
                                      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):  July 25, 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
     July 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
                                  Corporation, Registrant


          Date:  Jul 25, 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 July 25, 2005.



GSAA Trust 2005-2

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

July 25, 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					21
										11. Realized Loss Detail Report					24
				Servicer(s)						11. Realized Loss Detail Report					24
				Servicer(s)						12. Triggers and Adj. Cert. Report					25
				Countrywide Funding Corporation						12. Triggers and Adj. Cert. Report					25
				Countrywide Funding Corporation						13. Other Related Information					26
										13. Other Related Information					26


				Underwriter(s)
				Goldman Sachs Mortgage Securities


										Total Number of Pages					26
										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:			July 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			June 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							July 22, 2005
							July 22, 2005

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






Page 1 of 26
GSAA Trust 2005-2

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

July 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)

1-A-1	SR	$	89,370,000.00		78,304,354.60		218,300.88		4,131,823.27		4,350,124.15		0.00		0.00		74,172,531.33
1-A-1	SR	$	89,370,000.00		78,304,354.60		218,300.88		4,131,823.27		4,350,124.15		0.00		0.00		74,172,531.33
1-A-2	SR	$	9,930,000.00		8,700,483.84		24,458.66		459,091.47		483,550.13		0.00		0.00		8,241,392.37
2-A-1	SR	$	188,756,000.00		146,792,553.94		394,393.43		15,545,236.57		15,939,630.00		0.00		0.00		131,247,317.37
2-A-2	SR	$	57,207,000.00		57,207,000.00		157,704.83		0.00		157,704.83		0.00		0.00		57,207,000.00
2-A-3	SR	$	48,160,000.00		48,160,000.00		137,259.53		0.00		137,259.53		0.00		0.00		48,160,000.00
M-1	SEQ/MEZ	$	17,191,000.00		17,190,999.99		50,065.27		0.00		50,065.27		0.00		0.00		17,190,999.99
M-2	SEQ/MEZ	$	15,226,000.00		15,226,000.00		44,816.31		0.00		44,816.31		0.00		0.00		15,226,000.00
M-3	SEQ/MEZ	$	8,596,000.00		8,596,000.00		25,502.10		0.00		25,502.10		0.00		0.00		8,596,000.00
M-4	SEQ/MEZ	$	8,595,000.00		8,595,000.00		26,836.13		0.00		26,836.13		0.00		0.00		8,595,000.00
M-5	SEQ/MEZ	$	8,595,000.00		8,595,000.00		27,170.38		0.00		27,170.38		0.00		0.00		8,595,000.00
M-6	SEQ/MEZ	$	7,367,000.00		7,367,000.00		23,861.43		0.00		23,861.43		0.00		0.00		7,367,000.00
B-1	SEQ/SUB	$	6,140,000.00		6,140,000.00		22,036.23		0.00		22,036.23		0.00		0.00		6,140,000.00
B-2	SEQ/SUB	$	6,140,000.00		6,140,000.00		22,752.56		0.00		22,752.56		0.00		0.00		6,140,000.00
B-3	SEQ/SUB	$	4,912,000.00		4,912,000.00		21,449.43		0.00		21,449.43		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		1,015,324.96		0.00		1,015,324.96		0.00		0.00		8,595,401.69
P		$	0.00		0.00		361,021.49		0.00		361,021.49		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		436,906,794.06		2,599,557.79		20,136,151.31		22,735,709.10		0.00		0.00		416,770,642.75
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	06/27/05		07/24/05		A-Act/360		36242DTH6		89,370,000.00		876.181656		2.442664		46.232777		48.675441	829.948879
1-A-2	06/27/05		07/24/05		A-Act/360		36242DTJ2		9,930,000.00		876.181656		2.463108		46.232776		48.695884	829.948879
2-A-1	06/27/05		07/24/05		A-Act/360		36242DTK9		188,756,000.00		777.684174		2.089435		82.356251		84.445686	695.327923
2-A-2	06/27/05		07/24/05		A-Act/360		36242DTL7		57,207,000.00		1,000.000000		2.756740		0.000000		2.756740	1,000.000000
2-A-3	06/27/05		07/24/05		A-Act/360		36242DTM5		48,160,000.00		1,000.000000		2.850073		0.000000		2.850073	1,000.000000
M-1	06/27/05		07/24/05		A-Act/360		36242DTN3		17,191,000.00		999.999999		2.912295		0.000000		2.912295	999.999999
M-2	06/27/05		07/24/05		A-Act/360		36242DTP8		15,226,000.00		1,000.000000		2.943407		0.000000		2.943407	1,000.000000
M-3	06/27/05		07/24/05		A-Act/360		36242DTQ6		8,596,000.00		1,000.000000		2.966740		0.000000		2.966740	1,000.000000
M-4	06/27/05		07/24/05		A-Act/360		36242DTR4		8,595,000.00		1,000.000000		3.122296		0.000000		3.122296	1,000.000000
M-5	06/27/05		07/24/05		A-Act/360		36242DTS2		8,595,000.00		1,000.000000		3.161184		0.000000		3.161184	1,000.000000
M-6	06/27/05		07/24/05		A-Act/360		36242DTT0		7,367,000.00		1,000.000000		3.238962		0.000000		3.238962	1,000.000000
B-1	06/27/05		07/24/05		A-Act/360		36242DTU7		6,140,000.00		1,000.000000		3.588963		0.000000		3.588963	1,000.000000
B-2	06/27/05		07/24/05		A-Act/360		36242DTV5		6,140,000.00		1,000.000000		3.705629		0.000000		3.705629	1,000.000000
B-3	06/27/05		07/24/05		A-Act/360		36242DTW3		4,912,000.00		1,000.000000		4.366741		0.000000		4.366741	1,000.000000
B-4	06/25/05		07/24/05		F-30/360		36242DTX1		6,385,000.00		1,000.000000		4.166667		0.000000		4.166667	1,000.000000
X	06/25/05		07/24/05		36242DTY9		8,595,810.66		999.952422		118.118581		0.000000		118.118581		999.952422
P	06/25/05		07/24/05		36242DTZ6		0.00		0.000000		0.000000		0.000000		0.000000		0.000000
R	06/25/05		07/24/05		36242DUA9		0.00		0.000000		0.000000		0.000000		0.000000		0.000000



