,856.43		1,007,558.51		9,871,783.41		10,879,341.92		0.00		1,297,367.55		238,533,440.57
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A	04/25/05		05/24/05		A-Act/360		36242DB69		187,366,000.00		950.859275		2.527701		52.687165		55.214866	898.172109
M-1	04/25/05		05/24/05		A-Act/360		36242DB77		21,530,000.00		1,000.000000		2.908333		0.000000		2.908333	1,000.000000
M-2	04/01/05		04/30/05		F-30/360		36242DB85		19,993,000.00		1,000.000000		4.905834		0.000000		4.905834	1,000.000000
B-1	04/01/05		04/30/05		F-30/360		36242DB93		16,917,000.00		1,000.000000		5.173333		0.000000		5.173333	1,000.000000
B-2	04/01/05		04/30/05		F-30/360		36242DC27		4,742,000.00		1,000.000000		5.456666		0.000000		5.456666	1,000.000000
B-3	04/01/05		04/30/05		F-30/360		36242DC35		5,510,000.00		1,000.000000		5.625000		0.000000		5.625000	1,000.000000
X	04/01/05		04/30/05		F-30/360		36242DC43		257,157.56		1,000.000000		0.000000		0.000000		0.000000	6,045.029786
X-1	04/01/05		04/30/05		F-30/360		36242DC50		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
P	04/01/05		04/30/05		F-30/360		36242DC68		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-1	04/01/05		04/30/05		F-30/360		36242DC76		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-2	04/01/05		04/30/05		F-30/360		36242DR21		0.00		0.000000		0.000000		0.000000		0.000000	0.000000





Page 2 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

Distribution to Date -
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A	187,366,000.00		760,275.19		18,661,209.60		417,874.94		19,079,084.54		19,839,359.73		0.00		0.00		168,286,915.46
M-1	21,530,000.00		98,786.82		0.00		0.00		0.00		98,786.82		0.00		0.00		21,530,000.00
M-2	19,993,000.00		196,164.66		0.00		0.00		0.00		196,164.66		0.00		0.00		19,993,000.00
B-1	16,917,000.00		175,034.56		0.00		0.00		0.00		175,034.56		0.00		0.00		16,917,000.00
B-2	4,742,000.00		51,751.02		0.00		0.00		0.00		51,751.02		0.00		0.00		4,742,000.00
B-3	5,510,000.00		61,987.50		0.00		0.00		0.00		61,987.50		0.00		0.00		5,510,000.00
X	257,157.56		1,590,078.08		-1,268,261.34		-29,106.21		0.00		1,590,078.08		0.00		1,297,367.55		1,554,525.11
X-1	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P	0.00		451,243.13		0.00		0.00		0.00		451,243.13		0.00		0.00		0.00
R-1	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00



Total	256,315,157.56		3,385,320.96		17,392,948.26		388,768.73		19,079,084.54		22,464,405.50		0.00		1,297,367.55		238,533,440.57


Interest Detail -
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A	3.19000%		178,158,698.87		473,605.21		0.00		0.00		0.00		473,605.21		473,605.21		0.00
M-1	3.49000%		21,530,000.00		62,616.42		0.00		0.00		0.00		62,616.42		62,616.42		0.00
M-2	5.88700%		19,993,000.00		98,082.33		0.00		0.00		0.00		98,082.33		98,082.33		0.00
B-1	6.20800%		16,917,000.00		87,517.28		0.00		0.00		0.00		87,517.28		87,517.28		0.00
B-2	6.54800%		4,742,000.00		25,875.51		0.00		0.00		0.00		25,875.51		25,875.51		0.00
B-3	6.75000%		5,510,000.00		30,993.75		0.00		0.00		0.00		30,993.75		30,993.75		0.00
X	6,054.03574%		257,157.56		0.00		0.00		0.00		0.00		0.00		1,297,367.55		0.00
X-1	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		228,868.01		0.00
R-1	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00



Total			247,107,856.43		778,690.50		0.00		0.00		0.00		778,690.50		2,304,926.06		0.00



Page 3 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														8,574,415.86
Principal Withrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														8,574,415.86
Interest Collections														2,098,223.16
Interest Withdrawals														-1,269.00
Interest Other Accounts														228,868.01
Interest Fees														-20,896.11
TOTAL NET INTEREST														2,304,926.06
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														10,879,341.92



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															192,365.52
Prepayments In Full															8,263,127.01
Curtailments															118,923.33
Liquidations															0.00
Insurance Principal															0.00
Repurchased Principal Amounts															0.00
Other Principal															0.00
Total Realized Loss Of Principal															-0.00
Delinquent Principal															-160,590.67
Advanced Principal															160,590.67
TOTAL PRINCIPAL COLLECTED															8,574,415.86


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
														Total
TOTAL OTHER ACCOUNTS PRINCIPAL														0.00





Page 4 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														2,182,347.89
Liquidation Interest														0.00
Repurchased Interest														0.00
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-0.00
Prepayment Interest Shortfalls														-11,345.69
Compensating Interest														11,345.69
Delinquent Interest														-1,786,116.41
Interest Advanced														1,701,991.68
TOTAL INTEREST COLLECTED														2,098,223.16


