
                                     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):  August 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 GSAMP Trust 2005-HE1 Mortgage
                      Pass-Through Certificates Series 2005-HE1)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-04                          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
     August 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:  Aug 26, 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 August 25, 2005.



GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller
										1. Certificate Payment Report					2
				Goldman Sachs & Co.
										2. Collection Account Report					4

										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10

										6. REO Report					13

										7. Foreclosure Report					14
										8. Prepayment Report					17
										9. Prepayment Detail Report					20

										10. Realized Loss Report					25
										11. Realized Loss Detail Report					28
				Servicer(s)
										12. Triggers and Adj. Cert. Report					29
				Chase Manhattan Mortgage
										13. Other Related Information					30
				Countrywide Funding Corporation

				Ocwen Federal


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					30


				Dates						Contacts

				Cut-Off Date:			January 01, 2005			Hang Luu
				Close Date:			January 27, 2005			Administrator
				First Distribution Date:			February 25, 2005			(714) 247-6000
										hang-thai.luu@db.com

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			August 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			July 29, 2005
										Main Phone Number:			(714) 247-6000

							August 24, 2005


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






Page 1 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior												Current
	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-1A	FLT	$	248,741,000.00		201,805,694.68		644,626.40		11,646,657.44		12,291,283.84		0.00		0.00		190,159,037.24

A-1B	FLT	$	62,185,000.00		50,451,220.83		165,499.78		2,911,652.65		3,077,152.43		0.00		0.00		47,539,568.18
A-2A	FLT	$	91,591,000.00		55,981,170.17		173,518.28		7,967,583.59		8,141,101.87		0.00		0.00		48,013,586.58
A-2B	FLT	$	49,331,000.00		49,331,000.00		158,002.38		0.00		158,002.38		0.00		0.00		49,331,000.00
A-2C	FLT	$	25,890,000.00		25,890,000.00		85,598.08		0.00		85,598.08		0.00		0.00		25,890,000.00
A-2D	FLT	$	147,210,000.00		115,784,664.60		371,843.88		7,031,316.57		7,403,160.45		0.00		0.00		108,753,348.03
M-1	MEZ	$	54,086,000.00		54,086,000.00		184,408.45		0.00		184,408.45		0.00		0.00		54,086,000.00
M-2	MEZ	$	44,216,000.00		44,216,000.00		165,222.79		0.00		165,222.79		0.00		0.00		44,216,000.00
M-3	MEZ	$	11,844,000.00		11,844,000.00		45,991.30		0.00		45,991.30		0.00		0.00		11,844,000.00
B-1	SUB	$	12,238,000.00		12,238,000.00		53,316.51		0.00		53,316.51		0.00		0.00		12,238,000.00
B-2	SUB	$	9,475,000.00		9,475,000.00		42,094.92		0.00		42,094.92		0.00		0.00		9,475,000.00
B-3	SUB	$	7,896,000.00		7,896,000.00		41,878.26		0.00		41,878.26		0.00		0.00		7,896,000.00
B-4	SUB	$	9,475,000.00		9,475,000.00		47,368.63		0.00		47,368.63		0.00		0.00		9,475,000.00
X	EXE	$	15,396,748.31		15,396,707.59		1,434,026.53		0.00		1,434,026.53		0.00		0.00		15,396,707.59
P	SUB	$	0.00		0.00		622,730.62		0.00		622,730.62		0.00		0.00		0.00
UT-R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			789,574,748.31		663,870,457.87		4,236,126.81		29,557,210.25		33,793,337.06		0.00		0.00		634,313,247.62





Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current

	Period		Period						(with Notional)		Principal						Total	Principal

Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	07/25/05		08/24/05		A-Act/360		36242DRT2		248,741,000.00		811.308528		2.591557		46.822428		49.413984	764.486101
A-1B	07/25/05		08/24/05		A-Act/360		36242DRU9		62,185,000.00		811.308528		2.661410		46.822427		49.483837	764.486101
A-2A	07/25/05		08/24/05		A-Act/360		36242DRV7		91,591,000.00		611.208199		1.894491		86.990901		88.885391	524.217298
A-2B	07/25/05		08/24/05		A-Act/360		36242DSH7		49,331,000.00		1,000.000000		3.202902		0.000000		3.202902	1,000.000000
A-2C	07/25/05		08/24/05		A-Act/360		36242DSJ3		25,890,000.00		1,000.000000		3.306222		0.000000		3.306222	1,000.000000
A-2D	07/25/05		08/24/05		A-Act/360		36242DSK0		147,210,000.00		786.527169		2.525942		47.763851		50.289793	738.763318
M-1	07/25/05		08/24/05		A-Act/360		36242DRW5		54,086,000.00		1,000.000000		3.409541		0.000000		3.409541	1,000.000000
M-2	07/25/05		08/24/05		A-Act/360		36242DRX3		44,216,000.00		1,000.000000		3.736720		0.000000		3.736720	1,000.000000
M-3	07/25/05		08/24/05		A-Act/360		36242DRY1		11,844,000.00		1,000.000000		3.883088		0.000000		3.883088	1,000.000000
B-1	07/25/05		08/24/05		A-Act/360		36242DRZ8		12,238,000.00		1,000.000000		4.356636		0.000000		4.356636	1,000.000000
B-2	07/25/05		08/24/05		A-Act/360		36242DSA2		9,475,000.00		1,000.000000		4.442736		0.000000		4.442736	1,000.000000
B-3	07/25/05		08/24/05		A-Act/360		36242DSB0		7,896,000.00		1,000.000000		5.303731		0.000000		5.303731	1,000.000000
B-4	07/25/05		08/24/05		A-30/360		36242DSC8		9,475,000.00		1,000.000000		4.999328		0.000000		4.999328	1,000.000000
X	07/25/05		08/24/05		A-30/360		36242DSD6		15,396,748.31		999.997355		93.138272		0.000000		93.138272	999.997355
P	07/25/05		08/24/05		A-30/360		36242DSE4		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
UT-R	07/25/05		08/24/05		A-30/360		36242DSF1		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 2 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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-1A	248,741,000.00		4,272,784.53		57,265,059.01		1,316,903.75		58,581,962.76		62,854,747.29		0.00		0.00		190,159,037.24
A-1B	62,185,000.00		1,101,312.64		14,316,207.20		329,224.61		14,645,431.82		15,746,744.46		0.00		0.00		47,539,568.18
A-2A	91,591,000.00		1,380,150.79		42,713,281.20		864,132.22		43,577,413.42		44,957,564.21		0.00		0.00		48,013,586.58
A-2B	49,331,000.00		936,823.20		0.00		0.00		0.00		936,823.20		0.00		0.00		49,331,000.00
A-2C	25,890,000.00		509,786.70		0.00		0.00		0.00		509,786.70		0.00		0.00		25,890,000.00
A-2D	147,210,000.00		2,533,717.62		37,694,063.53		762,588.44		38,456,651.97		40,990,369.59		0.00		0.00		108,753,348.03
M-1	54,086,000.00		1,102,836.09		0.00		0.00		0.00		1,102,836.09		0.00		0.00		54,086,000.00
M-2	44,216,000.00		999,584.95		0.00		0.00		0.00		999,584.95		0.00		0.00		44,216,000.00
M-3	11,844,000.00		279,499.78		0.00		0.00		0.00		279,499.78		0.00		0.00		11,844,000.00
B-1	12,238,000.00		328,057.19		0.00		0.00		0.00		328,057.19		0.00		0.00		12,238,000.00
B-2	9,475,000.00		259,517.53		0.00		0.00		0.00		259,517.53		0.00		0.00		9,475,000.00
B-3	7,896,000.00		262,324.54		0.00		0.00		0.00		262,324.54		0.00		0.00		7,896,000.00
B-4	9,475,000.00		331,592.04		0.00		0.00		0.00		331,592.04		0.00		0.00		9,475,000.00
X	15,396,748.31		14,788,510.94		0.00		0.00		40.72		14,788,551.66		0.00		0.00		15,396,707.59
P	0.00		3,253,277.56		0.00		0.00		0.00		3,253,277.56		0.00		0.00		0.00
UT-R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	789,574,748.31		32,339,776.10		151,988,610.94		3,272,849.02		155,261,500.69		187,601,276.79		0.00		0.00		634,313,247.62