Page 2 of 26
GSAA Trust 2005-2

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

July 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)
1-A-1	89,370,000.00		1,327,539.64		15,197,148.39		320.28		15,197,468.67		16,525,008.31		0.00		0.00		74,172,531.33
1-A-2	9,930,000.00		148,897.13		1,688,572.04		35.59		1,688,607.63		1,837,504.76		0.00		0.00		8,241,392.37
2-A-1	188,756,000.00		2,550,526.62		57,507,290.46		1,392.17		57,508,682.63		60,059,209.25		0.00		0.00		131,247,317.37
2-A-2	57,207,000.00		890,693.36		0.00		0.00		0.00		890,693.36		0.00		0.00		57,207,000.00
2-A-3	48,160,000.00		778,409.59		0.00		0.00		0.00		778,409.59		0.00		0.00		48,160,000.00
M-1	17,191,000.00		284,657.95		0.01		0.00		0.01		284,657.96		0.00		0.00		17,190,999.99
M-2	15,226,000.00		255,131.77		0.00		0.00		0.00		255,131.77		0.00		0.00		15,226,000.00
M-3	8,596,000.00		145,312.42		0.00		0.00		0.00		145,312.42		0.00		0.00		8,596,000.00
M-4	8,595,000.00		153,795.02		0.00		0.00		0.00		153,795.02		0.00		0.00		8,595,000.00
M-5	8,595,000.00		155,919.90		0.00		0.00		0.00		155,919.90		0.00		0.00		8,595,000.00
M-6	7,367,000.00		137,285.61		0.00		0.00		0.00		137,285.61		0.00		0.00		7,367,000.00
B-1	6,140,000.00		128,081.70		0.00		0.00		0.00		128,081.70		0.00		0.00		6,140,000.00
B-2	6,140,000.00		132,635.54		0.00		0.00		0.00		132,635.54		0.00		0.00		6,140,000.00
B-3	4,912,000.00		126,752.47		0.00		0.00		0.00		126,752.47		0.00		0.00		4,912,000.00
B-4	6,385,000.00		159,625.02		0.00		0.00		0.00		159,625.02		0.00		0.00		6,385,000.00
X	8,595,810.66		6,971,904.49		0.00		0.00		408.97		6,972,313.46		0.00		0.00		8,595,401.69
P	0.00		1,272,544.49		0.00		0.00		0.00		1,272,544.49		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		15,619,712.72		74,393,010.90		1,748.04		74,395,167.91		90,014,880.63		0.00		0.00		416,770,642.75


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	3.58438%		78,304,354.60		218,300.88		0.00		0.00		0.00		218,300.88		218,300.88		0.00
1-A-2	3.61438%		8,700,483.84		24,458.66		0.00		0.00		0.00		24,458.66		24,458.66		0.00
2-A-1	3.45438%		146,792,553.94		394,393.43		0.00		0.00		0.00		394,393.43		394,393.43		0.00
2-A-2	3.54438%		57,207,000.00		157,704.83		0.00		0.00		0.00		157,704.83		157,704.83		0.00
2-A-3	3.66438%		48,160,000.00		137,259.53		0.00		0.00		0.00		137,259.53		137,259.53		0.00
M-1	3.74438%		17,190,999.99		50,065.27		0.00		0.00		0.00		50,065.27		50,065.27		0.00
M-2	3.78438%		15,226,000.00		44,816.31		0.00		0.00		0.00		44,816.31		44,816.31		0.00
M-3	3.81438%		8,596,000.00		25,502.10		0.00		0.00		0.00		25,502.10		25,502.10		0.00
M-4	4.01438%		8,595,000.00		26,836.13		0.00		0.00		0.00		26,836.13		26,836.13		0.00
M-5	4.06438%		8,595,000.00		27,170.38		0.00		0.00		0.00		27,170.38		27,170.38		0.00
M-6	4.16438%		7,367,000.00		23,861.43		0.00		0.00		0.00		23,861.43		23,861.43		0.00
B-1	4.61438%		6,140,000.00		22,036.23		0.00		0.00		0.00		22,036.23		22,036.23		0.00
B-2	4.76438%		6,140,000.00		22,752.56		0.00		0.00		0.00		22,752.56		22,752.56		0.00
B-3	5.61438%		4,912,000.00		21,449.43		0.00		0.00		0.00		21,449.43		21,449.43		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	141.74904%		8,595,401.69		0.00		0.00		0.00		0.00		0.00		1,015,324.96		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		361,021.49		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			436,906,794.06		1,223,211.34		0.00		0.00		0.00		1,223,211.34		2,599,557.79		0.00