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
Nonrecoverable Advances
Servicer Expenses														1,269.00
TOTAL INTEREST WITHDRAWALS														1,269.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														228,868.01
TOTAL INTEREST OTHER ACCOUNTS														228,868.01



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														18,836.88
Current Trustee Fees														2,059.23
TOTAL INTEREST OTHER FEES														20,896.11




Page 5 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
														Total
Excess Reserve Fund Begining Balance														0.00
Excess Reserve Fund Amount Deposited														0.00
Excess Reserve Fund Amount Withdrawn														0.00
Excess Reserve Fund Ending Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total
Overcollateralization Amount														1,554,525.11
Overcollateralization Target Amount														14,353,648.82
Overcollateralization Deficiency Amount														14,096,491.26
Overcollateralization Release Amount														0.00




Page 6 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														5,001
Prior														4,840
Prefunding														0
Scheduled Paid Offs														-2
Full Voluntary Prepayments														-146
Repurchases														-0
Liquidations														-0
Current														4,692
Principal Balance:


Original														256,315,157.56
Prior														247,107,856.43
Prefunding														0.00
Scheduled Principal														-192,365.52
Partial Prepayments														-118,923.33
Full Voluntary Prepayments														-8,263,127.01
Repurchases														-0.00
Liquidations														-0.00
Current														238,533,440.57





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														10.60096%
Weighted Average Coupon Prior														10.60096%
Weighted Average Coupon Current														10.59787%
Weighted Average Months to Maturity Original														304
Weighted Average Months to Maturity Prior														304
Weighted Average Months to Maturity Current														303
Weighted Avg Remaining Amortization Term Original														304
Weighted Avg Remaining Amortization Term Prior														304
Weighted Avg Remaining Amortization Term Current														303
Weighted Average Seasoning Original														7.25
Weighted Average Seasoning Prior														7.25
Weighted Average Seasoning Current														8.24









Page 8 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														0.00000%
Weighted Average Margin Prior														0.00000%
Weighted Average Margin Current														0.00000%
Weighted Average Max Rate Original														0.00000%
Weighted Average Max Rate Prior														0.00000%
Weighted Average Max Rate Current														0.00000%
Weighted Average Min Rate Original														0.00000%
Weighted Average Min Rate Prior														0.00000%
Weighted Average Min Rate Current														0.00000%
Weighted Average Cap Up Original														0.00000%
Weighted Average Cap Up Prior														0.00000%
Weighted Average Cap Up Current														0.00000%
Weighted Average Cap Down Original														0.00000%
Weighted Average Cap Down Prior														0.00000%
Weighted Average Cap Down Current														0.00000%




SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														18,836.88
Delinquent Servicing Fees														84,124.73
TOTAL SERVICING FEES														102,961.62


Compensating Interest														-11,345.69
Delinquent Servicing Fees														-84,124.73
COLLECTED SERVICING FEES														7,491.20


Aggregate Advances with respect to this Distribution														1,862,582.35





ADDITIONAL COLLATERAL INFORMATION
														Total
Net Prepayment Interest Shortfall														0.00

Current LIBOR Rate														3.020000%

Next LIBOR Rate														3.090000%




Page 9 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,658,674.93		1,156,363.81		0.00		3,815,038.74
			% Balance				1.11%		0.48%		0.00%		1.60%
			# Loans				50		20		0		70
			% # Loans				1.07%		0.43%		0.00%		1.49%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		959,636.70		167,996.11		69,824.17		0.00		1,197,456.98
			% Balance		0.40%		0.07%		0.03%		0.00%		0.50%
			# Loans		24		2		1		0		27
			% # Loans		0.51%		0.04%		0.02%		0.00%		0.58%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		959,636.70		2,826,671.04		1,226,187.98		0.00		5,012,495.72
			% Balance		0.40%		1.19%		0.51%		0.00%		2.10%
			# Loans		24		52		21		0		97
			% # Loans		0.51%		1.11%		0.45%		0.00%		2.07%









Page 10 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL



Page 11 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL



Page 12 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														146
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														146
Curtailments Amount														118,923.33
Paid in Full Balance														8,263,127.01
Repurchased Loans Balance														0.00
Total Prepayment Amount														8,382,050.34

Cumulative


Number of Paid in Full Loans														306
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														306
Paid in Full Balance														17,151,399.82
Repurchased Loans Balance														0.00
Curtailments Amount														241,548.44
Total Prepayment Amount														17,392,948.26










Page 13 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														3.39%
3 Months Avg SMM														3.46%
12 Months Avg SMM														3.46%
Avg SMM Since Cut-off														3.46%


CPR														33.93%
3 Months Avg CPR														34.43%
12 Months Avg CPR														34.43%
Avg CPR Since Cut-off														34.43%


PSA														2,059.22%
3 Months Avg PSA Approximation														2,223.85%
12 Months Avg PSA Approximation														2,223.85%
Avg PSA Since Cut-off Approximation														2,223.85%










Page 14 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(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) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*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) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 15 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1352569 1			28,880.00		28,347.38			21-Apr-2005		9.350%		WA - 20.00%		Paid Off - 240		01-May-2004
			28,880.00

