
                                      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):  June 27, 2005
                          (Date of earliest event reported)

              GS Mortgage Securities Corporation (as Depositor under the
               Pooling and Servicing Agreement, dated as January 1, 2005,
               providing for the issuance of GSAA Home Equity Trust 2005-2
                      Asset-Backed Certificates Series 2005-2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-08                         13-3387389
          (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
     June 27, 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
                                  Corporation, Registrant


          Date:  Jun 30, 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 June 27, 2005.



GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Goldman Sachs & Co.						1. Certificate Payment Report					2
				Goldman Sachs & Co.						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					13

										7. Foreclosure Report					14
										8. Prepayment Report					15
										9. Prepayment Detail Report					18
										9. Prepayment Detail Report					18
										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
				Countrywide Funding Corporation						12. Triggers and Adj. Cert. Report					24
				Countrywide Funding Corporation						13. Other Related Information					25
										13. Other Related Information					25


				Underwriter(s)
				Goldman Sachs Mortgage Securities


										Total Number of Pages					25
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			January 01, 2005			Hang Luu
				Close Date:			January 28, 2005			Administrator
				First Distribution Date:			February 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:			June 27, 2005
										Factor Information:			(800) 735-7777
				Record Date:			May 31, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							June 24, 2005
							June 24, 2005

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






Page 1 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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)