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


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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	3.71000%		201,805,694.68		644,713.14		86.73		0.00		0.00		644,626.41		644,626.40		0.00
A-1B	3.81000%		50,451,220.83		165,522.05		22.27		0.00		0.00		165,499.78		165,499.78		0.00
A-2A	3.60000%		55,981,170.17		173,541.63		23.35		0.00		0.00		173,518.28		173,518.28		0.00
A-2B	3.72000%		49,331,000.00		158,023.64		21.26		0.00		0.00		158,002.38		158,002.38		0.00
A-2C	3.84000%		25,890,000.00		85,609.60		11.52		0.00		0.00		85,598.08		85,598.08		0.00
A-2D	3.73000%		115,784,664.60		371,893.91		50.03		0.00		0.00		371,843.88		371,843.88		0.00
M-1	3.96000%		54,086,000.00		184,433.26		24.81		0.00		0.00		184,408.45		184,408.45		0.00
M-2	4.34000%		44,216,000.00		165,245.02		22.23		0.00		0.00		165,222.79		165,222.79		0.00
M-3	4.51000%		11,844,000.00		45,997.49		6.19		0.00		0.00		45,991.30		45,991.30		0.00
B-1	5.06000%		12,238,000.00		53,323.69		7.17		0.00		0.00		53,316.52		53,316.51		0.00
B-2	5.16000%		9,475,000.00		42,100.58		5.66		0.00		0.00		42,094.92		42,094.92		0.00
B-3	6.16000%		7,896,000.00		41,883.89		5.63		0.00		0.00		41,878.26		41,878.26		0.00
B-4	6.00000%		9,475,000.00		47,375.00		6.37		0.00		0.00		47,368.63		47,368.63		0.00
X	111.76622%		15,396,707.59		0.00		0.00		0.00		0.00		0.00		1,434,026.53		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		622,730.62		0.00
UT-R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			663,870,457.87		2,179,662.90		293.22		0.00		0.00		2,179,369.68		4,236,126.81		0.00



Page 3 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Collection Account Report
SUMMARY

										Group 2		Group 1		Total
Principal Collections										14,882,653.89		14,445,478.53		29,328,132.42
Principal Withdrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										14,882,653.89		14,445,478.53		29,328,132.42
Interest Collections										1,936,054.85		1,958,233.26		3,894,288.11
Interest Withdrawals										-6,956.14		-840.57		-7,796.71
Interest Fees										-21,040.93		-22,976.44		-44,017.38
Interest Other Accounts														622,730.62
TOTAL NET INTEREST										1,908,057.78		1,934,416.25		4,465,204.64
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														33,793,337.06



PRINCIPAL - COLLECTIONS

											Group 2		Group 1		Total
Scheduled Principal Received											209,723.43		216,960.69		426,684.12
Curtailments											43,478.84		185,762.09		229,240.93
Prepayments In Full											14,512,738.72		13,627,626.99		28,140,365.71
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											216,649.61		544,269.88		760,919.49
Insurance Principal											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-188,567.92		-191,885.21		-380,453.13
Realized Losses											-99,936.71		-129,141.12		-229,077.83
Advanced Principal											188,567.92		191,885.21		380,453.13
TOTAL PRINCIPAL COLLECTED											14,882,653.89		14,445,478.53		29,328,132.42


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

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





Page 4 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

INTEREST - COLLECTIONS

										Group 2		Group 1		Total
Scheduled Interest										2,052,245.58		2,072,461.59		4,124,707.17
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										1,811.68		3,977.17		5,788.85
Insurance Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-34,807.84		-35,426.20		-70,234.04
Delinquent Interest										-1,761,732.94		-1,767,613.44		-3,529,346.38
Compensating Interest										34,807.84		35,426.20		70,234.04
Civil Relief Act Shortfalls										-0.00		-293.23		-293.23
Interest Advanced										1,643,730.54		1,649,701.17		3,293,431.71
TOTAL INTEREST COLLECTED										1,936,054.85		1,958,233.26		3,894,288.11


INTEREST - WITHDRAWALS

										Group 2		Group 1		Total
Non-Recoverable Advances										0.00		0.00		0.00
Reimbursements to Master Servicer										0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS										6,956.14		840.57		7,796.71



INTEREST - OTHER ACCOUNTS

										Group 2		Group 1		Total
Prepayment Charges														622,730.62
Interest Cap Payment														0.00
TOTAL INTEREST OTHER ACCOUNTS														622,730.62



INTEREST - FEES

										Group 2		Group 1		Total
Current Servicing Fees										19,392.19		21,305.83		40,698.02
Trustee Fees										1,648.74		1,670.62		3,319.36
TOTAL INTEREST FEES										21,040.93		22,976.44		44,017.38




Page 5 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

										Group 2		Group 1		Total
Beginning Excess Reserve Fund Account Balance														0.00
Basis Risk CarryOver Deposit														0.00
Interest Cap Payment Deposit														0.00
Basis Risk CarryOver Amount Paid														0.00
Interest Cap Pmt Amount Released to Class X														0.00
Ending Excess Reserve Fund Account Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