1523172 1			80,800.00		80,376.95			30-Apr-2005		9.850%		CA - 20.00%		Paid Off - 360		01-Jun-2004
1523172 1					80,376.95			30-Apr-2005		9.850%		CA - 20.00%		Paid Off - 360		01-Jun-2004
1524388 1			70,800.00		70,259.62			20-Apr-2005		8.000%		TN - 20.00%		Paid Off - 360		01-Jun-2004
1524388 1					70,259.62			20-Apr-2005		8.000%		TN - 20.00%		Paid Off - 360		01-Jun-2004
1532892 1			48,000.00		47,301.17			27-Apr-2005		9.500%		CA - 20.00%		Paid Off - 240		01-Jul-2004
1532892 1					47,301.17			27-Apr-2005		9.500%		CA - 20.00%		Paid Off - 240		01-Jul-2004
1556997 1			64,740.00		64,459.13			30-Apr-2005		9.750%		MO - 20.00%		Paid Off - 360		01-Aug-2004
1556997 1					64,459.13			30-Apr-2005		9.750%		MO - 20.00%		Paid Off - 360		01-Aug-2004
1564483 1			25,000.00		24,703.10			15-Apr-2005		10.250%		MI - 20.00%		Paid Off - 240		01-Aug-2004
1564483 1					24,703.10			15-Apr-2005		10.250%		MI - 20.00%		Paid Off - 240		01-Aug-2004
1566078 1			33,900.00		33,471.23			20-Apr-2005		9.750%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1566078 1					33,471.23			20-Apr-2005		9.750%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1567235 1			50,850.00		50,640.23			30-Apr-2005		9.990%		CA - 15.00%		Paid Off - 360		01-Aug-2004
1567235 1					50,640.23			30-Apr-2005		9.990%		CA - 15.00%		Paid Off - 360		01-Aug-2004
1573514 1			70,407.00		70,066.19			30-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1573514 1					70,066.19			30-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1578349 1			72,000.00		71,664.11			28-Apr-2005		9.900%		NJ - 20.00%		Paid Off - 360		01-Aug-2004
1578349 1					71,664.11			28-Apr-2005		9.900%		NJ - 20.00%		Paid Off - 360		01-Aug-2004
1580230 1			44,700.00		44,152.16			30-Apr-2005		10.000%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1580230 1					44,152.16			30-Apr-2005		10.000%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1580612 1			53,600.00		53,292.96			22-Apr-2005		10.000%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1580612 1					53,292.96			22-Apr-2005		10.000%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1588880 1			52,000.00		51,781.19			30-Apr-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1588880 1					51,781.19			30-Apr-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1589714 1			32,800.00		32,434.60			29-Apr-2005		10.750%		IL - 20.00%		Paid Off - 240		01-Aug-2004
1589714 1					32,434.60			29-Apr-2005		10.750%		IL - 20.00%		Paid Off - 240		01-Aug-2004
1591629 1			41,000.00		40,464.90			30-Apr-2005		9.500%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1591629 1					40,464.90			30-Apr-2005		9.500%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1595320 1			47,000.00		46,365.37			22-Apr-2005		10.100%		CA - 20.00%		Paid Off - 240		01-Jul-2004
1595320 1					46,365.37			22-Apr-2005		10.100%		CA - 20.00%		Paid Off - 240		01-Jul-2004
1595640 1			33,000.00		32,582.56			30-Apr-2005		9.750%		NV - 20.00%		Paid Off - 240		01-Aug-2004
1595640 1					32,582.56			30-Apr-2005		9.750%		NV - 20.00%		Paid Off - 240		01-Aug-2004
1596896 1			75,000.00		74,700.39			30-Apr-2005		10.250%		NH - 20.00%		Paid Off - 360		01-Aug-2004
1596896 1					74,700.39			30-Apr-2005		10.250%		NH - 20.00%		Paid Off - 360		01-Aug-2004
1600158 1			80,600.00		80,248.69			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1600158 1					80,248.69			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Jul-2004
1601780 1			51,000.00		50,791.36			30-Apr-2005		10.750%		IL - 20.00%		Paid Off - 360		01-Jul-2004
1601780 1					50,791.36			30-Apr-2005		10.750%		IL - 20.00%		Paid Off - 360		01-Jul-2004
1602955 1			71,400.00		71,080.41			30-Apr-2005		9.600%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1602955 1					71,080.41			30-Apr-2005		9.600%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1607238 1			81,000.00		80,629.79			18-Apr-2005		9.500%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1607238 1					80,629.79			18-Apr-2005		9.500%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1609021 1			63,000.00		62,775.67			21-Apr-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1609021 1					62,775.67			21-Apr-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1614826 1			28,900.00		28,566.03			25-Apr-2005		11.400%		WA - 20.00%		Paid Off - 240		01-Aug-2004
1614826 1					28,566.03			25-Apr-2005		11.400%		WA - 20.00%		Paid Off - 240		01-Aug-2004
1616055 1			67,000.00		66,709.29			29-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1616055 1					66,709.29			29-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1619025 1			68,400.00		68,112.36			30-Apr-2005		9.900%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1619025 1					68,112.36			30-Apr-2005		9.900%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1621259 1			35,000.00		34,584.41			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1621259 1					34,584.41			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1622580 1			56,600.00		56,408.48			30-Apr-2005		11.000%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1622580 1					56,408.48			30-Apr-2005		11.000%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1625814 1			34,477.80		33,926.52			30-Apr-2005		9.900%		KY - 20.00%		Paid Off - 240		01-Jul-2004
1625814 1					33,926.52			30-Apr-2005		9.900%		KY - 20.00%		Paid Off - 240		01-Jul-2004
1628425 1			77,600.00		77,340.08			18-Apr-2005		10.400%		NJ - 20.00%		Paid Off - 360		01-Sep-2004
1628425 1					77,340.08			18-Apr-2005		10.400%		NJ - 20.00%		Paid Off - 360		01-Sep-2004
1631901 1			40,000.00		39,314.92			28-Apr-2005		9.650%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1631901 1					39,314.92			28-Apr-2005		9.650%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1637020 1			59,800.00		59,601.88			19-Apr-2005		10.450%		MA - 20.00%		Paid Off - 360		01-Sep-2004
1637020 1					59,601.88			19-Apr-2005		10.450%		MA - 20.00%		Paid Off - 360		01-Sep-2004
1638518 1			23,200.00		22,987.36			30-Apr-2005		12.250%		GA - 20.00%		Paid Off - 240		01-Aug-2004
1638518 1					22,987.36			30-Apr-2005		12.250%		GA - 20.00%		Paid Off - 240		01-Aug-2004
1641786 1			55,000.00		54,855.04			15-Apr-2005		10.875%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1641786 1					54,855.04			15-Apr-2005		10.875%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1643647 1			66,600.00		66,295.07			20-Apr-2005		9.900%		HI - 20.00%		Paid Off - 360		01-Aug-2004
1643647 1					66,295.07			20-Apr-2005		9.900%		HI - 20.00%		Paid Off - 360		01-Aug-2004
1643916 1			58,200.00		58,015.19			22-Apr-2005		10.650%		RI - 20.00%		Paid Off - 360		01-Sep-2004
1643916 1					58,015.19			22-Apr-2005		10.650%		RI - 20.00%		Paid Off - 360		01-Sep-2004
1645529 1			66,000.00		65,719.60			26-Apr-2005		9.850%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1645529 1					65,719.60					9.850%		CA - 20.00%		Paid Off - 360