1-A-1	SR	$	89,370,000.00		80,676,052.71		248,482.24		2,371,698.11		2,620,180.35		0.00		0.00		78,304,354.60
1-A-1	SR	$	89,370,000.00		80,676,052.71		248,482.24		2,371,698.11		2,620,180.35		0.00		0.00		78,304,354.60
1-A-2	SR	$	9,930,000.00		8,964,005.85		27,855.65		263,522.01		291,377.66		0.00		0.00		8,700,483.84
2-A-1	SR	$	188,756,000.00		157,208,389.45		465,467.84		10,415,835.51		10,881,303.35		0.00		0.00		146,792,553.94
2-A-2	SR	$	57,207,000.00		57,207,000.00		174,099.97		0.00		174,099.97		0.00		0.00		57,207,000.00
2-A-3	SR	$	48,160,000.00		48,160,000.00		151,864.53		0.00		151,864.53		0.00		0.00		48,160,000.00
M-1	SEQ/MEZ	$	17,191,000.00		17,190,999.99		55,469.63		0.00		55,469.63		0.00		0.00		17,190,999.99
M-2	SEQ/MEZ	$	15,226,000.00		15,226,000.00		49,687.51		0.00		49,687.51		0.00		0.00		15,226,000.00
M-3	SEQ/MEZ	$	8,596,000.00		8,596,000.00		28,288.00		0.00		28,288.00		0.00		0.00		8,596,000.00
M-4	SEQ/MEZ	$	8,595,000.00		8,595,000.00		29,860.46		0.00		29,860.46		0.00		0.00		8,595,000.00
M-5	SEQ/MEZ	$	8,595,000.00		8,595,000.00		30,254.40		0.00		30,254.40		0.00		0.00		8,595,000.00
M-6	SEQ/MEZ	$	7,367,000.00		7,367,000.00		26,607.15		0.00		26,607.15		0.00		0.00		7,367,000.00
B-1	SEQ/SUB	$	6,140,000.00		6,140,000.00		24,708.38		0.00		24,708.38		0.00		0.00		6,140,000.00
B-2	SEQ/SUB	$	6,140,000.00		6,140,000.00		25,552.63		0.00		25,552.63		0.00		0.00		6,140,000.00
B-3	SEQ/SUB	$	4,912,000.00		4,912,000.00		24,269.37		0.00		24,269.37		0.00		0.00		4,912,000.00
B-4	SEQ/SUB	$	6,385,000.00		6,385,000.00		26,604.17		0.00		26,604.17		0.00		0.00		6,385,000.00
X	EXE	$	8,595,810.66		8,595,401.69		916,714.18		0.00		916,714.18		0.00		0.00		8,595,401.69
P		$	0.00		0.00		209,605.02		0.00		209,605.02		0.00		0.00		0.00
R		$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			491,165,810.66		449,957,849.69		2,515,391.13		13,051,055.63		15,566,446.76		0.00		0.00		436,906,794.06
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)
1-A-1	05/25/05		06/26/05		A-Act/360		36242DTH6		89,370,000.00		902.719623		2.780376		26.537967		29.318343	876.181656
1-A-2	05/25/05		06/26/05		A-Act/360		36242DTJ2		9,930,000.00		902.719622		2.805201		26.537967		29.343168	876.181656
2-A-1	05/25/05		06/26/05		A-Act/360		36242DTK9		188,756,000.00		832.865654		2.465976		55.181480		57.647457	777.684174
2-A-2	05/25/05		06/26/05		A-Act/360		36242DTL7		57,207,000.00		1,000.000000		3.043333		0.000000		3.043333	1,000.000000
2-A-3	05/25/05		06/26/05		A-Act/360		36242DTM5		48,160,000.00		1,000.000000		3.153333		0.000000		3.153333	1,000.000000
M-1	05/25/05		06/26/05		A-Act/360		36242DTN3		17,191,000.00		999.999999		3.226667		0.000000		3.226667	999.999999
M-2	05/25/05		06/26/05		A-Act/360		36242DTP8		15,226,000.00		1,000.000000		3.263333		0.000000		3.263333	1,000.000000
M-3	05/25/05		06/26/05		A-Act/360		36242DTQ6		8,596,000.00		1,000.000000		3.290833		0.000000		3.290833	1,000.000000
M-4	05/25/05		06/26/05		A-Act/360		36242DTR4		8,595,000.00		1,000.000000		3.474166		0.000000		3.474166	1,000.000000
M-5	05/25/05		06/26/05		A-Act/360		36242DTS2		8,595,000.00		1,000.000000		3.520000		0.000000		3.520000	1,000.000000
M-6	05/25/05		06/26/05		A-Act/360		36242DTT0		7,367,000.00		1,000.000000		3.611667		0.000000		3.611667	1,000.000000
B-1	05/25/05		06/26/05		A-Act/360		36242DTU7		6,140,000.00		1,000.000000		4.024166		0.000000		4.024166	1,000.000000
B-2	05/25/05		06/26/05		A-Act/360		36242DTV5		6,140,000.00		1,000.000000		4.161666		0.000000		4.161666	1,000.000000
B-3	05/25/05		06/26/05		A-Act/360		36242DTW3		4,912,000.00		1,000.000000		4.940833		0.000000		4.940833	1,000.000000
B-4	05/25/05		06/24/05		F-30/360		36242DTX1		6,385,000.00		1,000.000000		4.166667		0.000000		4.166667	1,000.000000
X	05/25/05		06/24/05		36242DTY9		8,595,810.66		999.952422		106.646623		0.000000		106.646623		999.952422
P	05/25/05		06/24/05		36242DTZ6		0.00		0.000000		0.000000		0.000000		0.000000		0.000000
R	05/25/05		06/24/05		36242DUA9		0.00		0.000000		0.000000		0.000000		0.000000		0.000000



