
                                      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 March 1, 2005,
               providing for the issuance of GSAMP Trust 2005-HE2 Mortgage
                      Pass-Through Certificates Series 2005-HE2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-13                          13-3387389
          (Commission File Number)        (I.R.S. Employer Identification No.)


               85 Broad Street
               New York, New York                        1004
          (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 27, 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.



GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

				External Parties						Table of Contents

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

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					20
										11. Realized Loss Detail Report					23
				Servicer(s)						11. Realized Loss Detail Report					23
				Servicer(s)						12. Triggers and Adj. Cert. Report					24
				Countrywide Funding Corporation						12. Triggers and Adj. Cert. Report					24
				Countrywide Funding Corporation						13. Additional Certificate Report					25
				Chase Securities, Inc						13. Additional Certificate Report					25
				Chase Securities, Inc


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					25
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			March 01, 2005			Hang Luu
				Close Date:			March 30, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6000
										hang-thai.luu@db.com
										hang-thai.luu@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			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 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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


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

A-1	SR	$	297,636,000.00		260,990,383.16		693,093.60		23,595,418.83		24,288,512.43		0.00		0.00		237,394,964.33
A-1	SR	$	297,636,000.00		260,990,383.16		693,093.60		23,595,418.83		24,288,512.43		0.00		0.00		237,394,964.33
A-2	SR	$	169,463,000.00		169,463,000.00		463,211.29		0.00		463,211.29		0.00		0.00		169,463,000.00
A-3	SR	$	79,117,000.00		79,117,000.00		223,643.19		0.00		223,643.19		0.00		0.00		79,117,000.00
M-1	MEZ	$	49,720,000.00		49,720,000.00		144,799.34		0.00		144,799.34		0.00		0.00		49,720,000.00
M-2	MEZ	$	40,265,000.00		40,265,000.00		124,153.37		0.00		124,153.37		0.00		0.00		40,265,000.00
M-3	MEZ	$	11,555,000.00		11,555,000.00		36,078.13		0.00		36,078.13		0.00		0.00		11,555,000.00
B-1	SUB	$	10,154,000.00		10,154,000.00		35,494.62		0.00		35,494.62		0.00		0.00		10,154,000.00
B-2	SUB	$	8,403,000.00		8,403,000.00		29,831.27		0.00		29,831.27		0.00		0.00		8,403,000.00
B-3	SUB	$	8,754,000.00		8,754,000.00		35,502.98		0.00		35,502.98		0.00		0.00		8,754,000.00
B-4	SUB	$	9,804,000.00		9,804,000.00		49,020.00		0.00		49,020.00		0.00		0.00		9,804,000.00
X	NOF	$	15,406,120.96		15,406,101.06		1,901,083.79		0.00		1,901,083.79		0.00		0.00		15,406,101.06
P	NOF	$	0.00		0.00		503,732.67		0.00		503,732.67		0.00		0.00		0.00
R-1	RES	$	100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	RES	$	100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			700,277,320.96		663,631,484.22		4,239,644.25		23,595,418.83		27,835,063.08		0.00		0.00		640,036,065.39
Total




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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	06/27/05		07/24/05		A-Act/360		36242DA29		297,636,000.00		876.877740		2.328662		79.276092		81.604754	797.601649
A-2	06/27/05		07/24/05		A-Act/360		36242DA37		169,463,000.00		1,000.000000		2.733407		0.000000		2.733407	1,000.000000
A-3	06/27/05		07/24/05		A-Act/360		36242DA45		79,117,000.00		1,000.000000		2.826740		0.000000		2.826740	1,000.000000
M-1	06/27/05		07/24/05		A-Act/360		36242DA52		49,720,000.00		1,000.000000		2.912296		0.000000		2.912296	1,000.000000
M-2	06/27/05		07/24/05		A-Act/360		36242DA60		40,265,000.00		1,000.000000		3.083407		0.000000		3.083407	1,000.000000
M-3	06/27/05		07/24/05		A-Act/360		36242DA78		11,555,000.00		1,000.000000		3.122296		0.000000		3.122296	1,000.000000
B-1	06/27/05		07/24/05		A-Act/360		36242DA86		10,154,000.00		1,000.000000		3.495629		0.000000		3.495629	1,000.000000
B-2	06/27/05		07/24/05		A-Act/360		36242DA94		8,403,000.00		1,000.000000		3.550074		0.000000		3.550074	1,000.000000
B-3	06/27/05		07/24/05		A-Act/360		36242DB28		8,754,000.00		1,000.000000		4.055629		0.000000		4.055629	1,000.000000
B-4	06/01/05		06/30/05		A-30/360		36242DB36		9,804,000.00		1,000.000000		5.000000		0.000000		5.000000	1,000.000000
X	06/01/05		06/30/05		A-30/360		36242DG72		15,406,120.96		999.998708		123.397953		0.000000		123.397953	999.998708
P	06/01/05		06/30/05		A-30/360		36242DG80		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-1	06/01/05		06/30/05		A-30/360		36242DG56		100.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-2	06/01/05		06/30/05		A-30/360		36242DG64		100.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 2 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

Distribution to Date - REMIC II
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	297,636,000.00		2,894,840.95		58,665,668.81		1,575,366.86		60,241,035.67		63,135,876.62		0.00		0.00		237,394,964.33
A-2	169,463,000.00		1,802,298.50		0.00		0.00		0.00		1,802,298.50		0.00		0.00		169,463,000.00
A-3	79,117,000.00		872,292.71		0.00		0.00		0.00		872,292.71		0.00		0.00		79,117,000.00
M-1	49,720,000.00		565,955.37		0.00		0.00		0.00		565,955.37		0.00		0.00		49,720,000.00
M-2	40,265,000.00		487,119.97		0.00		0.00		0.00		487,119.97		0.00		0.00		40,265,000.00
M-3	11,555,000.00		141,668.37		0.00		0.00		0.00		141,668.37		0.00		0.00		11,555,000.00
B-1	10,154,000.00		140,331.85		0.00		0.00		0.00		140,331.85		0.00		0.00		10,154,000.00
B-2	8,403,000.00		118,044.11		0.00		0.00		0.00		118,044.11		0.00		0.00		8,403,000.00
B-3	8,754,000.00		141,467.72		0.00		0.00		0.00		141,467.72		0.00		0.00		8,754,000.00
B-4	9,804,000.00		196,080.00		0.00		0.00		0.00		196,080.00		0.00		0.00		9,804,000.00
X	15,406,120.96		8,017,554.97		18.77		1.13		19.90		8,017,574.87		0.00		0.00		15,406,101.06
P	0.00		1,307,036.57		0.00		0.00		0.00		1,307,036.57		0.00		0.00		0.00
R-1	100.00		0.00		94.34		5.66		100.00		100.00		0.00		0.00		0.00
R-2	100.00		0.00		94.34		5.66		100.00		100.00		0.00		0.00		0.00