Page 3 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										15,545,236.57		4,590,914.74		20,136,151.31
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										15,545,236.57		4,590,914.74		20,136,151.31
Interest Collections										1,689,457.35		580,371.29		2,269,828.64
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										278,801.36		82,220.13		361,021.49
Interest Fees										-23,414.64		-7,877.70		-31,292.34
TOTAL NET INTEREST										1,944,844.07		654,713.72		2,599,557.79
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										17,490,080.64		5,245,628.46		22,735,709.10



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											27.88		0.86		28.74
Curtailments											5,836.06		2,955.67		8,791.73
Prepayments In Full											15,539,372.63		4,587,958.21		20,127,330.84
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											-12.02		-0.86		-12.88
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											12.02		0.86		12.88
TOTAL PRINCIPAL COLLECTED											15,545,236.57		4,590,914.74		20,136,151.31


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 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										#######		619,509.14		2,422,474.06
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										-39,577.40		-15,553.24		-55,130.64
Delinquent Interest										-1,512,684.64		-522,768.19		-2,035,452.83
Compensating Interest										39,577.40		15,553.24		55,130.64
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										1,399,177.08		483,630.33		1,882,807.41
TOTAL INTEREST COLLECTED										1,689,457.35		580,371.29		2,269,828.64


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										278,801.36		82,220.13		361,021.49
TOTAL INTEREST OTHER ACCOUNTS										278,801.36		82,220.13		361,021.49



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										22,005.31		7,393.77		29,399.08
Trustee Fees										1,409.33		483.93		1,893.26
TOTAL INTEREST FEES										23,414.64		7,877.70		31,292.34




Page 5 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Basis Risk CarryOver Deposit														0.00
Basis Risk CarryOver Amount Paid														0.00
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 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,451		613		2,064
Prior										1,304		555		1,859
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-57		-19		-76
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										1,247		536		1,783
Principal Balance:


Original										367,194,683.20		123,971,127.46		491,165,810.66
Prior										325,230,899.01		111,675,895.05		436,906,794.06
Prefunding										0.00		0.00		0.00
Scheduled Principal										-27.88		-0.86		-28.74
Partial Prepayments										-5,836.06		-2,955.67		-8,791.73
Full Voluntary Prepayments										-15,539,372.63		-4,587,958.21		-20,127,330.84
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										309,685,662.44		107,084,980.31		416,770,642.75





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.61984%		6.64767%		6.62686%
Weighted Average Coupon Prior										6.65384%		6.65659%		6.65454%
Weighted Average Coupon Current										6.65237%		6.65686%		6.65352%
Weighted Average Months to Maturity Original										352		354		353
Weighted Average Months to Maturity Prior										349		350		349
Weighted Average Months to Maturity Current										348		349		348
Weighted Avg Remaining Amortization Term Original										352		354		353
Weighted Avg Remaining Amortization Term Prior										349		350		349
Weighted Avg Remaining Amortization Term Current										348		349		348
Weighted Average Seasoning Original										4.69		4.52		4.65
Weighted Average Seasoning Prior										8.69		8.45		8.63
Weighted Average Seasoning Current										9.70		9.45		9.63









Page 8 of 26
GSAA Trust 2005-2

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

July 25, 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										5.32163%		5.36339%		5.33224%
Weighted Average Margin Current										5.33046%		5.36510%		5.33932%
Weighted Average Max Rate Original										13.60199%		13.64074%		13.61177%
Weighted Average Max Rate Prior										13.59352%		13.62842%		13.60238%
Weighted Average Max Rate Current										13.59197%		13.62732%		13.60101%
Weighted Average Min Rate Original										6.59324%		6.63310%		6.60330%
Weighted Average Min Rate Prior										6.58681%		6.62244%		6.59586%
Weighted Average Min Rate Current										6.58477%		6.62280%		6.59449%
Weighted Average Cap Up Original										1.58153%		1.54427%		1.57212%
Weighted Average Cap Up Prior										1.57307%		1.53424%		1.56321%
Weighted Average Cap Up Current										1.56683%		1.53171%		1.55785%
Weighted Average Cap Down Original										1.58153%		1.54427%		1.57212%
Weighted Average Cap Down Prior										1.57307%		1.53424%		1.56321%
Weighted Average Cap Down Current										1.56683%		1.53171%		1.55785%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										22,005.31		7,393.77		29,399.08
Delinquent Servicing Fees										113,507.56		39,137.86		152,645.42
TOTAL SERVICING FEES										135,512.88		46,531.62		182,044.50


Total Servicing Fees										135,512.88		46,531.62		182,044.50
Compensating Interest										-39,577.40		-15,553.24		-55,130.64
Delinquent Servicing Fees										-113,507.56		-39,137.86		-152,645.42
COLLECTED SERVICING FEES										-17,572.09		-8,159.47		-25,731.56