Page 2 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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)
1-A-1	89,370,000.00		1,109,238.76		11,065,331.02		314.38		11,065,645.40		12,174,884.16		0.00		0.00		78,304,354.60
1-A-2	9,930,000.00		124,438.47		1,229,481.23		34.93		1,229,516.16		1,353,954.63		0.00		0.00		8,700,483.84
2-A-1	188,756,000.00		2,156,133.19		41,962,076.07		1,369.99		41,963,446.06		44,119,579.25		0.00		0.00		146,792,553.94
2-A-2	57,207,000.00		732,988.53		0.00		0.00		0.00		732,988.53		0.00		0.00		57,207,000.00
2-A-3	48,160,000.00		641,150.06		0.00		0.00		0.00		641,150.06		0.00		0.00		48,160,000.00
M-1	17,191,000.00		234,592.68		0.01		0.00		0.01		234,592.69		0.00		0.00		17,190,999.99
M-2	15,226,000.00		210,315.46		0.00		0.00		0.00		210,315.46		0.00		0.00		15,226,000.00
M-3	8,596,000.00		119,810.32		0.00		0.00		0.00		119,810.32		0.00		0.00		8,596,000.00
M-4	8,595,000.00		126,958.89		0.00		0.00		0.00		126,958.89		0.00		0.00		8,595,000.00
M-5	8,595,000.00		128,749.52		0.00		0.00		0.00		128,749.52		0.00		0.00		8,595,000.00
M-6	7,367,000.00		113,424.18		0.00		0.00		0.00		113,424.18		0.00		0.00		7,367,000.00
B-1	6,140,000.00		106,045.47		0.00		0.00		0.00		106,045.47		0.00		0.00		6,140,000.00
B-2	6,140,000.00		109,882.98		0.00		0.00		0.00		109,882.98		0.00		0.00		6,140,000.00
B-3	4,912,000.00		105,303.04		0.00		0.00		0.00		105,303.04		0.00		0.00		4,912,000.00
B-4	6,385,000.00		133,020.85		0.00		0.00		0.00		133,020.85		0.00		0.00		6,385,000.00
X	8,595,810.66		5,956,579.53		0.00		0.00		408.97		5,956,988.50		0.00		0.00		8,595,401.69
P	0.00		911,523.00		0.00		0.00		0.00		911,523.00		0.00		0.00		0.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total	491,165,810.66		13,020,154.93		54,256,888.33		1,719.30		54,259,016.60		67,279,171.53		0.00		0.00		436,906,794.06


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)
1-A-1	3.36000%		80,676,052.71		248,482.24		0.00		0.00		0.00		248,482.24		248,482.24		0.00
1-A-2	3.39000%		8,964,005.85		27,855.65		0.00		0.00		0.00		27,855.65		27,855.65		0.00
2-A-1	3.23000%		157,208,389.45		465,467.84		0.00		0.00		0.00		465,467.84		465,467.84		0.00
2-A-2	3.32000%		57,207,000.00		174,099.97		0.00		0.00		0.00		174,099.97		174,099.97		0.00
2-A-3	3.44000%		48,160,000.00		151,864.53		0.00		0.00		0.00		151,864.53		151,864.53		0.00
M-1	3.52000%		17,190,999.99		55,469.63		0.00		0.00		0.00		55,469.63		55,469.63		0.00
M-2	3.56000%		15,226,000.00		49,687.51		0.00		0.00		0.00		49,687.51		49,687.51		0.00
M-3	3.59000%		8,596,000.00		28,288.00		0.00		0.00		0.00		28,288.00		28,288.00		0.00
M-4	3.79000%		8,595,000.00		29,860.46		0.00		0.00		0.00		29,860.46		29,860.46		0.00
M-5	3.84000%		8,595,000.00		30,254.40		0.00		0.00		0.00		30,254.40		30,254.40		0.00
M-6	3.94000%		7,367,000.00		26,607.15		0.00		0.00		0.00		26,607.15		26,607.15		0.00
B-1	4.39000%		6,140,000.00		24,708.38		0.00		0.00		0.00		24,708.38		24,708.38		0.00
B-2	4.54000%		6,140,000.00		25,552.63		0.00		0.00		0.00		25,552.63		25,552.63		0.00
B-3	5.39000%		4,912,000.00		24,269.37		0.00		0.00		0.00		24,269.37		24,269.37		0.00
B-4	5.00000%		6,385,000.00		26,604.17		0.00		0.00		0.00		26,604.17		26,604.17		0.00
X	127.98204%		8,595,401.69		0.00		0.00		0.00		0.00		0.00		916,714.18		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		209,605.02		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			449,957,849.69		1,389,071.93		0.00		0.00		0.00		1,389,071.93		2,515,391.13		0.00



Page 3 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										10,415,835.51		2,635,220.12		13,051,055.63
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										10,415,835.51		2,635,220.12		13,051,055.63
Interest Collections										1,741,714.97		593,303.36		2,335,018.33
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		209,605.02		209,605.02
Interest Fees										-21,906.06		-7,326.16		-29,232.22
TOTAL NET INTEREST										1,719,808.91		795,582.22		2,515,391.13
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										12,135,644.42		3,430,802.34		15,566,446.76