Total	700,277,320.96		16,684,691.09		58,665,876.26		1,575,379.31		60,241,255.57		76,925,946.66		0.00		0.00		640,036,065.39


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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	3.41438%		260,990,383.16		693,093.60		0.00		0.00		0.00		693,093.60		693,093.60		0.00
A-2	3.51438%		169,463,000.00		463,211.29		0.00		0.00		0.00		463,211.29		463,211.29		0.00
A-3	3.63438%		79,117,000.00		223,643.19		0.00		0.00		0.00		223,643.19		223,643.19		0.00
M-1	3.74438%		49,720,000.00		144,799.34		0.00		0.00		0.00		144,799.34		144,799.34		0.00
M-2	3.96438%		40,265,000.00		124,153.37		0.00		0.00		0.00		124,153.37		124,153.37		0.00
M-3	4.01438%		11,555,000.00		36,078.13		0.00		0.00		0.00		36,078.13		36,078.13		0.00
B-1	4.49438%		10,154,000.00		35,494.62		0.00		0.00		0.00		35,494.62		35,494.62		0.00
B-2	4.56438%		8,403,000.00		29,831.27		0.00		0.00		0.00		29,831.27		29,831.27		0.00
B-3	5.21438%		8,754,000.00		35,502.98		0.00		0.00		0.00		35,502.98		35,502.98		0.00
B-4	6.00000%		9,804,000.00		49,020.00		0.00		0.00		0.00		49,020.00		49,020.00		0.00
X	148.07773%		15,406,101.06		0.00		0.00		0.00		0.00		0.00		1,901,083.79		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		503,732.67		0.00
R-1	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			663,631,484.22		1,834,827.79		0.00		0.00		0.00		1,834,827.79		4,239,644.25		0.00



Page 3 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														23,595,418.83
Principal Withrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														23,595,418.83
Interest Collections														3,869,474.85
Interest Withdrawals														-0.00
Interest Other Accounts														419,469.67
Interest Fees														-49,300.27
TOTAL NET INTEREST														4,239,644.25
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														27,835,063.08



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															362,084.56
Prepayments In Full															23,063,860.36
Curtailments															169,473.91
Liquidations															0.00
Insurance Principal															0.00
Repurchased Principal Amounts															0.00
Other Principal															0.00
Total Realized Loss Of Principal															-0.00
Delinquent Principal															-311,461.63
Advanced Principal															311,461.63
TOTAL PRINCIPAL COLLECTED															23,595,418.83


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 4 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														4,100,171.77
Liquidation Interest														0.00
Repurchased Interest														0.00
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-0.00
Prepayment Interest Shortfalls														-42,522.76
Compensating Interest														42,522.76
Delinquent Interest														-3,420,457.50
Interest Advanced														3,189,760.59
TOTAL INTEREST COLLECTED														3,869,474.85


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
Nonrecoverable Advances
TOTAL INTEREST WITHDRAWALS														0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														503,732.67
SWAP Payment Received from GSMS														226,351.00
SWAP Amount Paid to GSMS														-310,614.00
TOTAL INTEREST OTHER ACCOUNTS														419,469.67



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														45,816.20
Current Trustee Fees														3,484.07
TOTAL INTEREST OTHER FEES														49,300.27




Page 5 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total
Overcollateralization Amount														15,406,101.06
Overcollateralization Target Amount														15,406,101.06
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00




Page 6 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														4,329
Prior														4,138
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-121
Repurchases														-0
Liquidations														-0
Current														4,017
Principal Balance:


Original														700,277,320.96
Prior														663,631,484.22
Prefunding														0.00
Scheduled Principal														-362,084.56
Partial Prepayments														-169,473.91
Full Voluntary Prepayments														-23,063,860.36
Repurchases														-0.00
Liquidations														-0.00
Current														640,036,065.39





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														7.29668%
Weighted Average Coupon Prior														7.42300%
Weighted Average Coupon Current														7.41515%
Weighted Average Months to Maturity Original														337
Weighted Average Months to Maturity Prior														346
Weighted Average Months to Maturity Current														345
Weighted Avg Remaining Amortization Term Original														337
Weighted Avg Remaining Amortization Term Prior														346
Weighted Avg Remaining Amortization Term Current														345
Weighted Average Seasoning Original														4.21
Weighted Average Seasoning Prior														6.20
Weighted Average Seasoning Current														7.20









Page 8 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														6.51876%
Weighted Average Margin Prior														6.50575%
Weighted Average Margin Current														6.50015%
Weighted Average Max Rate Original														13.72564%
Weighted Average Max Rate Prior														13.71563%
Weighted Average Max Rate Current														13.70736%
Weighted Average Min Rate Original														7.21772%
Weighted Average Min Rate Prior														7.20864%
Weighted Average Min Rate Current														7.19957%
Weighted Average Cap Up Original														1.01489%
Weighted Average Cap Up Prior														1.01531%
Weighted Average Cap Up Current														1.01574%
Weighted Average Cap Down Original														1.01489%
Weighted Average Cap Down Prior														1.01531%
Weighted Average Cap Down Current														1.01574%




SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														45,816.20
Delinquent Servicing Fees														230,696.92
TOTAL SERVICING FEES														276,513.13


Compensating Interest														-42,522.76
Delinquent Servicing Fees														-230,696.92
COLLECTED SERVICING FEES														3,293.44


Aggregate Advances with respect to this Distribution														0.00





ADDITIONAL COLLATERAL INFORMATION
														Total
Net Prepayment Interest Shortfall														0.00