Page 16 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1649554 1			80,000.00		79,680.80			30-Apr-2005		10.150%		VA - 20.00%		Paid Off - 360		01-Aug-2004
			80,000.00

1651138 1			23,400.00		23,161.88			20-Apr-2005		11.450%		AZ - 20.00%		Paid Off - 240		01-Aug-2004
1651138 1					23,161.88			20-Apr-2005		11.450%		AZ - 20.00%		Paid Off - 240		01-Aug-2004
1655850 1			89,000.00		88,764.10			30-Apr-2005		11.490%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1655850 1					88,764.10			30-Apr-2005		11.490%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1659509 1			80,000.00		79,687.47			29-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1659509 1					79,687.47			29-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1668676 1			30,398.00		30,086.64			28-Apr-2005		11.400%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1668676 1					30,086.64			28-Apr-2005		11.400%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1670334 1			67,980.00		67,752.30			30-Apr-2005		10.400%		NJ - 20.00%		Paid Off - 360		01-Sep-2004
1670334 1					67,752.30			30-Apr-2005		10.400%		NJ - 20.00%		Paid Off - 360		01-Sep-2004
1673385 1			96,000.00		95,636.67			30-Apr-2005		10.400%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1673385 1					95,636.67			30-Apr-2005		10.400%		CA - 20.00%		Paid Off - 360		01-Aug-2004
1676350 1			33,980.00		33,544.97			30-Apr-2005		9.980%		MN - 20.00%		Paid Off - 240		01-Aug-2004
1676350 1					33,544.97			30-Apr-2005		9.980%		MN - 20.00%		Paid Off - 240		01-Aug-2004
1678273 1			29,000.00		28,702.97			30-Apr-2005		11.400%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1678273 1					28,702.97			30-Apr-2005		11.400%		CA - 20.00%		Paid Off - 240		01-Aug-2004
1679643 1			29,400.00		29,108.06			26-Apr-2005		10.700%		FL - 20.00%		Paid Off - 240		01-Sep-2004
1679643 1					29,108.06			26-Apr-2005		10.700%		FL - 20.00%		Paid Off - 240		01-Sep-2004
1681167 1			47,300.00		46,796.56			27-Apr-2005		10.150%		FL - 20.00%		Paid Off - 240		01-Sep-2004
1681167 1					46,796.56			27-Apr-2005		10.150%		FL - 20.00%		Paid Off - 240		01-Sep-2004
1681503 1			73,000.00		72,649.68			22-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1681503 1					72,649.68			22-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1688260 1			31,500.00		31,100.01			30-Apr-2005		11.400%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1688260 1					31,100.01			30-Apr-2005		11.400%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1688692 1			64,000.00		63,787.95			19-Apr-2005		10.450%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1688692 1					63,787.95			19-Apr-2005		10.450%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1696967 1			37,600.00		37,250.28			30-Apr-2005		11.200%		CA - 20.00%		Paid Off - 240		01-Sep-2004
1696967 1					37,250.28			30-Apr-2005		11.200%		CA - 20.00%		Paid Off - 240		01-Sep-2004
1700451 1			29,000.00		28,737.24			30-Apr-2005		11.400%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1700451 1					28,737.24			30-Apr-2005		11.400%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1701299 1			34,990.00		34,575.10			30-Apr-2005		10.400%		WA - 20.00%		Paid Off - 240		01-Sep-2004
1701299 1					34,575.10			30-Apr-2005		10.400%		WA - 20.00%		Paid Off - 240		01-Sep-2004
1708944 1			36,000.00		35,646.98			21-Apr-2005		10.900%		MD - 20.00%		Paid Off - 240		01-Sep-2004
1708944 1					35,646.98			21-Apr-2005		10.900%		MD - 20.00%		Paid Off - 240		01-Sep-2004
1711078 1			26,394.00		25,795.28			29-Apr-2005		9.950%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1711078 1					25,795.28			29-Apr-2005		9.950%		AZ - 20.00%		Paid Off - 240		01-Sep-2004