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											55.87		18.27		74.14
Curtailments											8,007.69		39.96		8,047.65
Prepayments In Full											10,407,771.95		2,635,161.89		13,042,933.84
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-53.96		-18.27		-72.23
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											53.96		18.27		72.23
TOTAL PRINCIPAL COLLECTED											10,415,835.51		2,635,220.12		13,051,055.63


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00





Page 4 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										#######		634,102.18		2,495,218.36
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-26,441.00		-5,941.92		-32,382.92
Delinquent Interest										-1,591,776.76		-543,647.03		-2,135,423.79
Compensating Interest										26,441.00		5,941.92		32,382.93
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										1,472,375.55		502,848.20		1,975,223.75
TOTAL INTEREST COLLECTED										1,741,714.97		593,303.36		2,335,018.33


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges										0.00		209,605.02		209,605.02
TOTAL INTEREST OTHER ACCOUNTS										0.00		209,605.02		209,605.02



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										20,451.59		6,830.81		27,282.40
Trustee Fees										1,454.47		495.35		1,949.82
TOTAL INTEREST FEES										21,906.06		7,326.16		29,232.22




Page 5 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Ending Excess Reserve Fund Account Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														8,595,401.69
Overcollateralization Target Amount														8,595,401.69
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00




Page 6 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,451		613		2,064
Prior										1,337		568		1,905
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-33		-13		-46
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										1,304		555		1,859
Principal Balance:


Original										367,194,683.20		123,971,127.46		491,165,810.66
Prior										335,646,734.52		114,311,115.17		449,957,849.69
Prefunding										0.00		0.00		0.00
Scheduled Principal										-55.87		-18.27		-74.14
Partial Prepayments										-8,007.69		-39.96		-8,047.65
Full Voluntary Prepayments										-10,407,771.95		-2,635,161.89		-13,042,933.84
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										325,230,899.01		111,675,895.05		436,906,794.06





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.61984%		6.64767%		6.62686%
Weighted Average Coupon Prior										6.64746%		6.65751%		6.65003%
Weighted Average Coupon Current										6.65384%		6.65659%		6.65454%
Weighted Average Months to Maturity Original										352		354		353
Weighted Average Months to Maturity Prior										349		351		350
Weighted Average Months to Maturity Current										349		350		349
Weighted Avg Remaining Amortization Term Original										352		354		353
Weighted Avg Remaining Amortization Term Prior										349		351		350
Weighted Avg Remaining Amortization Term Current										349		350		349
Weighted Average Seasoning Original										4.69		4.52		4.65
Weighted Average Seasoning Prior										7.69		7.47		7.63
Weighted Average Seasoning Current										8.69		8.45		8.63









Page 8 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.31398%		5.34701%		5.32232%
Weighted Average Margin Prior										5.32179%		5.36077%		5.33175%
Weighted Average Margin Current										5.32163%		5.36339%		5.33224%
Weighted Average Max Rate Original										13.60199%		13.64074%		13.61177%
Weighted Average Max Rate Prior										13.59901%		13.63578%		13.60840%
Weighted Average Max Rate Current										13.59352%		13.62842%		13.60238%
Weighted Average Min Rate Original										6.59324%		6.63310%		6.60330%
Weighted Average Min Rate Prior										6.59200%		6.62999%		6.60171%
Weighted Average Min Rate Current										6.58681%		6.62244%		6.59586%
Weighted Average Cap Up Original										1.58153%		1.54427%		1.57212%
Weighted Average Cap Up Prior										1.57325%		1.53312%		1.56300%
Weighted Average Cap Up Current										1.57307%		1.53424%		1.56321%
Weighted Average Cap Down Original										1.58153%		1.54427%		1.57212%
Weighted Average Cap Down Prior										1.57325%		1.53312%		1.56300%
Weighted Average Cap Down Current										1.57307%		1.53424%		1.56321%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										20,451.59		6,830.81		27,282.40
Delinquent Servicing Fees										119,401.21		40,798.82		160,200.03
TOTAL SERVICING FEES										139,852.81		47,629.63		187,482.44


Total Servicing Fees										139,852.81		47,629.63		187,482.44
Compensating Interest										-26,441.00		-5,941.92		-32,382.93
Delinquent Servicing Fees										-119,401.21		-40,798.82		-160,200.03
COLLECTED SERVICING FEES										-5,989.41		888.89		-5,100.52