Current LIBOR Rate														3.314380%

Next LIBOR Rate														0.000000%




Page 9 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				18,444,410.55		5,213,997.33		1,479,082.26		25,137,490.14
			% Balance				2.88%		0.81%		0.23%		3.93%
			# Loans				108		30		10		148
			% # Loans				2.69%		0.75%		0.25%		3.68%
	FORECLOSURE		Balance		0.00		183,095.94		2,360,218.44		5,407,575.99		7,950,890.37
			% Balance		0.00%		0.03%		0.37%		0.84%		1.24%
			# Loans		0		1		10		27		38
			% # Loans		0.00%		0.02%		0.25%		0.67%		0.95%
	BANKRUPTCY		Balance		174,963.81		0.00		407,938.23		344,028.08		926,930.12
			% Balance		0.03%		0.00%		0.06%		0.05%		0.14%
			# Loans		2		0		3		3		8
			% # Loans		0.05%		0.00%		0.07%		0.07%		0.20%
	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		174,963.81		18,627,506.49		7,982,154.00		7,230,686.33		34,015,310.63
			% Balance		0.03%		2.91%		1.25%		1.13%		5.31%
			# Loans		2		109		43		40		194
			% # Loans		0.05%		2.71%		1.07%		1.00%		4.83%









Page 10 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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 11 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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
19278092 1
19278092 1			301,750.00		300,325.58		01-Feb-2005		9.875%		CA - 85.00%		360		01-Oct-2004

19278407 1			320,000.00		318,537.73		01-Dec-2004		9.500%		CA - 80.00%		360		01-Nov-2004
19280320 1			53,200.00		52,984.80		01-Mar-2005		9.500%		MD - 95.00%		360		01-Dec-2004
19284710 1			148,000.00		147,101.81		01-Jan-2005		7.500%		IL - 68.84%		360		01-Dec-2004
19335728 1			352,000.00		349,369.45		01-Feb-2005		7.875%		CA - 80.00%		360		01-Oct-2004
19337211 1			104,000.00		103,240.84		01-Jan-2005		8.375%		AZ - 80.00%		360		01-Dec-2004
19337609 1			52,200.00		52,062.41		01-Jan-2005		10.875%		NC - 20.00%		360		01-Jan-2005
19337997 1			251,200.00		249,951.99		01-Feb-2005		8.500%		CA - 83.73%		360		01-Dec-2004
19338185 1			175,000.00		174,161.41		01-Dec-2004		8.000%		MA - 60.55%		360		01-Jan-2005
19339225 1			184,000.00		183,095.94		01-Apr-2005		7.875%		VA - 80.00%		360		01-Jan-2005
38213301 1			114,750.00		114,149.16		01-Feb-2005		8.240%		LA - 85.00%		360		01-Dec-2004
38263627 1			436,000.00		436,000.00		01-Feb-2005		6.600%		CA - 80.00%		360		01-Dec-2004
38263851 1			259,250.00		259,164.72		01-Mar-2005		6.700%		CA - 85.00%		360		01-Dec-2004
38264859 1			78,800.00		77,774.42		01-Feb-2005		5.750%		LA - 80.00%		360		01-Oct-2004
38326683 1			256,000.00		254,351.66		01-Mar-2005		7.490%		CA - 80.00%		360		01-Dec-2004
38394924 1			191,900.00		190,843.42		01-Jan-2005		7.990%		OH - 100.00%		360		01-Dec-2004
38488847 1			280,500.00		277,901.54		01-Feb-2005		6.500%		CA - 85.00%		360		01-Oct-2004
38489375 1			153,000.00		152,141.78		01-Jan-2005		8.500%		FL - 85.00%		360		01-Nov-2004
38489864 1			259,350.00		257,739.93		01-Feb-2005		7.500%		CA - 65.00%		360		01-Dec-2004
38489944 1			297,600.00		297,600.00		01-Jan-2005		7.750%		CA - 80.00%		360		01-Dec-2004
38791550 1			50,700.00		50,528.95		01-Feb-2005		8.950%		LA - 65.00%		360		01-Feb-2005
38803608 1			95,900.00		95,505.18		01-Jan-2005		8.750%		GA - 76.17%		360		01-Jan-2005
38804840 1			144,000.00		143,465.13		01-Feb-2005		9.250%		SC - 90.00%		360		01-Jan-2005
68492519 1			304,000.00		304,000.00		01-Mar-2005		7.490%		CA - 80.00%		360		01-Feb-2005
68493231 1			208,000.00		208,000.00		01-Mar-2005		5.990%		CA - 80.00%		360		01-Feb-2005
68513914 1			460,000.00		457,861.21		28-Feb-2005		8.150%		NC - 100.00%		360		29-Jan-2005
68909187 1			304,357.00		303,184.27		01-Feb-2005		8.300%		CA - 90.00%		360		01-Feb-2005
68909427 1			267,750.00		266,597.71		01-Mar-2005		7.750%		CA - 85.00%		360		01-Feb-2005
68910867 1			154,400.00		153,378.01		01-Mar-2005		6.350%		KS - 80.00%		360		01-Feb-2005
68927949 1			108,000.00		107,311.57		01-Jan-2005		7.250%		MO - 80.00%		360		01-Dec-2004
68928926 1			348,000.00		348,000.00		01-Feb-2005		6.625%		FL - 80.00%		360		01-Jan-2005
68930094 1			103,000.00		102,522.44		01-Jan-2005		7.375%		MD - 100.00%		360		01-Feb-2005
68930814 1			102,400.00		101,901.30		01-Feb-2005		7.125%		FL - 80.00%		360		01-Feb-2005
68932038 1			116,100.00		115,587.73		01-Jan-2005		7.625%		MI - 90.00%		360		01-Feb-2005
69861333 1			121,000.00		120,761.78		01-Mar-2005		10.625%		MI - 69.14%		360		01-Mar-2005
69861549 1			345,000.00		343,871.44		01-Feb-2005		9.100%		CA - 62.73%		360		01-Feb-2005
69861645 1			197,600.00		196,796.51		01-Feb-2005		7.100%		CA - 80.00%		360		01-Mar-2005
69861653 1			284,000.00		283,118.55		01-Mar-2005		8.450%		CA - 80.00%		360		01-Mar-2005