Total Advaced Interest										1,399,177.08		483,630.33		1,882,807.41
Total Advaced Principal										12.02		0.86		12.88
Aggregate Advances with respect to this Distribution										1,399,189.10		483,631.19		1,882,820.29





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										39,577.40		15,553.24		55,130.64
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Compensating Interest										-39,577.40		-15,553.24		-55,130.64

Total Net Monthly Excess Cashflow														1,015,324.96
Weighted Average Net Mortgage Rate														6.148322%
Libor For Current Period														3.3144%




Page 9 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				9,605,317.46		2,235,882.53		74,250.00		11,915,449.99
			% Balance				2.30%		0.54%		0.02%		2.86%
			# Loans				38		13		1		52
			% # Loans				2.13%		0.73%		0.06%		2.92%
	FORECLOSURE		Balance		240,000.00		0.00		0.00		5,248,730.50		5,488,730.50
			% Balance		0.06%		0.00%		0.00%		1.26%		1.32%
			# Loans		1		0		0		19		20
			% # Loans		0.06%		0.00%		0.00%		1.07%		1.12%
	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		0.06%		0.00%		0.00%		0.00%		0.06%
	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		335,892.03		9,605,317.46		2,235,882.53		5,322,980.50		17,500,072.52
			% Balance		0.08%		2.30%		0.54%		1.28%		4.20%
			# Loans		2		38		13		20		73
			% # Loans		0.11%		2.13%		0.73%		1.12%		4.09%









Page 10 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,210,900.90		646,309.84		0.00		2,857,210.74
			% Balance				2.06%		0.60%		0.00%		2.67%
			# Loans				10		4		0		14
			% # Loans				1.87%		0.75%		0.00%		2.61%
	FORECLOSURE		Balance		0.00		0.00		0.00		788,796.44		788,796.44
			% Balance		0.00%		0.00%		0.00%		0.74%		0.74%
			# Loans		0		0		0		4		4
			% # Loans		0.00%		0.00%		0.00%		0.75%		0.75%
	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		0.19%		0.00%		0.00%		0.00%		0.19%
	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		2,210,900.90		646,309.84		788,796.44		3,741,899.21
			% Balance		0.09%		2.06%		0.60%		0.74%		3.49%
			# Loans		1		10		4		4		19
			% # Loans		0.19%		1.87%		0.75%		0.75%		3.54%










Page 11 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				7,394,416.56		1,589,572.69		74,250.00		9,058,239.25
			% Balance				2.39%		0.51%		0.02%		2.92%
			# Loans				28		9		1		38
			% # Loans				2.25%		0.72%		0.08%		3.05%
	FORECLOSURE		Balance		240,000.00		0.00		0.00		4,459,934.06		4,699,934.06
			% Balance		0.08%		0.00%		0.00%		1.44%		1.52%
			# Loans		1		0		0		15		16
			% # Loans		0.08%		0.00%		0.00%		1.20%		1.28%
	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		240,000.00		7,394,416.56		1,589,572.69		4,534,184.06		13,758,173.31
			% Balance		0.08%		2.39%		0.51%		1.46%		4.44%
			# Loans		1		28		9		16		54
			% # Loans		0.08%		2.25%		0.72%		1.28%		4.33%









Page 12 of 26
GSAA Trust 2005-2

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

July 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 13 of 26
GSAA Trust 2005-2

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

July 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
1717920 1
1717920 1			137,700.00		137,699.99		01-Dec-2004		8.650%		OR - 90.00%		360		01-Oct-2004

1802582 1			156,000.00		156,000.00		01-Feb-2005		6.700%		MN - 80.00%		360		01-Oct-2004
1818314 1			347,139.00		347,139.00		01-Jan-2005		7.575%		CO - 90.00%		360		01-Oct-2004
1894032 1			148,000.00		147,957.45		01-Jan-2005		6.675%		CO - 80.00%		360		01-Dec-2004
1566160 2			364,000.00		364,000.00		01-Jan-2005		6.700%		CA - 80.00%		360		01-Oct-2004
1660886 2			498,525.00		498,525.00		01-Jan-2005		6.975%		TX - 85.00%		360		01-Sep-2004
1673895 2			344,000.00		344,000.00		01-Oct-2004		7.250%		CA - 80.00%		360		01-Sep-2004
1697955 2			319,500.00		319,429.10		01-Feb-2005		7.500%		CA - 90.00%		360		01-Aug-2004
1702069 2			368,000.00		368,000.00		01-Feb-2005		7.450%		NV - 80.00%		360		01-Oct-2004
1755377 2			263,500.00		263,500.00		01-Jan-2005		6.400%		NV - 85.00%		360		01-Oct-2004
1764920 2			439,200.00		439,200.00		01-Nov-2004		6.950%		CA - 80.00%		360		01-Oct-2004
1771680 2			160,000.00		160,000.00		01-Nov-2004		7.200%		WA - 80.00%		360		01-Oct-2004
1793882 2			315,920.00		315,920.00		01-Dec-2004		6.575%		CA - 80.00%		360		01-Oct-2004
1804278 2			240,000.00		240,000.00		01-Feb-2005		6.900%		HI - 80.00%		360		01-Oct-2004
1829849 2			145,200.00		145,200.00		01-Feb-2005		7.250%		MA - 80.00%		360		01-Nov-2004
1832023 2			196,000.00		196,000.00		01-Nov-2004		6.050%		NV - 80.00%		360		01-Oct-2004
1910724 2			207,200.00		207,200.00		01-Dec-2004		6.875%		CA - 80.00%		360		01-Dec-2004
1921255 2			240,000.00		240,000.00		01-Jun-2005		8.000%		CA - 80.00%		360		01-Dec-2004
1936511 2			254,960.00		254,960.00		01-Nov-2004		7.850%		TX - 80.00%		360		01-Dec-2004
1000022521 2			344,000.00		343,999.96		01-Feb-2005		6.950%		CA - 80.00%		360		01-Nov-2004