Total Advaced Interest										1,472,375.55		502,848.20		1,975,223.75
Total Advaced Principal										53.96		18.27		72.23
Aggregate Advances with respect to this Distribution										1,472,429.51		502,866.47		1,975,295.99





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										26,441.00		5,941.92		32,382.92
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Compensating Interest										-26,441.00		-5,941.92		-32,382.93

Total Net Monthly Excess Cashflow														916,714.18
Weighted Average Net Mortgage Rate														6.149339%
Libor For Current Period														3.0900%




Page 9 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				5,863,611.90		2,653,429.49		4,350,351.68		12,867,393.07
			% Balance				1.34%		0.61%		1.00%		2.95%
			# Loans				29		10		16		55
			% # Loans				1.56%		0.54%		0.86%		2.96%
	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		95,892.03		0.00		0.00		0.00		95,892.03
			% Balance		0.02%		0.00%		0.00%		0.00%		0.02%
			# Loans		1		0		0		0		1
			% # Loans		0.05%		0.00%		0.00%		0.00%		0.05%
	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		95,892.03		5,863,611.90		2,653,429.49		4,350,351.68		12,963,285.10
			% Balance		0.02%		1.34%		0.61%		1.00%		2.97%
			# Loans		1		29		10		16		56
			% # Loans		0.05%		1.56%		0.54%		0.86%		3.01%









Page 10 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1,930,046.74		156,000.00		632,796.68		2,718,843.42
			% Balance				1.73%		0.14%		0.57%		2.43%
			# Loans				10		1		3		14
			% # Loans				1.80%		0.18%		0.54%		2.52%
	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		95,892.03		0.00		0.00		0.00		95,892.03
			% Balance		0.09%		0.00%		0.00%		0.00%		0.09%
			# Loans		1		0		0		0		1
			% # Loans		0.18%		0.00%		0.00%		0.00%		0.18%
	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		95,892.03		1,930,046.74		156,000.00		632,796.68		2,814,735.45
			% Balance		0.09%		1.73%		0.14%		0.57%		2.52%
			# Loans		1		10		1		3		15
			% # Loans		0.18%		1.80%		0.18%		0.54%		2.70%










Page 11 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,933,565.16		2,497,429.49		3,717,555.00		10,148,549.65
			% Balance				1.21%		0.77%		1.14%		3.12%
			# Loans				19		9		13		41
			% # Loans				1.46%		0.69%		1.00%		3.14%
	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		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%
	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		0.00		3,933,565.16		2,497,429.49		3,717,555.00		10,148,549.65
			% Balance		0.00%		1.21%		0.77%		1.14%		3.12%
			# Loans		0		19		9		13		41
			% # Loans		0.00%		1.46%		0.69%		1.00%		3.14%









Page 12 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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 13 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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 14 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										33		13		46
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										33		13		46
Curtailments Amount										8,007.69		39.96		8,047.65
Paid in Full Balance										10,407,771.95		2,635,161.89		13,042,933.84
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										10,415,779.64		2,635,201.85		13,050,981.49

Cumulative


Number of Paid in Full Loans										147		58		205
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										147		58		205
Paid in Full Balance										41,874,238.47		12,279,542.05		54,153,780.52
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										87,977.73		15,539.03		103,516.76
Total Prepayment Amount										41,962,216.20		12,295,081.08		54,257,297.28










Page 15 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										3.10%		2.31%		2.90%
3 Months Avg SMM										3.01%		2.59%		2.90%
12 Months Avg SMM										2.40%		2.07%		2.31%
Avg SMM Since Cut-off										2.40%		2.07%		2.31%


CPR										31.50%		24.41%		29.76%
3 Months Avg CPR										30.67%		27.02%		29.76%
12 Months Avg CPR										25.27%		22.17%		24.49%
Avg CPR Since Cut-off										25.27%		22.17%		24.49%


PSA										1,812.60%		1,443.95%		1,724.40%
3 Months Avg PSA Approximation										1,994.29%		1,810.14%		1,949.66%
12 Months Avg PSA Approximation										1,888.69%		1,710.52%		1,845.41%
Avg PSA Since Cut-off Approximation										1,888.69%		1,710.53%		1,845.41%