										Group 2		Group 1		Total
Overcollateralized Amount														15,396,707.59
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														229,077.83
Overcollateralization Target Amount														15,396,707.59





Page 6 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										2,324		2,699		5,023
Prior										1,978		2,329		4,307
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-67		-90		-157
Repurchases										-0		-0		-0
Liquidations										-11		-6		-17
Current										1,900		2,233		4,133
Principal Balance:


Original										396,743,119.54		392,831,628.77		789,574,748.31
Prior										329,747,039.72		334,123,418.15		663,870,457.87
Prefunding										0.00		0.00		0.00
Scheduled Principal										-209,723.43		-216,960.69		-426,684.12
Partial Prepayments										-43,478.84		-185,762.09		-229,240.93
Full Voluntary Prepayments										-14,512,738.72		-13,627,626.99		-28,140,365.71
Repurchases										-0.00		-0.00		-0.00
Liquidations										-216,649.61		-544,269.88		-760,919.49
Current										314,764,449.12		319,548,798.50		634,313,247.62





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Coupon Original										7.51093%		7.54068%		7.52573%
Weighted Average Coupon Prior										7.47842%		7.49191%		7.48516%
Weighted Average Coupon Current										7.47503%		7.48303%		7.47906%
Weighted Average Months to Maturity Original										350		350		350
Weighted Average Months to Maturity Prior										344		345		344
Weighted Average Months to Maturity Current										343		344		343
Weighted Avg Remaining Amortization Term Original										350		350		350
Weighted Avg Remaining Amortization Term Prior										344		345		344
Weighted Avg Remaining Amortization Term Current										343		344		343
Weighted Average Seasoning Original										5.10		4.98		5.04
Weighted Average Seasoning Prior										10.07		9.95		10.01
Weighted Average Seasoning Current										11.06		10.96		11.01









Page 8 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

ARM CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Margin Original										6.95844%		6.94757%		6.95298%
Weighted Average Margin Prior										6.94587%		6.93170%		6.93871%
Weighted Average Margin Current										6.93806%		6.92867%		6.93327%
Weighted Average Max Rate Original										14.29522%		14.30112%		14.29818%
Weighted Average Max Rate Prior										14.25423%		14.25058%		14.25238%
Weighted Average Max Rate Current										14.24887%		14.24052%		14.24460%
Weighted Average Min Rate Original										7.33875%		7.35674%		7.34778%
Weighted Average Min Rate Prior										7.29659%		7.30453%		7.30061%
Weighted Average Min Rate Current										7.29152%		7.29591%		7.29376%
Weighted Average Cap Up Original										1.25838%		1.24206%		1.25019%
Weighted Average Cap Up Prior										1.26182%		1.24175%		1.25168%
Weighted Average Cap Up Current										1.26394%		1.23939%		1.25141%
Weighted Average Cap Down Original										1.25838%		1.24206%		1.25019%
Weighted Average Cap Down Prior										1.26182%		1.24175%		1.25168%
Weighted Average Cap Down Current										1.26394%		1.23939%		1.25141%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										19,392.19		21,305.83		40,698.02
Delinquent Servicing Fees										118,002.41		117,912.27		235,914.68
TOTAL SERVICING FEES										137,394.61		139,218.10		276,612.71


Total Servicing Fees										137,394.61		139,218.10		276,612.71
Compensating Interest										-34,807.84		-35,426.20		-70,234.04
Delinquent Servicing Fees										-118,002.41		-117,912.27		-235,914.68
COLLECTED SERVICING FEES										19,392.19		21,305.83		-29,536.01


Total Advanced Interest										1,643,730.54		1,649,701.17		3,293,431.71
Total Advanced Principal										188,567.92		191,885.21		380,453.13
Aggregate Advances with respect to this Distribution										1,832,298.45		1,841,586.38		3,673,884.83





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										34,807.84		35,426.20		70,234.04
Compensating Interest										-34,807.84		-35,426.20		-70,234.04
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00


Ending Pool Stated Principal Balance										314,764,449.12		319,548,798.50		634,313,247.62
Weighted Average Net Mortgage Rate										6.943715%		6.947431%		6.945585%




Page 9 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				18,227,674.96		4,683,103.15		4,074,453.31		26,985,231.42
			% Balance				2.87%		0.74%		0.64%		4.25%
			# Loans				117		44		47		208
			% # Loans				2.83%		1.06%		1.14%		5.03%
	FORECLOSURE		Balance		89,250.85		149,180.57		2,252,805.62		18,016,322.29		20,507,559.33
			% Balance		0.01%		0.02%		0.36%		2.84%		3.23%
			# Loans		1		1		12		89		103
			% # Loans		0.02%		0.02%		0.29%		2.15%		2.49%
	BANKRUPTCY		Balance		920,168.03		31,867.44		122,828.34		1,355,907.66		2,430,771.47
			% Balance		0.15%		0.01%		0.02%		0.21%		0.38%
			# Loans		9		1		1		13		24
			% # Loans		0.22%		0.02%		0.02%		0.31%		0.58%
	REO		Balance		0.00		0.00		0.00		1,130,440.11		1,130,440.11
			% Balance		0.00%		0.00%		0.00%		0.18%		0.18%
			# Loans		0		0		0		7		7
			% # Loans		0.00%		0.00%		0.00%		0.17%		0.17%
	TOTAL		Balance		1,009,418.88		18,408,722.97		7,058,737.11		24,577,123.37		51,054,002.33
			% Balance		0.16%		2.90%		1.11%		3.87%		8.05%
			# Loans		10		119		57		156		342
			% # Loans		0.24%		2.88%		1.38%		3.77%		8.27%









Page 10 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				9,423,465.60		2,720,913.51		2,415,671.25		14,560,050.36
			% Balance				2.95%		0.85%		0.76%		4.56%
			# Loans				65		27		24		116
			% # Loans				2.91%		1.21%		1.07%		5.19%
	FORECLOSURE		Balance		89,250.85		0.00		1,451,238.72		6,929,530.78		8,470,020.35
			% Balance		0.03%		0.00%		0.45%		2.17%		2.65%
			# Loans		1		0		8		40		49
			% # Loans		0.04%		0.00%		0.36%		1.79%		2.19%
	BANKRUPTCY		Balance		453,833.56		31,867.44		122,828.34		1,067,146.06		1,675,675.40
			% Balance		0.14%		0.01%		0.04%		0.33%		0.52%
			# Loans		5		1		1		7		14
			% # Loans		0.22%		0.04%		0.04%		0.31%		0.63%
	REO		Balance		0.00		0.00		0.00		888,641.74		888,641.74
			% Balance		0.00%		0.00%		0.00%		0.28%		0.28%
			# Loans		0		0		0		5		5
			% # Loans		0.00%		0.00%		0.00%		0.22%		0.22%
	TOTAL		Balance		543,084.41		9,455,333.04		4,294,980.57		11,300,989.83		25,594,387.85
			% Balance		0.17%		2.96%		1.34%		3.54%		8.01%
			# Loans		6		66		36		76		184
			% # Loans		0.27%		2.96%		1.61%		3.40%		8.24%