TOTAL			5,488,844.00		5,488,730.50


Page 14 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										57		19		76
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										57		19		76
Curtailments Amount										5,836.06		2,955.67		8,791.73
Paid in Full Balance										15,539,372.63		4,587,958.21		20,127,330.84
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										15,545,208.69		#######		20,136,122.57

Cumulative


Number of Paid in Full Loans										204		77		281
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										204		77		281
Paid in Full Balance										57,413,611.10		16,867,500.26		74,281,111.36
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										93,813.79		18,494.70		112,308.49
Total Prepayment Amount										57,507,424.89		16,885,994.96		74,393,419.85










Page 15 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										4.78%		4.11%		4.61%
3 Months Avg SMM										3.47%		3.23%		3.41%
12 Months Avg SMM										2.80%		2.41%		2.70%
Avg SMM Since Cut-off										2.80%		2.41%		2.70%


CPR										44.44%		39.57%		43.23%
3 Months Avg CPR										34.58%		32.54%		34.06%
12 Months Avg CPR										28.87%		25.39%		28.00%
Avg CPR Since Cut-off										28.87%		25.39%		28.00%


PSA										2,291.79%		2,094.65%		2,244.29%
3 Months Avg PSA Approximation										1,989.17%		1,924.32%		1,973.20%
12 Months Avg PSA Approximation										2,007.61%		1,819.74%		1,961.96%
Avg PSA Since Cut-off Approximation										2,007.61%		1,819.75%		1,961.96%










Page 16 of 26
GSAA Trust 2005-2

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

July 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 17 of 26
GSAA Trust 2005-2

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

July 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

1657215 2			428,000.00		427,875.00			10-Jun-2005		6.300%		CA - 80.00%		Paid Off - 360		01-Oct-2004
			428,000.00