Page 16 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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 17 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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

1640028 2			499,999.00		499,469.00			31-May-2005		5.950%		DC - 50.00%		Paid Off - 360		01-Aug-2004
			499,999.00

1677638 2			310,000.00		309,903.63			16-May-2005		7.650%		CA - 88.57%		Paid Off - 360		01-Sep-2004
1677638 2					309,903.63			16-May-2005		7.650%		CA - 88.57%		Paid Off - 360		01-Sep-2004
1678103 2			230,000.00		229,999.16			06-May-2005		7.375%		NJ - 83.64%		Paid Off - 360		01-Sep-2004
1678103 2					229,999.16			06-May-2005		7.375%		NJ - 83.64%		Paid Off - 360		01-Sep-2004
1689666 1			340,000.00		339,811.17			19-May-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1689666 1					339,811.17			19-May-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1693876 2			342,000.00		342,000.00			31-May-2005		7.000%		CA - 90.00%		Paid Off - 360		01-Sep-2004
1693876 2					342,000.00			31-May-2005		7.000%		CA - 90.00%		Paid Off - 360		01-Sep-2004
1696261 2			607,750.00		607,583.47			23-May-2005		5.625%		CA - 85.00%		Paid Off - 300		01-Sep-2004
1696261 2					607,583.47			23-May-2005		5.625%		CA - 85.00%		Paid Off - 300		01-Sep-2004
1698225 1			248,033.00		248,014.73			17-May-2005		5.875%		CA - 80.00%		Paid Off - 300		01-Sep-2004
1698225 1					248,014.73			17-May-2005		5.875%		CA - 80.00%		Paid Off - 300		01-Sep-2004
1699450 2			256,500.00		256,500.03			17-May-2005		8.900%		TX - 95.00%		Paid Off - 360		01-Sep-2004
1699450 2					256,500.03			17-May-2005		8.900%		TX - 95.00%		Paid Off - 360		01-Sep-2004
1706554 1			75,000.00		74,996.80			06-May-2005		7.950%		CA - 75.00%		Paid Off - 360		01-Oct-2004
1706554 1					74,996.80			06-May-2005		7.950%		CA - 75.00%		Paid Off - 360		01-Oct-2004
1707796 2			207,392.00		207,392.00			20-May-2005		6.600%		CA - 85.00%		Paid Off - 360		01-Oct-2004
1707796 2					207,392.00			20-May-2005		6.600%		CA - 85.00%		Paid Off - 360		01-Oct-2004
1707851 2			169,600.00		169,570.37			05-May-2005		6.950%		MA - 80.00%		Paid Off - 360		01-Sep-2004
1707851 2					169,570.37			05-May-2005		6.950%		MA - 80.00%		Paid Off - 360		01-Sep-2004
1716355 2			270,612.00		270,609.99			02-May-2005		7.450%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1716355 2					270,609.99			02-May-2005		7.450%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1719844 1			232,000.00		232,000.00			26-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1719844 1					232,000.00			26-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1722446 2			705,500.00		705,500.00			26-May-2005		7.950%		IL - 85.00%		Paid Off - 360		01-Sep-2004
1722446 2					705,500.00			26-May-2005		7.950%		IL - 85.00%		Paid Off - 360		01-Sep-2004
1727251 1			280,500.00		280,494.19			25-May-2005		6.930%		CA - 85.00%		Paid Off - 360		01-Sep-2004
1727251 1					280,494.19			25-May-2005		6.930%		CA - 85.00%		Paid Off - 360		01-Sep-2004
1732280 1			159,355.00		159,355.00			16-May-2005		6.250%		CA - 72.60%		Paid Off - 360		01-Sep-2004
1732280 1					159,355.00			16-May-2005		6.250%		CA - 72.60%		Paid Off - 360		01-Sep-2004
1735240 2			226,000.00		226,000.00			04-May-2005		7.500%		CA - 67.46%		Paid Off - 360		01-Oct-2004
1735240 2					226,000.00			04-May-2005		7.500%		CA - 67.46%		Paid Off - 360		01-Oct-2004
1738934 1			256,490.00		256,490.00			11-May-2005		7.990%		CA - 95.00%		Paid Off - 360		01-Sep-2004
1738934 1					256,490.00			11-May-2005		7.990%		CA - 95.00%		Paid Off - 360		01-Sep-2004