1714687 1			55,800.00		55,632.91			30-Apr-2005		11.150%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1714687 1					55,632.91			30-Apr-2005		11.150%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1715503 1			44,000.00		43,240.11			30-Apr-2005		11.950%		IL - 20.00%		Paid Off - 180		01-Sep-2004
1715503 1					43,240.11			30-Apr-2005		11.950%		IL - 20.00%		Paid Off - 180		01-Sep-2004
1716923 1			67,653.00		67,496.33			30-Apr-2005		12.200%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1716923 1					67,496.33			30-Apr-2005		12.200%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1719267 1			55,200.00		54,623.66			21-Apr-2005		10.700%		CA - 20.00%		Paid Off - 240		01-Sep-2004
1719267 1					54,623.66			21-Apr-2005		10.700%		CA - 20.00%		Paid Off - 240		01-Sep-2004
1723375 1			75,000.00		74,795.09			26-Apr-2005		11.400%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1723375 1					74,795.09			26-Apr-2005		11.400%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1723418 1			39,400.00		39,027.58			27-Apr-2005		11.650%		MA - 20.00%		Paid Off - 240		01-Sep-2004
1723418 1					39,027.58			27-Apr-2005		11.650%		MA - 20.00%		Paid Off - 240		01-Sep-2004
1732289 1			55,500.00		55,354.77			20-Apr-2005		11.550%		CA - 15.00%		Paid Off - 360		01-Sep-2004
1732289 1					55,354.77			20-Apr-2005		11.550%		CA - 15.00%		Paid Off - 360		01-Sep-2004
1733527 1			101,800.00		101,486.92			21-Apr-2005		10.800%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1733527 1					101,486.92			21-Apr-2005		10.800%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1738100 1			37,000.00		36,715.55			21-Apr-2005		11.600%		WA - 20.00%		Paid Off - 240		01-Oct-2004
1738100 1					36,715.55			21-Apr-2005		11.600%		WA - 20.00%		Paid Off - 240		01-Oct-2004
1738667 1			88,000.00		87,717.57			20-Apr-2005		10.600%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1738667 1					87,717.57			20-Apr-2005		10.600%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1741601 1			51,000.00		50,869.11			30-Apr-2005		11.000%		NJ - 20.00%		Paid Off - 360		01-Oct-2004
1741601 1					50,869.11			30-Apr-2005		11.000%		NJ - 20.00%		Paid Off - 360		01-Oct-2004
1743793 1			51,400.00		51,243.61			30-Apr-2005		10.850%		CO - 20.00%		Paid Off - 360		01-Sep-2004
1743793 1					51,243.61			30-Apr-2005		10.850%		CO - 20.00%		Paid Off - 360		01-Sep-2004
1744683 1			82,000.00		81,753.26			20-Apr-2005		11.100%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1744683 1					81,753.26			20-Apr-2005		11.100%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1748833 1			43,800.00		43,399.00			27-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1748833 1					43,399.00			27-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1750340 1			40,000.00		39,604.22			30-Apr-2005		11.000%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1750340 1					39,604.22			30-Apr-2005		11.000%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1751484 1			60,000.00		59,844.75			30-Apr-2005		11.600%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1751484 1					59,844.75			30-Apr-2005		11.600%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1751644 1			82,000.00		81,789.59			30-Apr-2005		11.000%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1751644 1					81,789.59			30-Apr-2005		11.000%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1752796 1			66,000.00		65,857.61			30-Apr-2005		11.800%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1752796 1					65,857.61			30-Apr-2005		11.800%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1754498 1			100,600.00		100,339.71			30-Apr-2005		11.600%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1754498 1					100,339.71					11.600%		CA - 20.00%		Paid Off - 360



Page 17 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1758274 1			78,000.00		77,338.91			22-Apr-2005		10.850%		CA - 20.00%		Paid Off - 240		01-Oct-2004
			78,000.00