Page 11 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				8,804,209.36		1,962,189.64		1,658,782.06		12,425,181.06
			% Balance				2.80%		0.62%		0.53%		3.95%
			# Loans				52		17		23		92
			% # Loans				2.74%		0.89%		1.21%		4.84%
	FORECLOSURE		Balance		0.00		149,180.57		801,566.90		11,086,791.51		12,037,538.98
			% Balance		0.00%		0.05%		0.25%		3.52%		3.82%
			# Loans		0		1		4		49		54
			% # Loans		0.00%		0.05%		0.21%		2.58%		2.84%
	BANKRUPTCY		Balance		466,334.47		0.00		0.00		288,761.60		755,096.07
			% Balance		0.15%		0.00%		0.00%		0.09%		0.24%
			# Loans		4		0		0		6		10
			% # Loans		0.21%		0.00%		0.00%		0.32%		0.53%
	REO		Balance		0.00		0.00		0.00		241,798.37		241,798.37
			% Balance		0.00%		0.00%		0.00%		0.08%		0.08%
			# Loans		0		0		0		2		2
			% # Loans		0.00%		0.00%		0.00%		0.11%		0.11%
	TOTAL		Balance		466,334.47		8,953,389.93		2,763,756.54		13,276,133.54		25,459,614.48
			% Balance		0.15%		2.84%		0.88%		4.22%		8.09%
			# Loans		4		53		21		80		158
			% # Loans		0.21%		2.79%		1.11%		4.21%		8.32%









Page 12 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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
80006525 1
			143,932.00		142,276.22		01-Jan-2005		7.400%		TX - 80.00%		360		01-Jul-2004

80010478 1			79,200.00		78,526.27		01-Dec-2004		7.450%		MI - 90.00%		360		01-Oct-2004
6000109542 1			264,000.00		261,797.81		01-Oct-2004		7.550%		GA - 80.00%		360		01-Oct-2004
6000110143 1			55,250.00		55,063.12		01-Feb-2005		11.900%		MI - 65.00%		360		01-Oct-2004
6000114906 1			351,000.00		350,978.32		01-Mar-2005		5.400%		MD - 64.00%		360		01-Oct-2004
5000108172 2			136,800.00		135,645.78		01-Feb-2005		7.950%		GA - 90.00%		360		01-Sep-2004
5000109293 2			107,100.00		106,152.59		01-Oct-2004		7.250%		GA - 90.00%		360		01-Oct-2004


TOTAL			1,137,282.00		1,130,440.11


Page 13 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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
80008105 1
			102,000.00		101,177.36		01-Jan-2005		8.600%		FL - 85.00%		360		01-Aug-2004

80013844 1			270,400.00		268,544.50		01-Apr-2005		7.490%		CA - 80.00%		360		01-Dec-2004
1000167297 1			238,500.00		235,462.42		01-Jan-2005		7.350%		GA - 90.00%		360		01-Jun-2004
1000180034 1			116,000.00		115,615.24		01-Nov-2004		11.990%		NJ - 62.00%		360		01-Oct-2004
1000184152 1			117,000.00		115,865.57		01-Mar-2005		7.000%		AZ - 90.00%		360		01-Oct-2004
1000186313 1			276,800.00		274,351.63		01-Dec-2004		7.250%		CA - 80.00%		360		01-Oct-2004
1000186985 1			150,000.00		149,314.84		01-Apr-2005		10.500%		CA - 61.00%		360		01-Oct-2004
1000190033 1			200,000.00		198,106.89		01-Mar-2005		6.900%		NV - 80.00%		360		01-Oct-2004
1000190523 1			144,000.00		142,951.87		01-Apr-2005		8.250%		CA - 47.00%		360		01-Oct-2004
3027403698 1			123,000.00		121,838.14		01-Apr-2005		7.375%		FL - 53.00%		360		01-Sep-2004
3027405386 1			204,000.00		202,817.48		01-Feb-2005		8.875%		FL - 85.00%		360		01-Nov-2004
3029403518 1			96,000.00		94,996.59		01-Mar-2005		6.875%		NC - 80.00%		360		01-Sep-2004
3029404145 1			37,000.00		36,867.16		01-Sep-2004		11.625%		PA - 20.00%		360		01-Oct-2004
3029404199 1			165,000.00		163,993.76		01-Mar-2005		8.625%		FL - 75.00%		360		01-Nov-2004
3029404694 1			89,500.00		89,020.46		01-Feb-2005		9.750%		WI - 90.00%		360		01-Oct-2004
3029405078 1			177,600.00		176,402.25		01-Oct-2004		8.125%		VA - 80.00%		360		01-Dec-2004
3029405402 1			94,800.00		94,313.71		01-Mar-2005		9.375%		KY - 80.00%		360		01-Dec-2004
3058403354 1			149,000.00		147,724.13		01-Dec-2004		7.875%		MI - 79.00%		360		01-Sep-2004
3058403400 1			79,200.00		78,355.93		01-Feb-2005		6.750%		KY - 80.00%		360		01-Sep-2004
3058404756 1			60,000.00		59,694.16		01-Mar-2005		9.500%		MI - 80.00%		360		01-Nov-2004
3076400694 1			183,000.00		180,765.69		01-Sep-2004		7.250%		IL - 99.00%		360		01-Jun-2004
3076401325 1			86,700.00		85,319.17		01-Apr-2005		9.125%		MI - 85.00%		360		01-Sep-2004
3076401921 1			306,850.00		304,265.24		01-Feb-2005		7.500%		IL - 85.00%		360		01-Oct-2004
3076402078 1			292,000.00		290,269.17		01-Dec-2004		9.250%		MI - 100.00%		360		01-Oct-2004
3076402113 1			51,000.00		50,677.94		01-Mar-2005		9.625%		MI - 85.00%		360		01-Nov-2004
3076402145 1			226,750.00		225,594.04		#######		9.500%		IL - 85.00%		360		01-Nov-2004
3083400330 1			164,500.00		163,213.04		01-Apr-2005		7.875%		RI - 72.00%		360		01-Oct-2004
5000094531 1			352,000.00		347,984.10		01-Oct-2004		7.600%		TX - 80.00%		360		01-Jun-2004
5000105348 1			238,500.00		236,236.30		01-Dec-2004		7.350%		MA - 87.00%		360		01-Sep-2004
5000105687 1			280,000.00		278,047.69		01-Mar-2005		8.900%		IL - 80.00%		360		01-Sep-2004
5000106085 1			90,000.00		89,250.85		01-Jun-2005		8.850%		TX - 75.00%		360		01-Oct-2004
5000109346 1			280,000.00		278,105.19		01-Jan-2005		8.600%		NJ - 80.00%		360		01-Oct-2004
5000110323 1			90,000.00		89,425.79		01-Feb-2005		8.890%		IL - 75.00%		360		01-Oct-2004
5240403332 1			328,000.00		328,000.00		01-Mar-2005		7.000%		CA - 80.00%		360		01-Aug-2004
5240403505 1			167,850.00		166,103.40		01-Sep-2004		6.875%		CO - 80.00%		360		01-Sep-2004
5240403508 1			41,950.00		41,813.59		01-Oct-2004		12.500%		CO - 20.00%		180		01-Sep-2004
5272400262 1			305,150.00		303,381.21		01-Oct-2004		8.875%		NV - 85.00%		360		01-Nov-2004
5277401519 1			141,600.00		140,421.64		01-Mar-2005		7.625%		IL - 80.00%		360		01-Oct-2004
5277401711 1			221,000.00		219,655.98		01-Oct-2004		9.125%		IL - 85.00%		360		01-Oct-2004
5289400605 1			71,000.00		70,497.28		01-Jan-2005		8.375%		SD - 75.00%		360		01-Oct-2004
6000103521 1			196,000.00		196,000.00		01-Jan-2005		7.300%		GA - 80.00%		360		01-Aug-2004
6000108297 1			84,500.00		84,198.12		01-Mar-2005		11.650%		FL - 65.00%		360		01-Oct-2004
6000110032 1			175,000.00		173,999.36		01-Mar-2005		9.425%		NJ - 68.00%		360		01-Oct-2004
7000115843 1			181,800.00		180,377.63		01-Jan-2005		7.875%		CA - 90.00%		360		01-Oct-2004
8000013643 1			265,500.00		265,500.00		01-Mar-2005		7.350%		NJ - 90.00%		360		01-Aug-2004
8000018676 1			173,550.00		172,790.14		01-Feb-2005		10.700%		RI - 65.00%		360		01-Oct-2004
8000018772 1			140,000.00		139,387.66		01-Dec-2004		10.700%		MA - 49.00%		360		01-Oct-2004
8000019328 1			296,820.00		294,463.12		01-Apr-2005		7.800%		NY - 90.00%		360		01-Oct-2004
8000020167 1			209,000.00		206,862.92		01-Feb-2005		6.500%		NJ - 84.00%		360		01-Oct-2004