1738977 2			295,200.00		295,200.00			25-May-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1738977 2					295,200.00			25-May-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1740976 2			450,000.00		450,000.00			17-May-2005		8.450%		CA - 90.00%		Paid Off - 360		01-Sep-2004
1740976 2					450,000.00			17-May-2005		8.450%		CA - 90.00%		Paid Off - 360		01-Sep-2004
1752189 2			122,800.00		122,800.00			19-May-2005		8.100%		CO - 80.00%		Paid Off - 360		01-Sep-2004
1752189 2					122,800.00			19-May-2005		8.100%		CO - 80.00%		Paid Off - 360		01-Sep-2004
1755376 1			208,000.00		208,000.00			20-May-2005		5.500%		CA - 48.60%		Paid Off - 360		01-Oct-2004
1755376 1					208,000.00			20-May-2005		5.500%		CA - 48.60%		Paid Off - 360		01-Oct-2004
1763084 2			236,000.00		236,000.00			31-May-2005		6.950%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1763084 2					236,000.00			31-May-2005		6.950%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1766753 2			242,000.00		242,000.00			12-May-2005		5.750%		CA - 65.41%		Paid Off - 360		01-Nov-2004
1766753 2					242,000.00			12-May-2005		5.750%		CA - 65.41%		Paid Off - 360		01-Nov-2004
1782764 2			126,000.00		126,000.00			10-May-2005		5.990%		OR - 80.00%		Paid Off - 360		01-Oct-2004
1782764 2					126,000.00			10-May-2005		5.990%		OR - 80.00%		Paid Off - 360		01-Oct-2004
1792754 2			185,553.00		185,553.00			09-May-2005		6.350%		CA - 91.90%		Paid Off - 360		01-Oct-2004
1792754 2					185,553.00			09-May-2005		6.350%		CA - 91.90%		Paid Off - 360		01-Oct-2004
1796867 2			285,000.00		284,999.99			10-May-2005		6.550%		CA - 79.17%		Paid Off - 360		01-Oct-2004
1796867 2					284,999.99			10-May-2005		6.550%		CA - 79.17%		Paid Off - 360		01-Oct-2004
1806767 2			328,000.00		328,000.00			03-May-2005		6.875%		CA - 78.10%		Paid Off - 300		01-Oct-2004
1806767 2					328,000.00			03-May-2005		6.875%		CA - 78.10%		Paid Off - 300		01-Oct-2004
1807610 2			298,000.00		295,274.58			27-May-2005		6.875%		HI - 75.64%		Paid Off - 300		01-Nov-2004
1807610 2					295,274.58			27-May-2005		6.875%		HI - 75.64%		Paid Off - 300		01-Nov-2004
1830794 2			245,000.00		245,000.00			10-May-2005		7.500%		MD - 73.91%		Paid Off - 360		01-Nov-2004
1830794 2					245,000.00			10-May-2005		7.500%		MD - 73.91%		Paid Off - 360		01-Nov-2004
1831960 1			80,000.00		80,000.00			31-May-2005		7.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1831960 1					80,000.00			31-May-2005		7.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1835534 1			144,000.00		144,000.00			03-May-2005		6.600%		CT - 80.00%		Paid Off - 360		01-Dec-2004
1835534 1					144,000.00			03-May-2005		6.600%		CT - 80.00%		Paid Off - 360		01-Dec-2004
1839140 2			171,000.00		171,000.00			31-May-2005		7.200%		MI - 95.00%		Paid Off - 360		01-Nov-2004
1839140 2					171,000.00			31-May-2005		7.200%		MI - 95.00%		Paid Off - 360		01-Nov-2004
1840613 2			361,000.00		360,989.90			11-May-2005		6.700%		CA - 95.00%		Paid Off - 360		01-Nov-2004
1840613 2					360,989.90			11-May-2005		6.700%		CA - 95.00%		Paid Off - 360		01-Nov-2004
1844572 2			520,000.00		519,876.50			27-May-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1844572 2					519,876.50			27-May-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1878951 2			171,000.00		171,000.06			17-May-2005		7.990%		WA - 90.00%		Paid Off - 360		01-Nov-2004
1878951 2					171,000.06			17-May-2005		7.990%		WA - 90.00%		Paid Off - 360		01-Nov-2004
1880266 2			333,701.00		333,629.16			20-May-2005		5.990%		CA - 79.64%		Paid Off - 360		01-Dec-2004
1880266 2					333,629.16					5.990%		CA - 79.64%		Paid Off - 360