1673569 2			148,500.00		148,500.00			08-Jun-2005		7.200%		FL - 90.00%		Paid Off - 360		01-Aug-2004
1673569 2					148,500.00			08-Jun-2005		7.200%		FL - 90.00%		Paid Off - 360		01-Aug-2004
1673600 2			360,000.00		359,954.66			13-Jun-2005		6.250%		CA - 80.00%		Paid Off - 300		01-Aug-2004
1673600 2					359,954.66			13-Jun-2005		6.250%		CA - 80.00%		Paid Off - 300		01-Aug-2004
1673693 1			296,225.00		296,221.91			10-Jun-2005		6.000%		CA - 85.00%		Paid Off - 300		01-Sep-2004
1673693 1					296,221.91			10-Jun-2005		6.000%		CA - 85.00%		Paid Off - 300		01-Sep-2004
1678843 1			224,000.00		223,959.93			01-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1678843 1					223,959.93			01-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1681187 2			386,400.00		386,400.00			24-Jun-2005		6.250%		CA - 80.00%		Paid Off - 300		01-Sep-2004
1681187 2					386,400.00			24-Jun-2005		6.250%		CA - 80.00%		Paid Off - 300		01-Sep-2004
1682430 2			357,000.00		350,527.68			30-Jun-2005		6.250%		CA - 85.00%		Paid Off - 300		01-Aug-2004
1682430 2					350,527.68			30-Jun-2005		6.250%		CA - 85.00%		Paid Off - 300		01-Aug-2004
1684436 1			298,400.00		298,400.00			21-Jun-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Aug-2004
1684436 1					298,400.00			21-Jun-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Aug-2004
1693576 1			260,000.00		260,000.00			14-Jun-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1693576 1					260,000.00			14-Jun-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1694074 2			450,000.00		450,000.00			13-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1694074 2					450,000.00			13-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1694937 2			352,000.00		351,693.53			30-Jun-2005		5.750%		CO - 80.00%		Paid Off - 300		01-Sep-2004
1694937 2					351,693.53			30-Jun-2005		5.750%		CO - 80.00%		Paid Off - 300		01-Sep-2004
1696530 2			208,000.00		208,000.00			23-Jun-2005		6.700%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1696530 2					208,000.00			23-Jun-2005		6.700%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1698494 2			169,955.00		169,955.00			24-Jun-2005		7.900%		CA - 95.00%		Paid Off - 360		01-Sep-2004
1698494 2					169,955.00			24-Jun-2005		7.900%		CA - 95.00%		Paid Off - 360		01-Sep-2004
1701305 2			316,000.00		316,000.00			30-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Aug-2004
1701305 2					316,000.00			30-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Aug-2004
1703030 1			216,000.00		216,000.00			27-Jun-2005		6.125%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1703030 1					216,000.00			27-Jun-2005		6.125%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1710986 2			288,000.00		288,000.00			27-Jun-2005		6.540%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1710986 2					288,000.00			27-Jun-2005		6.540%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1716693 1			104,050.00		104,050.00			13-Jun-2005		6.770%		FL - 80.00%		Paid Off - 360		01-Sep-2004
1716693 1					104,050.00			13-Jun-2005		6.770%		FL - 80.00%		Paid Off - 360		01-Sep-2004
1725855 1			300,000.00		300,000.00			01-Jun-2005		7.200%		CA - 71.43%		Paid Off - 360		01-Sep-2004
1725855 1					300,000.00			01-Jun-2005		7.200%		CA - 71.43%		Paid Off - 360		01-Sep-2004
1736424 1			252,000.00		252,000.00			09-Jun-2005		6.700%		VA - 80.00%		Paid Off - 360		01-Sep-2004
1736424 1					252,000.00			09-Jun-2005		6.700%		VA - 80.00%		Paid Off - 360		01-Sep-2004
1739629 2			360,000.00		360,000.00			07-Jun-2005		7.775%		VA - 90.00%		Paid Off - 360		01-Oct-2004
1739629 2					360,000.00			07-Jun-2005		7.775%		VA - 90.00%		Paid Off - 360		01-Oct-2004
1740706 2			139,200.00		139,198.40			29-Jun-2005		7.450%		OR - 80.00%		Paid Off - 360		01-Sep-2004
1740706 2					139,198.40			29-Jun-2005		7.450%		OR - 80.00%		Paid Off - 360		01-Sep-2004
1744411 2			118,000.00		117,999.99			07-Jun-2005		6.950%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1744411 2					117,999.99			07-Jun-2005		6.950%		CA - 80.00%		Paid Off - 360		01-Sep-2004
1749967 2			217,000.00		217,000.00			20-Jun-2005		5.900%		CA - 83.46%		Paid Off - 360		01-Sep-2004
1749967 2					217,000.00			20-Jun-2005		5.900%		CA - 83.46%		Paid Off - 360		01-Sep-2004
1754409 2			335,000.00		334,996.27			16-Jun-2005		6.750%		CA - 84.81%		Paid Off - 360		01-Oct-2004
1754409 2					334,996.27			16-Jun-2005		6.750%		CA - 84.81%		Paid Off - 360		01-Oct-2004
1761169 2			343,200.00		343,200.00			21-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1761169 2					343,200.00			21-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1761617 2			239,920.00		239,920.00			27-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1761617 2					239,920.00			27-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1767672 2			212,580.00		212,440.92			27-Jun-2005		7.800%		NV - 80.00%		Paid Off - 360		01-Oct-2004
1767672 2					212,440.92			27-Jun-2005		7.800%		NV - 80.00%		Paid Off - 360		01-Oct-2004
1772782 2			178,110.00		178,110.00			17-Jun-2005		6.500%		FL - 90.00%		Paid Off - 300		01-Dec-2004
1772782 2					178,110.00			17-Jun-2005		6.500%		FL - 90.00%		Paid Off - 300		01-Dec-2004
1783657 2			360,000.00		359,883.97			07-Jun-2005		6.500%		CA - 78.26%		Paid Off - 300		01-Oct-2004
1783657 2					359,883.97			07-Jun-2005		6.500%		CA - 78.26%		Paid Off - 300		01-Oct-2004
1785815 2			240,000.00		240,000.00			21-Jun-2005		6.550%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1785815 2					240,000.00			21-Jun-2005		6.550%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1790893 2			134,800.00		134,797.86			28-Jun-2005		6.925%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1790893 2					134,797.86			28-Jun-2005		6.925%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1791791 2			194,750.00		194,750.00			28-Jun-2005		7.150%		CA - 95.00%		Paid Off - 360		01-Oct-2004
1791791 2					194,750.00			28-Jun-2005		7.150%		CA - 95.00%		Paid Off - 360		01-Oct-2004
1795462 2			276,300.00		276,259.29			14-Jun-2005		7.950%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1795462 2					276,259.29			14-Jun-2005		7.950%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1795945 2			163,200.00		163,199.48			03-Jun-2005		6.650%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1795945 2					163,199.48			03-Jun-2005		6.650%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1809897 2			295,200.00		294,568.67			13-Jun-2005		6.900%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1809897 2					294,568.67			13-Jun-2005		6.900%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1811137 2			118,800.00		118,799.63			27-Jun-2005		8.050%		AZ - 90.00%		Paid Off - 360		01-Oct-2004
1811137 2					118,799.63			27-Jun-2005		8.050%		AZ - 90.00%		Paid Off - 360		01-Oct-2004
1827005 1			176,000.00		175,507.61			16-Jun-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1827005 1					175,507.61					6.600%		CA - 80.00%		Paid Off - 360


Page 18 of 26
GSAA Trust 2005-2

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

July 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

1830319 2			254,367.00		254,367.00			24-Jun-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Nov-2004
			254,367.00