1758891 1			38,000.00		37,726.51			30-Apr-2005		12.100%		IL - 20.00%		Paid Off - 240		01-Oct-2004
1758891 1					37,726.51			30-Apr-2005		12.100%		IL - 20.00%		Paid Off - 240		01-Oct-2004
1760811 1			37,800.00		37,518.89			19-Apr-2005		11.850%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1760811 1					37,518.89			19-Apr-2005		11.850%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1761056 1			51,000.00		50,843.13			20-Apr-2005		10.800%		HI - 20.00%		Paid Off - 360		01-Sep-2004
1761056 1					50,843.13			20-Apr-2005		10.800%		HI - 20.00%		Paid Off - 360		01-Sep-2004
1762048 1			53,400.00		53,224.47			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1762048 1					53,224.47			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Sep-2004
1768189 1			69,000.00		68,822.53			30-Apr-2005		10.990%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1768189 1					68,822.53			30-Apr-2005		10.990%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1771138 1			31,000.00		30,743.95			25-Apr-2005		11.050%		NJ - 20.00%		Paid Off - 240		01-Oct-2004
1771138 1					30,743.95			25-Apr-2005		11.050%		NJ - 20.00%		Paid Off - 240		01-Oct-2004
1774200 1			81,800.00		81,600.63			20-Apr-2005		10.500%		NJ - 20.00%		Paid Off - 360		01-Nov-2004
1774200 1					81,600.63			20-Apr-2005		10.500%		NJ - 20.00%				01-Nov-2004
1774356 1			69,257.00		69,109.27			19-Apr-2005		11.850%		IL - 20.00%		Paid Off - 360		01-Oct-2004
1774356 1					69,109.27			19-Apr-2005		11.850%		IL - 20.00%		Paid Off - 360		01-Oct-2004
1774829 1			63,000.00		62,820.06			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1774829 1					62,820.06			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1775574 1			69,000.00		68,792.97			28-Apr-2005		11.100%		AZ - 20.00%		Paid Off - 360		01-Oct-2004
1775574 1					68,792.97			28-Apr-2005		11.100%		AZ - 20.00%		Paid Off - 360		01-Oct-2004
1781295 1			61,460.00		61,332.80			30-Apr-2005		11.990%		NY - 20.00%		Paid Off - 360		01-Oct-2004
1781295 1					61,332.80			30-Apr-2005		11.990%		NY - 20.00%		Paid Off - 360		01-Oct-2004
1781359 1			29,000.00		28,775.60			18-Apr-2005		11.550%		FL - 20.00%		Paid Off - 240		01-Oct-2004
1781359 1					28,775.60			18-Apr-2005		11.550%		FL - 20.00%		Paid Off - 240		01-Oct-2004
1781414 1			100,128.00		99,871.04			18-Apr-2005		11.000%		VA - 20.00%		Paid Off - 360		01-Oct-2004
1781414 1					99,871.04			18-Apr-2005		11.000%		VA - 20.00%		Paid Off - 360		01-Oct-2004
1783326 1			23,000.00		22,816.12			30-Apr-2005		11.300%		FL - 20.00%		Paid Off - 240		01-Oct-2004
1783326 1					22,816.12			30-Apr-2005		11.300%		FL - 20.00%		Paid Off - 240		01-Oct-2004
1783872 1			41,400.00		41,003.25			30-Apr-2005		11.350%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1783872 1					41,003.25			30-Apr-2005		11.350%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1784807 1			100,000.00		99,762.08			20-Apr-2005		11.350%		MA - 20.00%		Paid Off - 360		01-Oct-2004
1784807 1					99,762.08			20-Apr-2005		11.350%		MA - 20.00%		Paid Off - 360		01-Oct-2004
1785003 1			45,000.00		44,529.30			19-Apr-2005		10.800%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1785003 1					44,529.30			19-Apr-2005		10.800%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1785374 1			76,000.00		75,773.47			30-Apr-2005		10.300%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1785374 1					75,773.47			30-Apr-2005		10.300%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1787516 1			22,580.00		22,393.50			19-Apr-2005		11.050%		OR - 25.00%		Paid Off - 240		01-Oct-2004
1787516 1					22,393.50			19-Apr-2005		11.050%		OR - 25.00%		Paid Off - 240		01-Oct-2004
1792838 1			50,800.00		50,656.44			15-Apr-2005		10.550%		VA - 20.00%		Paid Off - 360		01-Oct-2004
1792838 1					50,656.44			15-Apr-2005		10.550%		VA - 20.00%		Paid Off - 360		01-Oct-2004
1793025 1			67,840.00		67,633.48			25-Apr-2005		10.200%		NY - 20.00%		Paid Off - 360		01-Oct-2004
1793025 1					67,633.48			25-Apr-2005		10.200%		NY - 20.00%		Paid Off - 360		01-Oct-2004
1794328 1			92,000.00		91,766.45			27-Apr-2005		11.050%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1794328 1					91,766.45			27-Apr-2005		11.050%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1797462 1			48,200.00		47,535.52			20-Apr-2005		10.600%		IL - 20.00%		Paid Off - 240		01-Oct-2004
1797462 1					47,535.52			20-Apr-2005		10.600%		IL - 20.00%		Paid Off - 240		01-Oct-2004
1800312 1			84,800.00		84,587.04			25-Apr-2005		11.100%		PA - 20.00%		Paid Off - 360		01-Oct-2004
1800312 1					84,587.04			25-Apr-2005		11.100%		PA - 20.00%		Paid Off - 360		01-Oct-2004
1804053 1			90,000.00		89,737.40			28-Apr-2005		10.400%		IL - 20.00%		Paid Off - 360		01-Oct-2004
1804053 1					89,737.40			28-Apr-2005		10.400%		IL - 20.00%		Paid Off - 360		01-Oct-2004
1806943 1			28,707.00		28,454.09			30-Apr-2005		10.550%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1806943 1					28,454.09			30-Apr-2005		10.550%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1807738 1			38,000.00		37,703.04			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1807738 1					37,703.04			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1808857 1			64,000.00		63,788.54			21-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1808857 1					63,788.54			21-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1812430 1			80,800.00		80,569.25			25-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1812430 1					80,569.25			25-Apr-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1819787 1			73,000.00		71,561.63			30-Apr-2005		10.300%		WA - 20.00%		Paid Off - 360		01-Oct-2004
1819787 1					71,561.63			30-Apr-2005		10.300%		WA - 20.00%		Paid Off - 360		01-Oct-2004
1822159 1			61,400.00		60,855.55			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1822159 1					60,855.55			30-Apr-2005		10.500%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1824481 1			74,000.00		649.41			30-Apr-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1824481 1					649.41			30-Apr-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1825778 1			48,000.00		47,529.06			30-Apr-2005		10.350%		RI - 20.00%		Paid Off - 240		01-Oct-2004
1825778 1					47,529.06			30-Apr-2005		10.350%		RI - 20.00%		Paid Off - 240		01-Oct-2004
1828394 1			30,000.00		29,795.77			30-Apr-2005		9.870%		MN - 20.00%		Paid Off - 240		01-Dec-2004
1828394 1					29,795.77			30-Apr-2005		9.870%		MN - 20.00%		Paid Off - 240		01-Dec-2004
1852223 1			110,998.00		110,718.67			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1852223 1					110,718.67			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1854711 1			60,000.00		59,849.00			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1854711 1					59,849.00			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1859794 1			34,200.00		33,678.53			27-Apr-2005		10.300%		OR - 20.00%		Paid Off - 240		01-Nov-2004
1859794 1					33,678.53					10.300%		OR - 20.00%		Paid Off - 240