Page 18 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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

1884934 1			172,000.00		172,000.00			31-May-2005		6.750%		CA - 71.67%		Paid Off - 360		01-Dec-2004
			172,000.00

1891623 1			280,000.00		280,000.00			09-May-2005		7.750%		NV - 80.00%		Paid Off - 360		01-Nov-2004
1891623 1					280,000.00			09-May-2005		7.750%		NV - 80.00%		Paid Off - 360		01-Nov-2004
1920661 2			328,500.00		328,500.00			04-May-2005		6.550%		CA - 86.45%		Paid Off - 360		01-Dec-2004
1920661 2					328,500.00			04-May-2005		6.550%		CA - 86.45%		Paid Off - 360		01-Dec-2004
1939978 1			160,000.00		160,000.00			24-May-2005		5.500%		CA - 49.84%		Paid Off - 360		01-Dec-2004
1939978 1					160,000.00			24-May-2005		5.500%		CA - 49.84%		Paid Off - 360		01-Dec-2004
1942009 2			388,000.00		387,896.25			04-May-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1942009 2					387,896.25			04-May-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1956969 2			273,600.00		273,524.87			04-May-2005		6.450%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1956969 2					273,524.87			04-May-2005		6.450%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1000016547 2			297,000.00		297,000.00			25-May-2005		7.050%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1000016547 2					297,000.00			25-May-2005		7.050%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1000055521 2			629,000.00		628,999.99			13-May-2005		6.375%		CA - 85.00%		Paid Off - 300		01-Dec-2004
1000055521 2					628,999.99			13-May-2005		6.375%		CA - 85.00%		Paid Off - 300		01-Dec-2004
1000061435 2			300,000.00		300,000.00			05-May-2005		7.350%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1000061435 2					300,000.00			05-May-2005		7.350%		CA - 80.00%		Paid Off - 360		01-Dec-2004


TOTAL			13,047,085.00		13,042,933.84
TOTAL


Page 19 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



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

Cumulative
Cumulative



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





		Class X Writedown Amount														0.00
		Class B-2 Writedown Amount														0.00
		Class B-1 Writedown Amount														0.00
		Class M-2 Writedown Amount
		Class M-1 Writedown Amount









Page 20 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 21 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 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 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Has Stepdown Condition Occurred (0=No,1=Yes)								0
						Has Trigger Event Occured (0=No,1=Yes)								0
						60+ days Delinqueny Balance								7,099,673.20
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Senior Enhancement Percentage														22.371454%




Page 24 of 25
GSAA Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

June 27, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current Scheduled Payments										1,861,172.05		634,120.45		2,495,292.50
Current Scheduled Payments 1 Month Prior										1,907,529.24		655,553.37		2,563,082.61
Current Scheduled Payments 2 Month Prior										1,975,298.93		671,064.06		2,646,362.99
Current Scheduled Payments 3 Month Prior										2,006,344.25		682,765.66		2,689,109.91
Current Scheduled Payments 4 Month Prior										2,025,903.26		686,817.37		2,712,720.63
Current Scheduled Payments 5 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 6 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 7 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 8 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 9 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 10 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 11 Month Prior										0.00		0.00		0.00


Sched. Payments for 60+Day Delinquent Loans										36,519.27		5,421.54		41,940.80
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior										21,486.97		7,520.20		29,007.17
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior										20,467.32		2,859.75		23,327.08
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior										1,600.00		0.00		1,600.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior										0.00		0.00		0.00




Page 25 of 25

GSAA Home Equity Trust 2005-2 8-K