Page 14 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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
80006073 2
			112,000.00		110,711.40		01-Nov-2004		7.300%		CO - 80.00%		360		01-Jul-2004

80009914 2			221,250.00		219,130.97		01-Jan-2005		7.450%		CO - 75.00%		360		01-Sep-2004
80010544 2			415,200.00		409,397.91		01-Jan-2005		5.300%		CA - 80.00%		360		01-Sep-2004
1000153563 2			24,700.00		24,332.18		01-Sep-2004		11.500%		AZ - 20.00%		240		01-Apr-2004
1000178013 2			648,750.00		641,499.91		01-Feb-2005		6.500%		CA - 75.00%		360		01-Sep-2004
1000184213 2			480,000.00		475,098.96		01-Apr-2005		6.700%		CA - 80.00%		360		01-Oct-2004
1000184273 2			463,200.00		463,200.00		01-Jan-2005		5.990%		CA - 80.00%		360		01-Oct-2004
1000186084 2			100,000.00		99,259.13		01-Jan-2005		8.600%		ME - 49.00%		360		01-Sep-2004
1000188696 2			230,000.00		228,117.67		01-Feb-2005		7.650%		CA - 51.00%		360		01-Oct-2004
1000189543 2			191,250.00		190,125.14		01-Feb-2005		9.300%		CA - 75.00%		360		01-Oct-2004
1000189842 2			367,200.00		363,412.08		01-Nov-2004		6.450%		CA - 80.00%		360		01-Oct-2004
1000190876 2			275,800.00		273,588.22		01-Feb-2005		7.750%		CA - 70.00%		360		01-Oct-2004
3029401278 2			15,000.00		14,935.98		01-Feb-2005		11.250%		FL - 20.00%		180		01-Sep-2004
3029402130 2			53,100.00		52,737.57		01-Mar-2005		8.875%		PA - 90.00%		360		01-Oct-2004
3029404181 2			295,200.00		292,111.32		01-Mar-2005		6.375%		FL - 80.00%		360		01-Oct-2004
3029405425 2			129,200.00		128,528.53		01-Mar-2005		8.875%		VA - 85.00%		360		01-Dec-2004
3058405113 2			115,000.00		114,262.37		01-Feb-2005		8.375%		RI - 74.00%		360		01-Nov-2004
3076400904 2			288,000.00		285,086.04		01-Mar-2005		7.875%		IL - 90.00%		360		01-Jul-2004
3076401483 2			176,000.00		174,929.69		01-Apr-2005		9.125%		IL - 80.00%		360		01-Oct-2004
3076402077 2			163,000.00		161,692.90		01-Nov-2004		7.750%		IL - 78.00%		360		01-Oct-2004
5000101410 2			51,300.00		50,933.30		01-Dec-2004		9.200%		IN - 90.00%		360		01-Aug-2004
5000102697 2			454,000.00		449,286.94		01-Feb-2005		7.500%		TX - 80.00%		360		01-Aug-2004
5000109194 2			59,040.00		58,632.29		01-Dec-2004		8.500%		OK - 90.00%		360		01-Oct-2004
5000109252 2			222,400.00		220,998.18		01-Mar-2005		8.950%		MA - 80.00%		360		01-Oct-2004
5000109421 2			55,600.00		55,444.72		01-Feb-2005		12.775%		MA - 20.00%		360		01-Oct-2004
5000109504 2			100,000.00		99,025.81		01-Nov-2004		6.750%		MA - 80.00%		360		01-Oct-2004
5000109867 2			118,400.00		117,487.68		01-Mar-2005		8.490%		MN - 80.00%		360		01-Sep-2004
5000110361 2			171,546.00		170,154.10		01-Mar-2005		7.990%		IL - 80.00%		360		01-Oct-2004
5000113650 2			129,276.00		128,427.31		01-Nov-2004		8.750%		TX - 90.00%		360		01-Oct-2004
5240405077 2			456,000.00		455,999.50		01-Mar-2005		7.125%		CA - 80.00%		360		01-Oct-2004
5243402270 2			468,000.00		464,695.87		01-Mar-2005		9.250%		CA - 90.00%		360		01-Aug-2004
5243403138 2			49,000.00		48,836.13		01-Apr-2005		12.375%		CA - 20.00%		360		01-Sep-2004
5243403794 2			420,000.00		419,171.17		01-Mar-2005		7.375%		CA - 80.00%		360		01-Oct-2004
5243405586 2			102,800.00		102,161.66		01-Feb-2005		8.000%		AZ - 80.00%		360		01-Dec-2004
5243405669 2			500,000.00		496,183.20		01-Feb-2005		7.500%		CA - 72.00%		360		01-Nov-2004
5248400317 2			105,300.00		104,679.45		01-Mar-2005		10.125%		AZ - 90.00%		360		01-Aug-2004
5266401417 2			64,000.00		63,562.75		01-Feb-2005		9.000%		IA - 80.00%		360		01-Sep-2004
5277402253 2			153,000.00		151,743.26		01-Mar-2005		7.125%		IL - 83.00%		360		01-Nov-2004
5282401493 2			150,300.00		149,180.57		01-May-2005		7.625%		IL - 90.00%		360		01-Nov-2004
6000098000 2			235,000.00		232,601.49		01-Mar-2005		7.800%		MA - 72.00%		360		01-Jul-2004
6000100836 2			110,400.00		108,979.85		01-Dec-2004		6.600%		IL - 80.00%		360		01-Jul-2004
6000106122 2			144,000.00		142,543.18		01-Mar-2005		7.450%		SC - 90.00%		360		01-Aug-2004
6000109786 2			144,000.00		142,995.86		01-Jan-2005		8.900%		FL - 80.00%		360		01-Sep-2004
6000110398 2			37,795.00		37,694.99		01-Dec-2004		11.500%		GA - 20.00%		360		01-Sep-2004
6000110959 2			144,000.00		143,119.69		01-Jan-2005		9.100%		FL - 80.00%		360		01-Oct-2004
6000112571 2			103,500.00		102,702.12		01-Apr-2005		7.950%		GA - 90.00%		360		01-Oct-2004
6000113361 2			405,600.00		401,723.78		01-Dec-2004		6.850%		GA - 80.00%		360		01-Oct-2004
7000112488 2			167,000.00		165,446.45		01-Mar-2005		6.990%		CA - 56.00%		360		01-Oct-2004
7000112946 2			432,000.00		428,056.80		01-Oct-2004		7.550%		CA - 80.00%		360		01-Sep-2004
7000114136 2			552,000.00		547,164.75		01-Oct-2004		7.300%		CA - 80.00%		360		01-Oct-2004
8000009943 2			185,000.00		181,960.81		01-Mar-2005		5.950%		NY - 53.00%		360		01-Jun-2004