TOTAL			7,982,707.00		7,950,890.37


Page 12 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														121
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														121
Curtailments Amount														169,473.91
Paid in Full Balance														23,063,860.36
Repurchased Loans Balance														0.00
Total Prepayment Amount														23,233,334.27

Cumulative


Number of Paid in Full Loans														308
Number of Repurchased Loans														3
Total Number of Loans Prepaid in Full														311
Paid in Full Balance														58,183,215.07
Repurchased Loans Balance														312,911.71
Curtailments Amount														169,749.48
Total Prepayment Amount														58,665,876.26










Page 13 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														3.50%
3 Months Avg SMM														2.52%
12 Months Avg SMM														2.17%
Avg SMM Since Cut-off														2.17%


CPR														34.81%
3 Months Avg CPR														26.39%
12 Months Avg CPR														23.12%
Avg CPR Since Cut-off														23.12%


PSA														2,418.08%
3 Months Avg PSA Approximation														2,128.27%
12 Months Avg PSA Approximation														2,027.28%
Avg PSA Since Cut-off Approximation														2,027.28%










Page 14 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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 15 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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

19278076 1			243,000.00		240,824.01				7.625%		MI - 86.79%		Paid Off - 360		01-Oct-2004
			243,000.00

19278381 1			392,000.00		392,000.00				6.875%		CA - 80.00%		Paid Off - 360		01-Nov-2004
19278381 1					392,000.00				6.875%		CA - 80.00%		Paid Off - 360		01-Nov-2004
19279330 1			223,900.00		222,643.20				8.000%		MD - 79.99%		Paid Off - 360		01-Dec-2004
19279330 1					222,643.20				8.000%		MD - 79.99%		Paid Off - 360		01-Dec-2004
19279892 1			16,000.00		15,957.84				10.875%		KY - 20.00%		Paid Off - 180		01-Dec-2004
19279892 1					15,957.84				10.875%		KY - 20.00%		Paid Off - 180		01-Dec-2004
19281047 1			195,500.00		194,439.29				7.375%		MA - 74.62%		Paid Off - 360		01-Dec-2004
19281047 1					194,439.29				7.375%		MA - 74.62%		Paid Off - 360		01-Dec-2004
19281328 1			104,000.00		103,489.04				7.875%		FL - 80.00%		Paid Off - 360		01-Dec-2004
19281328 1					103,489.04				7.875%		FL - 80.00%		Paid Off - 360		01-Dec-2004
19281542 1			38,400.00		38,330.94				12.625%		RI - 20.00%		Paid Off - 180		01-Dec-2004
19281542 1					38,330.94				12.625%		RI - 20.00%		Paid Off - 180		01-Dec-2004
19281633 1			256,500.00		256,500.00				6.875%		MD - 90.00%		Paid Off - 360		01-Dec-2004
19281633 1					256,500.00				6.875%		MD - 90.00%		Paid Off - 360		01-Dec-2004
19281930 1			304,000.00		304,000.00				7.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
19281930 1					304,000.00				7.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
19282607 1			40,000.00		39,639.59				10.375%		FL - 13.79%		Paid Off - 240		01-Dec-2004
19282607 1					39,639.59				10.375%		FL - 13.79%		Paid Off - 240		01-Dec-2004
19283290 1			98,500.00		98,003.80				7.750%		FL - 63.55%		Paid Off - 360		01-Dec-2004
19283290 1					98,003.80				7.750%		FL - 63.55%		Paid Off - 360		01-Dec-2004
19283753 1			300,000.00		298,796.02				8.875%		RI - 78.95%		Paid Off - 360		01-Dec-2004
19283753 1					298,796.02				8.875%		RI - 78.95%		Paid Off - 360		01-Dec-2004
19284033 1			180,000.00		180,000.00				6.250%		CA - 80.00%		Paid Off - 360		01-Dec-2004
19284033 1					180,000.00				6.250%		CA - 80.00%		Paid Off - 360		01-Dec-2004
19285105 1			253,000.00		251,817.70				8.125%		CA - 74.19%		Paid Off - 360		01-Dec-2004
19285105 1					251,817.70				8.125%		CA - 74.19%		Paid Off - 360		01-Dec-2004
19335736 1			384,000.00		384,000.00				8.375%		CA - 80.00%		Paid Off - 360		01-Oct-2004
19335736 1					384,000.00				8.375%		CA - 80.00%		Paid Off - 360		01-Oct-2004
19336734 1			62,100.00		61,870.94				8.625%		PA - 90.00%		Paid Off - 360		01-Jan-2005
19336734 1					61,870.94				8.625%		PA - 90.00%		Paid Off - 360		01-Jan-2005
19336841 1			320,000.00		318,485.31				8.000%		VA - 80.00%		Paid Off - 360		01-Jan-2005
19336841 1					318,485.31				8.000%		VA - 80.00%		Paid Off - 360		01-Jan-2005
19336858 1			60,000.00		59,589.68				12.350%		VA - 15.00%		Paid Off - 180		01-Jan-2005
19336858 1					59,589.68				12.350%		VA - 15.00%		Paid Off - 180		01-Jan-2005
19338326 1			204,000.00		202,848.83				7.375%		VA - 80.00%		Paid Off - 360		01-Jan-2005
19338326 1					202,848.83				7.375%		VA - 80.00%		Paid Off - 360		01-Jan-2005
19338524 1			320,000.00		318,588.09				7.625%		FL - 80.00%		Paid Off - 360		01-Jan-2005
19338524 1					318,588.09				7.625%		FL - 80.00%		Paid Off - 360		01-Jan-2005
19339001 1			409,600.00		409,600.00				7.125%		CA - 80.00%		Paid Off - 360		01-Jan-2005
19339001 1					409,600.00				7.125%		CA - 80.00%		Paid Off - 360		01-Jan-2005
19339233 1			170,000.00		169,087.55				6.625%		PA - 85.00%		Paid Off - 360		01-Jan-2005
19339233 1					169,087.55				6.625%		PA - 85.00%		Paid Off - 360		01-Jan-2005
19339290 1			126,900.00		126,379.49				7.990%		VA - 90.00%		Paid Off - 360		01-Jan-2005
19339290 1					126,379.49				7.990%		VA - 90.00%		Paid Off - 360		01-Jan-2005
19339647 1			50,800.00		50,014.80				9.500%		FL - 40.00%		Paid Off - 180		01-Jan-2005
19339647 1					50,014.80				9.500%		FL - 40.00%		Paid Off - 180		01-Jan-2005
19340645 1			405,000.00		402,484.87				7.500%		CA - 62.31%		Paid Off - 360		01-Jan-2005
19340645 1					402,484.87				7.500%		CA - 62.31%		Paid Off - 360		01-Jan-2005
19340959 1			110,000.00		110,000.00				8.125%		MD - 88.00%		Paid Off - 360		01-Jan-2005
19340959 1					110,000.00				8.125%		MD - 88.00%		Paid Off - 360		01-Jan-2005
19340975 1			300,000.00		298,643.12				7.500%		MD - 80.00%		Paid Off - 360		01-Jan-2005
19340975 1					298,643.12				7.500%		MD - 80.00%		Paid Off - 360		01-Jan-2005
19341007 1			75,000.00		74,864.31				11.875%		MD - 20.00%		Paid Off - 360		01-Jan-2005
19341007 1					74,864.31				11.875%		MD - 20.00%		Paid Off - 360		01-Jan-2005
19341353 1			340,000.00		339,994.94				5.750%		CA - 85.00%		Paid Off - 360		01-Jan-2005
19341353 1					339,994.94				5.750%		CA - 85.00%		Paid Off - 360		01-Jan-2005
38261363 1			208,000.00		206,659.56			30-Jun-2005		6.490%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261363 1					206,659.56			30-Jun-2005		6.490%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261443 1			324,000.00		324,000.00			17-Jun-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261443 1					324,000.00			17-Jun-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261451 1			81,000.00		80,775.96			17-Jun-2005		10.650%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38261451 1					80,775.96			17-Jun-2005		10.650%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38261779 1			372,000.00		372,000.00			21-Jun-2005		6.825%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261779 1					372,000.00			21-Jun-2005		6.825%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38261787 1			93,000.00		92,750.89			20-Jun-2005		10.800%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38261787 1					92,750.89			20-Jun-2005		10.800%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38262443 1			164,000.00		164,000.00			03-Jun-2005		7.075%		NV - 80.00%		Paid Off - 360		01-Dec-2004
38262443 1					164,000.00			03-Jun-2005		7.075%		NV - 80.00%		Paid Off - 360		01-Dec-2004
38262451 1			41,000.00		40,890.17			03-Jun-2005		10.800%		NV - 20.00%		Paid Off - 180		01-Dec-2004
38262451 1					40,890.17			03-Jun-2005		10.800%		NV - 20.00%		Paid Off - 180		01-Dec-2004
38262499 1			255,000.00		253,496.41			09-Jun-2005		6.950%		CA - 80.19%		Paid Off - 360		01-Dec-2004
38262499 1					253,496.41					6.950%		CA - 80.19%		Paid Off - 360