Page 18 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1860276 1			104,600.00		104,333.93			21-Apr-2005		10.300%		CA - 20.00%		Paid Off - 360		01-Nov-2004
			104,600.00

1860390 1			21,980.00		21,824.09			30-Apr-2005		11.000%		WI - 20.00%		Paid Off - 240		01-Nov-2004
1860390 1					21,824.09			30-Apr-2005		11.000%		WI - 20.00%		Paid Off - 240		01-Nov-2004
1865074 1			48,800.00		48,423.51			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1865074 1					48,423.51			30-Apr-2005		10.350%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1871708 1			109,200.00		108,952.06			30-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1871708 1					108,952.06			30-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1886162 1			32,200.00		31,968.62			30-Apr-2005		10.900%		MD - 20.00%		Paid Off - 240		01-Nov-2004
1886162 1					31,968.62			30-Apr-2005		10.900%		MD - 20.00%		Paid Off - 240		01-Nov-2004
1888028 1			20,000.00		19,832.17			30-Apr-2005		11.400%		IL - 20.00%		Paid Off - 240		01-Nov-2004
1888028 1					19,832.17			30-Apr-2005		11.400%		IL - 20.00%		Paid Off - 240		01-Nov-2004
1888309 1			83,197.00		83,008.89			30-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1888309 1					83,008.89			30-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1890599 1			48,000.00		47,904.99			25-Apr-2005		10.600%		AZ - 20.00%		Paid Off - 360		01-Dec-2004
1890599 1					47,904.99			25-Apr-2005		10.600%		AZ - 20.00%		Paid Off - 360		01-Dec-2004
1892093 1			85,450.00		85,255.15			26-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1892093 1					85,255.15			26-Apr-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1895535 1			26,380.00		26,228.79			30-Apr-2005		11.850%		FL - 20.00%		Paid Off - 240		01-Dec-2004
1895535 1					26,228.79			30-Apr-2005		11.850%		FL - 20.00%		Paid Off - 240		01-Dec-2004
1908962 1			34,400.00		34,204.58			30-Apr-2005		12.050%		VA - 20.00%		Paid Off - 240		01-Dec-2004
1908962 1					34,204.58			30-Apr-2005		12.050%		VA - 20.00%		Paid Off - 240		01-Dec-2004
1910613 1			69,731.00		69,602.96			22-Apr-2005		10.950%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1910613 1					69,602.96			22-Apr-2005		10.950%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1911785 1			44,000.00		43,759.16			30-Apr-2005		11.550%		CA - 20.00%		Paid Off - 240		01-Dec-2004
1911785 1					43,759.16			30-Apr-2005		11.550%		CA - 20.00%		Paid Off - 240		01-Dec-2004
1919945 1			21,200.00		21,076.89			30-Apr-2005		11.100%		FL - 20.00%		Paid Off - 240		01-Dec-2004
1919945 1					21,076.89			30-Apr-2005		11.100%		FL - 20.00%		Paid Off - 240		01-Dec-2004
1927410 1			29,385.00		29,198.30			30-Apr-2005		10.450%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1927410 1					29,198.30			30-Apr-2005		10.450%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1927551 1			37,000.00		36,770.70			30-Apr-2005		10.600%		NM - 20.00%		Paid Off - 240		01-Dec-2004
1927551 1					36,770.70			30-Apr-2005		10.600%		NM - 20.00%		Paid Off - 240		01-Dec-2004
1930250 1			35,000.00		34,765.66			15-Apr-2005		10.000%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1930250 1					34,765.66			15-Apr-2005		10.000%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1930782 1			24,000.00		23,866.89			30-Apr-2005		11.450%		DC - 20.00%		Paid Off - 240		01-Dec-2004
1930782 1					23,866.89			30-Apr-2005		11.450%		DC - 20.00%		Paid Off - 240		01-Dec-2004
1933245 1			62,400.00		62,305.86			19-Apr-2005		11.850%		NV - 20.00%		Paid Off - 360		01-Dec-2004
1933245 1					62,305.86			19-Apr-2005		11.850%		NV - 20.00%		Paid Off - 360		01-Dec-2004
1934454 1			140,000.00		139,685.57			30-Apr-2005		10.400%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1934454 1					139,685.57			30-Apr-2005		10.400%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000000938 1			88,000.00		87,734.95			27-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000000938 1					87,734.95			27-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000002204 1			77,000.00		76,742.31			29-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000002204 1					76,742.31			29-Apr-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000005979 1			85,000.00		84,297.98			30-Apr-2005		11.050%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000005979 1					84,297.98			30-Apr-2005		11.050%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000006353 