1833279 2			357,600.00		357,599.30			03-Jun-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1833279 2					357,599.30			03-Jun-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1834836 2			142,400.00		142,400.00			03-Jun-2005		7.225%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1834836 2					142,400.00			03-Jun-2005		7.225%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1837143 2			299,920.00		299,920.05			14-Jun-2005		6.525%		MD - 80.00%		Paid Off - 360		01-Nov-2004
1837143 2					299,920.05			14-Jun-2005		6.525%		MD - 80.00%		Paid Off - 360		01-Nov-2004
1838813 1			396,000.00		395,490.47			06-Jun-2005		7.450%		CT - 90.00%		Paid Off - 360		01-Nov-2004
1838813 1					395,490.47			06-Jun-2005		7.450%		CT - 90.00%		Paid Off - 360		01-Nov-2004
1840563 2			220,000.00		220,000.00			03-Jun-2005		6.650%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1840563 2					220,000.00			03-Jun-2005		6.650%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1845314 2			564,000.00		564,000.00			17-Jun-2005		5.500%		CA - 67.22%		Paid Off - 360		01-Nov-2004
1845314 2					564,000.00			17-Jun-2005		5.500%		CA - 67.22%		Paid Off - 360		01-Nov-2004
1849482 2			135,000.00		135,000.00			14-Jun-2005		7.000%		AZ - 90.00%		Paid Off - 360		01-Nov-2004
1849482 2					135,000.00			14-Jun-2005		7.000%		AZ - 90.00%		Paid Off - 360		01-Nov-2004
1849504 1			141,560.00		141,560.06			01-Jun-2005		6.750%		WA - 80.00%		Paid Off - 360		01-Nov-2004
1849504 1					141,560.06			01-Jun-2005		6.750%		WA - 80.00%		Paid Off - 360		01-Nov-2004
1850967 2			232,500.00		232,499.84			02-Jun-2005		6.900%		CA - 75.00%		Paid Off - 360		01-Nov-2004
1850967 2					232,499.84			02-Jun-2005		6.900%		CA - 75.00%		Paid Off - 360		01-Nov-2004
1852795 1			340,000.00		340,000.00			03-Jun-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1852795 1					340,000.00			03-Jun-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1854070 2			275,000.00		275,000.00			17-Jun-2005		5.800%		CA - 72.37%		Paid Off - 360		01-Nov-2004
1854070 2					275,000.00			17-Jun-2005		5.800%		CA - 72.37%		Paid Off - 360		01-Nov-2004
1855858 2			370,000.00		362,166.31			29-Jun-2005		6.250%		CA - 51.39%		Paid Off - 300		01-Dec-2004
1855858 2					362,166.31			29-Jun-2005		6.250%		CA - 51.39%		Paid Off - 300		01-Dec-2004
1857982 2			372,000.00		372,000.00			10-Jun-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1857982 2					372,000.00			10-Jun-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1862640 1			209,200.00		209,086.99			09-Jun-2005		6.500%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
1862640 1					209,086.99			09-Jun-2005		6.500%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
1867172 2			112,500.00		112,470.94			20-Jun-2005		6.300%		MN - 90.00%		Paid Off - 360		01-Dec-2004
1867172 2					112,470.94			20-Jun-2005		6.300%		MN - 90.00%		Paid Off - 360		01-Dec-2004
1881652 2			390,000.00		389,999.80			13-Jun-2005		6.250%		CA - 60.00%		Paid Off - 360		01-Dec-2004
1881652 2					389,999.80			13-Jun-2005		6.250%		CA - 60.00%		Paid Off - 360		01-Dec-2004
1885666 1			304,000.00		304,000.12			09-Jun-2005		7.138%		NJ - 89.94%		Paid Off - 360		01-Dec-2004
1885666 1					304,000.12			09-Jun-2005		7.138%		NJ - 89.94%		Paid Off - 360		01-Dec-2004
1886151 2			180,000.00		180,000.00			16-Jun-2005		6.700%		MN - 80.00%		Paid Off - 360		01-Nov-2004
1886151 2					180,000.00			16-Jun-2005		6.700%		MN - 80.00%		Paid Off - 360		01-Nov-2004
1889615 2			339,625.00		339,625.00			10-Jun-2005		6.925%		CA - 71.50%		Paid Off - 360		01-Dec-2004
1889615 2					339,625.00			10-Jun-2005		6.925%		CA - 71.50%		Paid Off - 360		01-Dec-2004
1889858 2			128,700.00		128,699.86			14-Jun-2005		7.750%		AZ - 90.00%		Paid Off - 360		01-Dec-2004
1889858 2					128,699.86			14-Jun-2005		7.750%		AZ - 90.00%		Paid Off - 360		01-Dec-2004
1890298 2			260,000.00		260,000.00			23-Jun-2005		6.075%		CA - 74.29%		Paid Off - 360		01-Nov-2004
1890298 2					260,000.00			23-Jun-2005		6.075%		CA - 74.29%		Paid Off - 360		01-Nov-2004
1906131 1			252,000.00		252,000.00			24-Jun-2005		6.900%		NC - 80.00%		Paid Off - 360		01-Dec-2004
1906131 1					252,000.00			24-Jun-2005		6.900%		NC - 80.00%		Paid Off - 360		01-Dec-2004
1906640 2			290,000.00		289,998.67			23-Jun-2005		5.850%		NV - 76.72%		Paid Off - 360		01-Dec-2004
1906640 2					289,998.67			23-Jun-2005		5.850%		NV - 76.72%		Paid Off - 360		01-Dec-2004
1921188 1			120,412.00		120,387.48			30-Jun-2005		6.450%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
1921188 1					120,387.48			30-Jun-2005		6.450%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
1921626 2			208,000.00		208,000.00			20-Jun-2005		5.300%		CA - 69.33%		Paid Off - 360		01-Dec-2004
1921626 2					208,000.00			20-Jun-2005		5.300%		CA - 69.33%		Paid Off - 360		01-Dec-2004
1922891 1			301,750.00		301,750.00			14-Jun-2005		6.950%		CA - 85.00%		Paid Off - 360		01-Dec-2004
1922891 1					301,750.00			14-Jun-2005		6.950%		CA - 85.00%		Paid Off - 360		01-Dec-2004
1923379 2			187,500.00		187,500.00			14-Jun-2005		6.350%		CA - 79.79%		Paid Off - 360		01-Dec-2004
1923379 2					187,500.00			14-Jun-2005		6.350%		CA - 79.79%		Paid Off - 360		01-Dec-2004
1930418 2			318,750.00		318,750.00			29-Jun-2005		7.550%		AZ - 85.00%		Paid Off - 360		01-Dec-2004
1930418 2					318,750.00			29-Jun-2005		7.550%		AZ - 85.00%		Paid Off - 360		01-Dec-2004
1931470 2			416,000.00		416,000.00			03-Jun-2005		7.250%		MD - 94.55%		Paid Off - 360		01-Dec-2004
1931470 2					416,000.00			03-Jun-2005		7.250%		MD - 94.55%		Paid Off - 360		01-Dec-2004
1936232 2			142,000.00		142,000.00			23-Jun-2005		6.800%		CA - 63.11%		Paid Off - 360		01-Dec-2004
1936232 2					142,000.00			23-Jun-2005		6.800%		CA - 63.11%		Paid Off - 360		01-Dec-2004
1936929 1			107,744.00		107,743.64			22-Jun-2005		6.400%		WA - 80.00%		Paid Off - 360		01-Dec-2004
1936929 1					107,743.64			22-Jun-2005		6.400%		WA - 80.00%		Paid Off - 360		01-Dec-2004
1945691 2			550,000.00		550,000.00			08-Jun-2005		6.400%		CA - 77.47%		Paid Off - 360		01-Dec-2004
1945691 2					550,000.00			08-Jun-2005		6.400%		CA - 77.47%		Paid Off - 360		01-Dec-2004
1000001465 2			428,800.00		428,800.00			20-Jun-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000001465 2					428,800.00			20-Jun-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000015236 2			330,400.00		330,400.00			01-Jun-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000015236 2					330,400.00			01-Jun-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000027321 2			234,000.00		234,000.00			29-Jun-2005		6.950%		NV - 90.00%		Paid Off - 360		01-Oct-2004
1000027321 2					234,000.00			29-Jun-2005		6.950%		NV - 90.00%		Paid Off - 360		01-Oct-2004
1000036767 2			178,200.00		178,145.51			03-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Nov-2004
1000036767 2					178,145.51			03-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Nov-2004
1000092517 1			289,800.00		289,800.00			08-Jun-2005		8.400%		IL - 80.00%		Paid Off - 360		01-Dec-2004
1000092517 1					289,800.00					8.400%		IL - 80.00%		Paid Off - 360