Page 16 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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

38262539 1			260,000.00		260,000.00			10-Jun-2005		6.600%		CA - 69.33%		Paid Off - 360		01-Dec-2004
			260,000.00

38262891 1			207,000.00		205,788.91			14-Jun-2005		6.990%		CA - 84.49%		Paid Off - 360		01-Dec-2004
38262891 1					205,788.91			14-Jun-2005		6.990%		CA - 84.49%		Paid Off - 360		01-Dec-2004
38263043 1			175,000.00		175,000.00			30-Jun-2005		6.100%		CA - 56.45%		Paid Off - 360		01-Dec-2004
38263043 1					175,000.00			30-Jun-2005		6.100%		CA - 56.45%		Paid Off - 360		01-Dec-2004
38263283 1			412,000.00		409,326.11			22-Jun-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38263283 1					409,326.11			22-Jun-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38263291 1			103,000.00		102,650.97			22-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38263291 1					102,650.97			22-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38263339 1			180,000.00		179,987.36			10-Jun-2005		6.650%		CA - 90.00%		Paid Off - 360		01-Dec-2004
38263339 1					179,987.36			10-Jun-2005		6.650%		CA - 90.00%		Paid Off - 360		01-Dec-2004
38263483 1			324,000.00		321,808.22			09-Jun-2005		6.490%		CA - 90.00%		Paid Off - 360		01-Dec-2004
38263483 1					321,808.22			09-Jun-2005		6.490%		CA - 90.00%		Paid Off - 360		01-Dec-2004
38263491 1			280,000.00		278,332.84			30-Jun-2005		6.900%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38263491 1					278,332.84			30-Jun-2005		6.900%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38263843 1			322,000.00		320,502.83			22-Jun-2005		8.150%		CA - 67.79%		Paid Off - 360		01-Dec-2004
38263843 1					320,502.83			22-Jun-2005		8.150%		CA - 67.79%		Paid Off - 360		01-Dec-2004
38263955 1			428,000.00		425,549.07			29-Jun-2005		7.100%		CA - 52.84%		Paid Off - 360		01-Dec-2004
38263955 1					425,549.07			29-Jun-2005		7.100%		CA - 52.84%		Paid Off - 360		01-Dec-2004
38264043 1			216,000.00		214,676.02			21-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Dec-2004
					214,676.02			21-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38264051 1			54,000.00		53,857.61			21-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38264051 1					53,857.61			21-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38264307 1			232,000.00		232,000.00			24-Jun-2005		5.700%		CA - 76.07%		Paid Off - 360		01-Dec-2004
38264307 1					232,000.00			24-Jun-2005		5.700%		CA - 76.07%		Paid Off - 360		01-Dec-2004
38264563 1			65,000.00		64,498.75			16-Jun-2005		5.600%		CA - 63.73%		Paid Off - 360		01-Dec-2004
38264563 1					64,498.75			16-Jun-2005		5.600%		CA - 63.73%		Paid Off - 360		01-Dec-2004
38326411 1			460,000.00		457,251.55			01-Jun-2005		6.990%		CA - 55.42%		Paid Off - 360		01-Dec-2004
38326411 1					457,251.55			01-Jun-2005		6.990%		CA - 55.42%		Paid Off - 360		01-Dec-2004
38330092 1			186,675.00		185,759.19			27-Jun-2005		8.500%		FL - 95.00%		Paid Off - 360		01-Dec-2004
38330092 1					185,759.19			27-Jun-2005		8.500%		FL - 95.00%		Paid Off - 360		01-Dec-2004
38389571 1			80,000.00		79,975.66			23-Jun-2005		7.250%		CA - 40.00%		Paid Off - 360		01-Jan-2005
38389571 1					79,975.66			23-Jun-2005		7.250%		CA - 40.00%		Paid Off - 360		01-Jan-2005
38394572 1			83,600.00		83,109.26			14-Jun-2005		6.300%		AZ - 80.00%		Paid Off - 360		01-Jan-2005
38394572 1					83,109.26			14-Jun-2005		6.300%		AZ - 80.00%		Paid Off - 360		01-Jan-2005
38394796 1			102,500.00		102,500.00			23-Jun-2005		6.550%		KS - 84.02%		Paid Off - 360		01-Jan-2005
38394796 1					102,500.00			23-Jun-2005		6.550%		KS - 84.02%		Paid Off - 360		01-Jan-2005
38395012 1			132,000.00		132,000.00			07-Jun-2005		7.190%		MD - 80.00%		Paid Off - 360		01-Feb-2005
38395012 1					132,000.00			07-Jun-2005		7.190%		MD - 80.00%		Paid Off - 360		01-Feb-2005
38488655 1			35,000.00		34,906.26			30-Jun-2005		10.800%		CA - 8.84%		Paid Off - 180		01-Dec-2004
38488655 1					34,906.26			30-Jun-2005		10.800%		CA - 8.84%		Paid Off - 180		01-Dec-2004
38488855 1			384,000.00		381,658.78			30-Jun-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38488855 1					381,658.78			30-Jun-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38488863 1			96,000.00		95,742.60			30-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38488863 1					95,742.60			30-Jun-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004
38489031 1			117,000.00		117,000.00			07-Jun-2005		6.400%		CA - 65.00%		Paid Off - 360		01-Jan-2005
38489031 1					117,000.00			07-Jun-2005		6.400%		CA - 65.00%		Paid Off - 360		01-Jan-2005
38489167 1			195,600.00		194,534.85			22-Jun-2005		6.550%		CA - 80.00%		Paid Off - 360		01-Jan-2005
38489167 1					194,534.85			22-Jun-2005		6.550%		CA - 80.00%		Paid Off - 360		01-Jan-2005
38490248 1			284,000.00		282,309.10			01-Jun-2005		6.900%		NV - 80.00%		Paid Off - 360		01-Dec-2004
38490248 1					282,309.10			01-Jun-2005		6.900%		NV - 80.00%		Paid Off - 360		01-Dec-2004
38490624 1			32,400.00		32,310.32			02-Jun-2005		9.900%		NV - 20.00%		Paid Off - 180		01-Jan-2005
38490624 1					32,310.32			02-Jun-2005		9.900%		NV - 20.00%		Paid Off - 180		01-Jan-2005
38491024 1			478,400.00		478,400.00			10-Jun-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Jan-2005
38491024 1					478,400.00			10-Jun-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Jan-2005
38491040 1			119,600.00		119,300.38			10-Jun-2005		10.800%		CA - 20.00%		Paid Off - 180		01-Jan-2005
38491040 1					119,300.38			10-Jun-2005		10.800%		CA - 20.00%		Paid Off - 180		01-Jan-2005
38791406 1			88,000.00		87,756.31			20-Jun-2005		9.005%		VA - 75.86%		Paid Off - 360		01-Feb-2005
38791406 1					87,756.31			20-Jun-2005		9.005%		VA - 75.86%		Paid Off - 360		01-Feb-2005
38791526 1			113,600.00		113,277.16			23-Jun-2005		8.880%		MO - 80.00%		Paid Off - 360		01-Feb-2005
38791526 1					113,277.16			23-Jun-2005		8.880%		MO - 80.00%		Paid Off - 360		01-Feb-2005
38791638 1			177,300.00		176,728.34			08-Jun-2005		9.170%		GA - 90.00%		Paid Off - 360		01-Jan-2005
38791638 1					176,728.34			08-Jun-2005		9.170%		GA - 90.00%		Paid Off - 360		01-Jan-2005
38792062 1			80,005.00		79,786.39			29-Jun-2005		9.070%		AL - 70.18%		Paid Off - 360		01-Feb-2005
38792062 1					79,786.39			29-Jun-2005		9.070%		AL - 70.18%		Paid Off - 360		01-Feb-2005
38792294 1			108,000.00		107,597.25			30-Jun-2005		8.470%		GA - 90.00%		Paid Off - 360		01-Feb-2005
38792294 1					107,597.25			30-Jun-2005		8.470%		GA - 90.00%		Paid Off - 360		01-Feb-2005
38803848 1			400,500.00		398,452.03			03-Jun-2005		6.875%		MA - 90.00%		Paid Off - 360		01-Jan-2005
38803848 1					398,452.03			03-Jun-2005		6.875%		MA - 90.00%		Paid Off - 360		01-Jan-2005
38803856 1			144,000.00		143,506.58			02-Jun-2005		8.875%		AZ - 90.00%		Paid Off - 360		01-Jan-2005
38803856 1					143,506.58			02-Jun-2005		8.875%		AZ - 90.00%		Paid Off - 360		01-Jan-2005
38804312 1			291,200.00		290,202.19			22-Jun-2005		8.875%		FL - 90.00%		Paid Off - 360		01-Jan-2005
38804312 1					290,202.19			22-Jun-2005		8.875%		FL - 90.00%		Paid Off - 360		01-Jan-2005
38804328 1			384,750.00		383,067.68			21-Jun-2005		9.125%		FL - 95.00%		Paid Off - 360		01-Nov-2004
38804328 1					383,067.68					9.125%		FL - 95.00%		Paid Off - 360


Page 17 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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