1			79,400.00		79,160.83			22-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000006353 1					79,160.83			22-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000007281 1			55,400.00		55,268.22			30-Apr-2005		11.350%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000007281 1					55,268.22			30-Apr-2005		11.350%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1000013112 1			51,000.00		50,494.48			25-Apr-2005		9.625%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000013112 1					50,494.48			25-Apr-2005		9.625%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000021737 1			22,800.00		22,635.08			21-Apr-2005		10.850%		FL - 20.00%		Paid Off - 240		01-Nov-2004
1000021737 1					22,635.08			21-Apr-2005		10.850%		FL - 20.00%		Paid Off - 240		01-Nov-2004
1000034304 1			75,000.00		74,822.12			19-Apr-2005		10.700%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000034304 1					74,822.12			19-Apr-2005		10.700%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000044026 1			27,800.00		27,604.89			15-Apr-2005		11.100%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1000044026 1					27,604.89			15-Apr-2005		11.100%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1000052070 1			41,000.00		40,725.13			30-Apr-2005		9.990%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1000052070 1					40,725.13			30-Apr-2005		9.990%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1000061738 1			75,000.00		74,840.03			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000061738 1					74,840.03			30-Apr-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000064931 1			68,308.00		68,186.62			19-Apr-2005		11.100%		NV - 20.00%		Paid Off - 360		01-Dec-2004
1000064931 1					68,186.62			19-Apr-2005		11.100%		NV - 20.00%		Paid Off - 360		01-Dec-2004
1000076250 1			137,800.00		137,496.57			30-Apr-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000076250 1					137,496.57			30-Apr-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Dec-2004


TOTAL			8,380,350.80		8,263,127.01
TOTAL


Page 19 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



															Total


Current
Current



Number of Loans Liquidated														0
Collateral Principal Realized Loss/(Gain) Amount														0.00
Collateral Interest Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00

Cumulative
Cumulative



Number of Loans Liquidated														0
Collateral Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00










Page 20 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution


DEFAULT SPEEDS



															Total



MDR														0.00%
3 Months Avg MDR														0.00%
12 Months Avg MDR														0.00%
Avg MDR Since Cut-off														0.00%


CDR														0.00%
3 Months Avg CDR														0.00%
12 Months Avg CDR														0.00%
Avg CDR Since Cut-off														0.00%


SDA														0.00%
3 Months Avg SDA Approximation														0.00%
12 Months Avg SDA Approximation														0.00%
Avg SDA Since Cut-off Approximation														0.00%


Loss Severity Approximation for Current Period														0.00%
3 Months Avg Loss Severity Approximation														0.00%
12 Months Avg Loss Severity Approximation														0.00%
Avg Loss Severity Approximation Since Cut-off														0.00%












Page 21 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution





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 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 23 of 24
GSAMP Trust 2005-S1

Asset Backed Certificates
Asset Backed Certificates
2005-S1

May 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Trigger Event in effect - a) or b) in effect (0=No ,								0
						a) Does a Delinquency Trigger Event Exists								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						Balances 60+ days includes Bankruptcy and Foreclosure								1,421,886.93
						Ending Balance								238,533,440.57
						Senior Enhancement Percentage								28.9100%
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Net Monthly Excess Cashflow														1,381,520.16
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

Basis Risk CarryForward Amount Paid														0.00
Basis Risk CarryForward Amount Unpaid														0.000






Page 24 of 24

Filing Compare · GSAMP Trust 2005-S1