Page 15 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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
8000015835 2
			225,000.00		223,213.38		01-Mar-2005		7.800%		MA - 68.00%		360		01-Oct-2004

8000017799 2			340,000.00		340,000.00		01-Jan-2005		6.800%		NY - 80.00%		360		01-Oct-2004
8000019522 2			312,800.00		310,573.97		01-Feb-2005		8.350%		NY - 80.00%		360		01-Oct-2004


TOTAL			20,661,727.00		20,507,559.33


Page 16 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										67		90		157
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										67		90		157
Curtailments Amount										43,478.84		185,762.09		229,240.93
Paid in Full Balance										14,512,738.72		13,627,626.99		28,140,365.71
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										14,556,217.56		13,813,389.08		28,369,606.64

Cumulative


Number of Paid in Full Loans										384		424		808
Number of Repurchased Loans										19		19		38
Total Number of Loans Prepaid in Full										403		443		846
Paid in Full Balance										75,595,895.10		66,924,561.86		142,520,456.96
Repurchased Loans Balance										2,739,434.05		2,820,527.53		5,559,961.58
Curtailments Amount										596,825.34		631,995.19		1,228,820.53
Total Prepayment Amount										78,932,154.49		70,377,084.58		149,309,239.07










Page 17 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


											Group 2		Group 1		Total



SMM										4.48%		4.30%		4.39%
3 Months Avg SMM										4.43%		3.58%		4.01%
12 Months Avg SMM										3.19%		2.84%		3.02%
Avg SMM Since Cut-off										3.19%		2.84%		3.02%


CPR										42.33%		40.99%		41.66%
3 Months Avg CPR										41.93%		35.44%		38.77%
12 Months Avg CPR										32.24%		29.27%		30.77%
Avg CPR Since Cut-off										32.24%		29.27%		30.77%


PSA										1,913.41%		1,869.95%		1,891.80%
3 Months Avg PSA Approximation										2,082.00%		1,779.86%		1,935.97%
12 Months Avg PSA Approximation										1,994.89%		1,837.36%		1,917.55%
Avg PSA Since Cut-off Approximation										1,994.88%		1,837.37%		1,917.55%










Page 18 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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 19 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

80003011 2			362,000.00		359,337.90			15-Jul-2005		10.125%		CA - 70.00%		Paid Off - 360		01-Apr-2004


80007609 2			71,800.00		71,402.21			20-Jul-2005		9.990%		CA - 20.00%		Paid Off - 180		01-Aug-2004

80014211 1			40,000.00		39,822.38			29-Jul-2005		9.050%		WI - 78.00%		Paid Off - 360		01-Dec-2004

80014331 1			232,700.00		231,127.36			05-Jul-2005		6.950%		MD - 89.00%		Paid Off - 360		01-Dec-2004

80014661 1			117,500.00		116,698.13			18-Jul-2005		6.900%		AL - 81.00%		Paid Off - 360		01-Dec-2004

80015071 1			136,800.00		136,154.02			05-Jul-2005		8.750%		AZ - 90.00%		Paid Off - 360		01-Dec-2004

80015235 1			226,800.00		225,490.12			18-Jul-2005		7.750%		MO - 84.00%		Paid Off - 360		01-Dec-2004

1000170257 1			38,400.00		37,686.78			28-Jul-2005		9.750%		NM - 20.00%		Paid Off - 240		01-Jul-2004

1000175917 1			75,000.00		74,582.16			15-Jul-2005		9.990%		IL - 28.00%		Paid Off - 360		01-Aug-2004

1000178718 2			427,500.00		423,559.08			25-Jul-2005		7.500%		NJ - 90.00%		Paid Off - 360		01-Aug-2004

1000181093 1			112,500.00		111,453.50			18-Jul-2005		6.990%		CA - 90.00%		Paid Off - 360		01-Sep-2004

1000182647 1			306,000.00		302,999.28			19-Jul-2005		6.200%		NY - 90.00%		Paid Off - 360		01-Oct-2004