38804392 1			346,750.00		345,233.82			09-Jun-2005		9.125%		PA - 95.00%		Paid Off - 360		01-Nov-2004
			346,750.00

38804512 1			140,800.00		140,163.12			30-Jun-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Jan-2005
38804512 1					140,163.12			30-Jun-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Jan-2005
38804928 1			144,750.00		144,186.57			02-Jun-2005		8.250%		VA - 75.00%		Paid Off - 360		01-Jan-2005
38804928 1					144,186.57			02-Jun-2005		8.250%		VA - 75.00%		Paid Off - 360		01-Jan-2005
38810696 1			61,886.00		61,746.50			23-Jun-2005		9.990%		CA - 20.00%		Paid Off - 180		01-Feb-2005
38810696 1					61,746.50			23-Jun-2005		9.990%		CA - 20.00%		Paid Off - 180		01-Feb-2005
68492615 1			387,000.00		385,392.15			30-Jun-2005		6.990%		CA - 87.95%		Paid Off - 360		01-Feb-2005
68492615 1					385,392.15			30-Jun-2005		6.990%		CA - 87.95%		Paid Off - 360		01-Feb-2005
68492831 1			105,000.00		104,660.58			30-Jun-2005		8.250%		CT - 75.00%		Paid Off - 360		01-Feb-2005
68492831 1					104,660.58			30-Jun-2005		8.250%		CT - 75.00%		Paid Off - 360		01-Feb-2005
68493127 1			143,293.00		143,293.00			28-Jun-2005		6.990%		FL - 85.00%		Paid Off - 360		01-Feb-2005
68493127 1					143,293.00			28-Jun-2005		6.990%		FL - 85.00%		Paid Off - 360		01-Feb-2005
68497232 1			432,000.00		432,000.00			30-Jun-2005		7.375%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68497232 1					432,000.00			30-Jun-2005		7.375%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68497880 1			121,500.00		121,046.82			28-Jun-2005		7.550%		IN - 90.00%		Paid Off - 360		01-Feb-2005
68497880 1					121,046.82			28-Jun-2005		7.550%		IN - 90.00%		Paid Off - 360		01-Feb-2005
68498336 1			121,500.00		121,054.67			21-Jun-2005		7.625%		MI - 90.00%		Paid Off - 360		01-Feb-2005
68498336 1					121,054.67			21-Jun-2005		7.625%		MI - 90.00%		Paid Off - 360		01-Feb-2005
68542413 1			142,400.00		142,400.00			21-Jun-2005		6.840%		FL - 80.00%		Paid Off - 360		01-Feb-2005
68542413 1					142,400.00			21-Jun-2005		6.840%		FL - 80.00%		Paid Off - 360		01-Feb-2005
68542421 1			35,590.00		35,537.20			21-Jun-2005		11.990%		FL - 19.99%		Paid Off - 180		03-Jan-2005
68542421 1					35,537.20			21-Jun-2005		11.990%		FL - 19.99%		Paid Off - 180		03-Jan-2005
68909475 1			200,000.00		199,112.23			06-Jun-2005		6.650%		CA - 64.52%		Paid Off - 360		01-Feb-2005
68909475 1					199,112.23			06-Jun-2005		6.650%		CA - 64.52%		Paid Off - 360		01-Feb-2005
68909843 1			274,500.00		273,603.63			15-Jun-2005		8.200%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68909843 1					273,603.63			15-Jun-2005		8.200%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68909867 1			323,900.00		322,742.11			29-Jun-2005		7.750%		CA - 79.98%		Paid Off - 360		01-Feb-2005
68909867 1					322,742.11			29-Jun-2005		7.750%		CA - 79.98%		Paid Off - 360		01-Feb-2005
68910139 1			128,000.00		127,374.58			27-Jun-2005		6.150%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
68910139 1					127,374.58			27-Jun-2005		6.150%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
68910195 1			296,000.00		294,991.59			27-Jun-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
68910195 1					294,991.59			27-Jun-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
68910539 1			130,000.00		129,600.60			28-Jun-2005		8.500%		CA - 60.47%		Paid Off - 360		01-Feb-2005
68910539 1					129,600.60			28-Jun-2005		8.500%		CA - 60.47%		Paid Off - 360		01-Feb-2005
68910811 1			164,000.00		163,371.46			07-Jun-2005		7.400%		KS - 80.00%		Paid Off - 360		01-Feb-2005
68910811 1					163,371.46			07-Jun-2005		7.400%		KS - 80.00%		Paid Off - 360		01-Feb-2005