Page 19 of 26
GSAA Trust 2005-2

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

July 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

1000095006 2			248,000.00		248,000.00			02-Jun-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
			248,000.00



TOTAL			20,144,318.00		20,127,330.84
TOTAL


Page 20 of 26
GSAA Trust 2005-2

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

July 25, 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 21 of 26
GSAA Trust 2005-2

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

July 25, 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 22 of 26
GSAA Trust 2005-2

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

July 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 23 of 26
GSAA Trust 2005-2

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

July 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 24 of 26
GSAA Trust 2005-2

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

July 25, 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								7,894,755.06
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														0.00
Senior Enhancement Percentage														23.452324%




Page 25 of 26
GSAA Trust 2005-2

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

July 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current Scheduled Payments										1,802,992.80		619,510.00		2,422,502.80
Current Scheduled Payments 1 Month Prior										1,861,172.05		634,120.45		2,495,292.50
Current Scheduled Payments 2 Month Prior										1,907,529.24		655,553.37		2,563,082.61
Current Scheduled Payments 3 Month Prior										1,975,298.93		671,064.06		2,646,362.99
Current Scheduled Payments 4 Month Prior										2,006,344.25		682,765.66		2,689,109.91
Current Scheduled Payments 5 Month Prior										2,025,903.26		686,817.37		2,712,720.63
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										36,899.90		9,272.08		46,171.98
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior										36,519.27		5,421.54		41,940.80
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior										21,486.97		7,520.20		29,007.17
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior										20,467.32		2,859.75		23,327.08
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior										1,600.00		0.00		1,600.00
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 26 of 26

GSAA Home Equity Trust 2005-2 8-K