1000182841 1			252,000.00		250,439.62			08-Jul-2005		8.550%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000183201 2			423,300.00		422,946.93			21-Jul-2005		5.990%		CA - 85.00%		Paid Off - 360		01-Sep-2004

1000184093 1			6,250.00		5,939.87			18-Jul-2005		12.249%		CA - 5.00%		Paid Off - 120		01-Sep-2004

1000186170 2			180,000.00		178,482.25			26-Jul-2005		6.990%		NH - 75.00%		Paid Off - 360		01-Oct-2004

1000187227 2			475,000.00		470,805.16			25-Jul-2005		6.750%		CA - 64.00%		Paid Off - 360		01-Oct-2004

1000187541 2			440,000.00		434,957.23			21-Jul-2005		5.400%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000187831 2			360,000.00		356,728.03			22-Jul-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000187877 1			250,000.00		248,146.98			29-Jul-2005		7.650%		CA - 70.00%		Paid Off - 360		01-Oct-2004

1000188263 1			189,000.00		187,264.74			11-Jul-2005		6.550%		CA - 70.00%		Paid Off - 360		01-Oct-2004

1000188776 2			110,000.00		109,484.51			21-Jul-2005		9.990%		CA - 20.00%		Paid Off - 360		01-Oct-2004

1000189035 2			225,000.00		222,559.65			07-Jul-2005		5.950%		CA - 90.00%		Paid Off - 360		01-Oct-2004

1000189236 1			175,000.00		173,385.73			19-Jul-2005		6.750%		CA - 70.00%		Paid Off - 360		01-Oct-2004

1000189883 1			195,000.00		194,349.23			06-Jul-2005		11.500%		CA - 70.00%		Paid Off - 360		01-Oct-2004

1000190030 2			242,400.00		240,852.89			05-Jul-2005		8.400%		NV - 80.00%		Paid Off - 360		01-Oct-2004

1000190251 2			60,600.00		60,414.57			05-Jul-2005		11.900%		NV - 20.00%		Paid Off - 360		01-Oct-2004

1000190626 1			204,000.00		202,586.57			06-Jul-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000191241 1			267,992.00		266,138.81			22-Jul-2005		8.000%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000191418 2			66,998.00		66,748.98			22-Jul-2005		11.000%		CA - 20.00%		Paid Off - 360		01-Oct-2004

1000191780 2			122,000.00		120,891.15			20-Jul-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Oct-2004

1000191921 2			89,600.00		88,979.20			25-Jul-2005		7.990%		WA - 80.00%		Paid Off - 360		01-Oct-2004

3027402843 2			40,000.00		39,829.39			28-Jul-2005		11.250%		FL - 20.00%		Paid Off - 180		01-Aug-2004

3027403282 1			124,800.00		123,584.25			11-Jul-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Sep-2004

3027403384 1			112,500.00		111,480.53			18-Jul-2005		7.125%		FL - 75.00%		Paid Off - 360		01-Sep-2004

3027403449 1			83,800.00		82,880.81			07-Jul-2005		6.125%		VA - 80.00%		Paid Off - 360		01-Sep-2004

3027403450 1			21,000.00		20,918.32			07-Jul-2005		11.250%		VA - 20.00%		Paid Off - 360		01-Sep-2004



Page 20 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

3027403749 1			124,000.00		124,000.00			27-Jul-2005		7.500%		FL - 80.00%		Paid Off - 360		01-Sep-2004


3027404529 1			27,800.00		27,672.03			21-Jul-2005		9.990%		FL - 20.00%		Paid Off - 180		01-Oct-2004

3027404540 2			85,600.00		85,022.21			25-Jul-2005		8.125%		NC - 80.00%		Paid Off - 360		01-Oct-2004

3027404833 2			158,100.00		157,209.36			11-Jul-2005		7.875%		FL - 85.00%		Paid Off - 360		01-Dec-2004

3027404965 2			96,000.00		95,580.24			31-Jul-2005		9.125%		IN - 80.00%		Paid Off - 360		01-Dec-2004

3027405103 1			228,750.00		226,558.89			27-Jul-2005		5.750%		FL - 79.00%		Paid Off - 360		01-Nov-2004

3027405297 2			380,000.00		377,859.24			31-Jul-2005		7.875%		FL - 100.00%		Paid Off - 360		01-Dec-2004

3027405307 1			78,300.00		77,890.84			12-Jul-2005		8.250%		FL - 90.00%		Paid Off - 360		01-Dec-2004

3027405493 2			148,750.00		147,932.71			01-Jul-2005		8.000%		FL - 85.00%		Paid Off - 360		01-Dec-2004

3027405550 2			140,000.00		139,118.48			31-Jul-2005		7.625%		PA - 80.00%		Paid Off - 360		01-Dec-2004

3029402928 2			60,400.00		60,014.39			26-Jul-2005		9.250%		FL - 20.00%		Paid Off - 180		01-Aug-2004

3029403365 1			76,500.00		76,101.54			14-Jul-2005		9.875%		IN - 90.00%		Paid Off - 360		01-Sep-2004

3029403449 1			114,400.00		113,491.23			15-Jul-2005		7.875%		FL - 80.00%		Paid Off - 360		01-Sep-2004

3029403768 2			161,500.00		160,201.70			19-Jul-2005		7.750%		MD - 85.00%		Paid Off - 360		01-Sep-2004

3029404254 1			96,000.00		95,314.72			11-Jul-2005		8.125%		GA - 75.00%		Paid Off - 360		01-Oct-2004

3029404616 1			161,600.00		160,482.60			05-Jul-2005		8.000%		MD - 80.00%		Paid Off - 360		01-Oct-2004

3029404730 1			121,500.00		120,930.18			06-Jul-2005		9.375%		PA - 90.00%		Paid Off - 360		01-Nov-2004

3029405064 2			220,500.00		219,607.94			31-Jul-2005		9.500%		FL - 90.00%		Paid Off - 360		01-Dec-2004

3029405088 1			269,500.00		267,506.32			06-Jul-2005		7.250%		VA - 70.00%		Paid Off - 360		01-Dec-2004

3029405173 1			131,400.00		130,882.83			08-Jul-2005		9.625%		NC - 90.00%		Paid Off - 360		01-Dec-2004

3029405238 1			138,400.00		138,400.00			11-Jul-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Nov-2004

3029405278 1			259,250.00		257,474.49			06-Jul-2005		7.500%		MD - 85.00%		Paid Off - 360		01-Nov-2004

3029405292 1			116,850.00		115,805.65			06-Jul-2005		6.125%		NC - 85.00%		Paid Off - 360		01-Nov-2004