68910931 1			142,650.00		142,329.14			30-Jun-2005		10.000%		MI - 90.00%		Paid Off - 360		01-Feb-2005
68910931 1					142,329.14			30-Jun-2005		10.000%		MI - 90.00%		Paid Off - 360		01-Feb-2005
68927885 1			76,000.00		75,724.97			15-Jun-2005		9.375%		CA - 20.00%		Paid Off - 360		01-Dec-2004
68927885 1					75,724.97			15-Jun-2005		9.375%		CA - 20.00%		Paid Off - 360		01-Dec-2004
68928117 1			198,750.00		197,671.62			08-Jun-2005		7.375%		CA - 75.00%		Paid Off - 360		01-Dec-2004
68928117 1					197,671.62			08-Jun-2005		7.375%		CA - 75.00%		Paid Off - 360		01-Dec-2004
68928253 1			129,600.00		129,009.44			22-Jun-2005		8.250%		MA - 72.00%		Paid Off - 360		01-Dec-2004
68928253 1					129,009.44			22-Jun-2005		8.250%		MA - 72.00%		Paid Off - 360		01-Dec-2004
68928582 1			186,400.00		185,808.89			29-Jun-2005		9.250%		FL - 80.00%		Paid Off - 360		01-Jan-2005
68928582 1					185,808.89			29-Jun-2005		9.250%		FL - 80.00%		Paid Off - 360		01-Jan-2005
68928750 1			80,000.00		79,777.37			01-Jun-2005		9.875%		FL - 20.00%		Paid Off - 180		01-Jan-2005
68928750 1					79,777.37			01-Jun-2005		9.875%		FL - 20.00%		Paid Off - 180		01-Jan-2005
68928950 1			356,000.00		355,999.50			30-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Jan-2005
68928950 1					355,999.50			30-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Jan-2005
68929710 1			74,500.00		74,215.78			20-Jun-2005		7.750%		IL - 80.02%		Paid Off - 360		01-Feb-2005
68929710 1					74,215.78			20-Jun-2005		7.750%		IL - 80.02%		Paid Off - 360		01-Feb-2005
68930502 1			115,000.00		114,536.78			01-Jun-2005		7.625%		IL - 41.82%		Paid Off - 360		01-Feb-2005
68930502 1					114,536.78			01-Jun-2005		7.625%		IL - 41.82%		Paid Off - 360		01-Feb-2005
68930518 1			202,600.00		201,875.75			30-Jun-2005		7.750%		IL - 79.99%		Paid Off - 360		01-Feb-2005
68930518 1					201,875.75			30-Jun-2005		7.750%		IL - 79.99%		Paid Off - 360		01-Feb-2005
68930686 1			148,000.00		147,457.59			01-Jun-2005		7.625%		IL - 80.00%		Paid Off - 360		01-Feb-2005
68930686 1					147,457.59			01-Jun-2005		7.625%		IL - 80.00%		Paid Off - 360		01-Feb-2005
68931094 1			84,200.00		83,875.69			01-Jun-2005		7.375%		WI - 65.27%		Paid Off - 360		01-Feb-2005
68931094 1					83,875.69			01-Jun-2005		7.375%		WI - 65.27%		Paid Off - 360		01-Feb-2005
68931102 1			191,200.00		190,709.66			07-Jun-2005		9.375%		MD - 80.00%		Paid Off - 360		01-Feb-2005
68931102 1					190,709.66			07-Jun-2005		9.375%		MD - 80.00%		Paid Off - 360		01-Feb-2005
68931174 1			120,000.00		119,502.43			30-Jun-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Feb-2005
68931174 1					119,502.43			30-Jun-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Feb-2005
68931182 1			30,000.00		29,944.02			30-Jun-2005		10.875%		FL - 20.00%		Paid Off - 180		01-Feb-2005
68931182 1					29,944.02			30-Jun-2005		10.875%		FL - 20.00%		Paid Off - 180		01-Feb-2005
68931574 1			150,000.00		148,586.47			21-Jun-2005		7.250%		IL - 60.00%		Paid Off - 240		01-Feb-2005
68931574 1					148,586.47			21-Jun-2005		7.250%		IL - 60.00%		Paid Off - 240		01-Feb-2005
68931990 1			165,000.00		164,394.96			20-Jun-2005		7.625%		IL - 55.00%		Paid Off - 360		01-Feb-2005
68931990 1					164,394.96			20-Jun-2005		7.625%		IL - 55.00%		Paid Off - 360		01-Feb-2005
68931998 1			117,500.00		117,069.32			02-Jun-2005		7.625%		IL - 74.84%		Paid Off - 360		01-Feb-2005
68931998 1					117,069.32			02-Jun-2005		7.625%		IL - 74.84%		Paid Off - 360		01-Feb-2005
68932790 1			188,000.00		187,257.81			24-Jun-2005		7.250%		IL - 62.67%		Paid Off - 360		01-Feb-2005
68932790 1					187,257.81					7.250%		IL - 62.67%		Paid Off - 360


Page 18 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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

69861213 1			152,000.00		151,506.99			28-Jun-2005		7.100%		FL - 80.00%		Paid Off - 360		01-Mar-2005
			152,000.00

69861397 1			263,000.00		262,211.93			20-Jun-2005		7.500%		CA - 73.06%		Paid Off - 360		01-Mar-2005
69861397 1					262,211.93			20-Jun-2005		7.500%		CA - 73.06%		Paid Off - 360		01-Mar-2005
69861453 1			115,200.00		114,784.04			03-Jun-2005		7.700%		FL - 80.00%		Paid Off - 360		01-Feb-2005
69861453 1					114,784.04			03-Jun-2005		7.700%		FL - 80.00%		Paid Off - 360		01-Feb-2005
69861525 1			137,800.00		137,149.53			30-Jun-2005		6.700%		VA - 65.00%		Paid Off - 360		01-Feb-2005
69861525 1					137,149.53			30-Jun-2005		6.700%		VA - 65.00%		Paid Off - 360		01-Feb-2005
69861805 1			161,600.00		161,599.45			24-Jun-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Mar-2005
69861805 1					161,599.45			24-Jun-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Mar-2005
69861893 1			122,500.00		122,313.06			08-Jun-2005		10.750%		FL - 70.00%		Paid Off - 360		01-Mar-2005
69861893 1					122,313.06			08-Jun-2005		10.750%		FL - 70.00%		Paid Off - 360		01-Mar-2005
69861925 1			113,440.00		113,156.44			03-Jun-2005		8.400%		TX - 80.00%		Paid Off - 360		01-Mar-2005
69861925 1					113,156.44			03-Jun-2005		8.400%		TX - 80.00%		Paid Off - 360		01-Mar-2005
69862325 1			270,000.00		269,304.18			21-Jun-2005		8.250%		DC - 90.00%		Paid Off - 360		01-Mar-2005
69862325 1					269,304.18			21-Jun-2005		8.250%		DC - 90.00%		Paid Off - 360		01-Mar-2005


TOTAL			23,142,139.00		23,063,860.36
TOTAL


Page 19 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



															Total


Current
Current



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

Cumulative
Cumulative



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










Page 20 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution


DEFAULT SPEEDS



															Total



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


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


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


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












Page 21 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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 22 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

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 23 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Trigger Event in effect - a) or b) in effect (0=No ,								0
						a) Does a Delinquency Trigger Event Exists								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						Balances 60+ days includes Bankruptcy and Foreclosure								0.00
						Ending Balance								640,036,065.39
						Senior Enhancement Percentage								23.2100%
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Net Monthly Excess Cashflow														2,070,725.19
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

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




Page 24 of 25
GSAMP Trust 2005-HE2

Asset Backed Certificates
Asset Backed Certificates
2005-HE2

July 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT


CLASS







Page 25 of 25

GSAMP TRUST 2005-HE2 8-K