3029405411 1			132,000.00		131,251.35			22-Jul-2005		7.875%		FL - 80.00%		Paid Off - 360		01-Dec-2004

3029405550 2			75,000.00		73,673.42			29-Jul-2005		7.375%		FL - 75.00%		Paid Off - 360		01-Dec-2004

3029405561 1			170,800.00		169,600.59			06-Jul-2005		7.125%		MD - 80.00%		Paid Off - 360		01-Dec-2004

3029405633 2			72,000.00		71,847.07			31-Jul-2005		12.500%		FL - 20.00%		Paid Off - 180		01-Dec-2004

3029405759 1			48,000.00		47,729.61			31-Jul-2005		10.875%		FL - 20.00%		Paid Off - 360		01-Dec-2004

3058401849 1			101,750.00		99,938.71			27-Jul-2005		6.750%		VA - 80.00%		Paid Off - 360		01-Jul-2004

3058402659 1			208,000.00		205,986.74			29-Jul-2005		7.250%		RI - 80.00%		Paid Off - 360		01-Aug-2004

3058403076 1			90,950.00		90,373.55			22-Jul-2005		8.990%		TN - 85.00%		Paid Off - 360		01-Sep-2004

3058403149 2			91,000.00		90,288.10			13-Jul-2005		7.875%		FL - 73.00%		Paid Off - 360		01-Sep-2004

3058403520 1			200,000.00		198,143.21			25-Jul-2005		7.000%		MD - 80.00%		Paid Off - 360		01-Sep-2004

3058403939 1			53,000.00		52,861.72			28-Jul-2005		12.625%		MD - 20.00%		Paid Off - 180		01-Oct-2004

3058404297 1			99,900.00		99,174.02			11-Jul-2005		7.750%		TN - 80.00%		Paid Off - 360		01-Oct-2004

3058404300 2			24,950.00		24,890.05			07-Jul-2005		13.000%		TN - 20.00%		Paid Off - 180		01-Oct-2004

3058405033 2			89,250.00		88,682.50			31-Jul-2005		7.875%		TN - 85.00%		Paid Off - 360		01-Nov-2004

3058405182 1			120,000.00		119,217.79			22-Jul-2005		7.750%		FL - 79.00%		Paid Off - 360		01-Nov-2004



Page 21 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

3058405641 1			155,150.00		154,160.98			29-Jul-2005		7.250%		MD - 80.00%		Paid Off - 360		01-Dec-2004


3058405643 1			38,750.00		38,632.74			29-Jul-2005		10.875%		MD - 20.00%		Paid Off - 180		01-Dec-2004

3076401398 1			99,920.00		99,118.71			29-Jul-2005		7.750%		IL - 80.00%		Paid Off - 360		01-Sep-2004

3076401399 1			24,980.00		24,892.71			29-Jul-2005		11.750%		IL - 20.00%		Paid Off - 360		01-Sep-2004

3076401596 2			198,000.00		196,020.92			21-Jul-2005		6.625%		IL - 90.00%		Paid Off - 360		01-Sep-2004

3076401913 1			256,000.00		253,739.26			08-Jul-2005		6.750%		IL - 73.00%		Paid Off - 360		01-Oct-2004

3076402383 1			133,500.00		132,467.13			28-Jul-2005		6.875%		IL - 75.00%		Paid Off - 360		01-Nov-2004

3083400598 1			184,000.00		182,800.55			22-Jul-2005		7.750%		RI - 93.00%		Paid Off - 360		01-Nov-2004

5000098764 1			150,000.00		148,467.69			26-Jul-2005		7.400%		IL - 80.00%		Paid Off - 360		01-Jul-2004

5000100377 1			86,400.00		85,293.66			26-Jul-2005		6.350%		IL - 80.00%		Paid Off - 360		01-Jul-2004

5000105559 1			156,000.00		154,396.65			08-Jul-2005		5.950%		FL - 80.00%		Paid Off - 360		01-Oct-2004

5000105634 1			39,000.00		38,889.48			07-Jul-2005		12.250%		FL - 20.00%		Paid Off - 360		01-Oct-2004

5000106033 1			239,000.00		239,000.00			28-Jul-2005		6.800%		IL - 82.00%		Paid Off - 360		01-Sep-2004

5000106962 2			499,000.00		494,586.32			19-Jul-2005		7.250%		CT - 70.00%		Paid Off - 360		01-Sep-2004

5000107876 2			85,000.00		81,611.26			20-Jul-2005		7.450%		IN - 71.00%		Paid Off - 180		01-Sep-2004

5000109354 2			99,000.00		99,000.00			08-Jul-2005		7.500%		MI - 90.00%		Paid Off - 360		01-Oct-2004

5000110364 1			275,000.00		272,708.00			01-Jul-2005		7.050%		MA - 59.00%		Paid Off - 360		01-Oct-2004

5000110370 1			92,000.00		91,435.97			28-Jul-2005		8.600%		NJ - 50.00%		Paid Off - 360		01-Oct-2004

5000110758 1			96,000.00		95,312.62			26-Jul-2005		7.900%		MI - 80.00%		Paid Off - 360		01-Oct-2004

5000111025 1			17,000.00		16,653.51			07-Jul-2005		12.300%		MD - 20.00%		Paid Off - 180		01-Oct-2004

5000112279 1			495,000.00		490,793.78			14-Jul-2005		6.950%		NY - 90.00%		Paid Off - 360		01-Oct-2004

5240401889 1			142,850.00		141,235.13			18-Jul-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Jul-2004

5240403895 1			324,000.00		324,000.00			28-Jul-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Sep-2004

5240403937 1			308,000.00		308,000.00			22-Jul-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Sep-2004

5240404702 2			103,000.00		102,269.87			13-Jul-2005		7.875%		CA - 58.00%		Paid Off - 360		01-Oct-2004

5240405004 1			232,250.00		230,736.00			31-Jul-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004

5240405043 2			352,750.00		352,750.00			01-Jul-2005		7.000%		CA - 85.00%		Paid Off - 360		01-Oct-2004

5240405048 1			64,000.00		63,775.19			31-Jul-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Nov-2004

5240405193 1			115,000.00		113,784.42			19-Jul-2005		6.500%		CA - 62.00%		Paid Off - 360		01-Oct-2004

5240405320 1			180,000.00		180,000.00			29-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Nov-2004

5240405321 2			45,000.00		44,833.34			29-Jul-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Nov-2004

5240405934 1			220,000.00		220,000.00			31-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Nov-2004

5240406315 1			180,000.00		180,000.00			28-Jul-2005		6.625%		CA - 80.00%		Paid Off - 360		01-Dec-2004

5240406348 2			213,750.00		212,632.99			31-Jul-2005		8.250%		CA - 75.00%		Paid Off - 360		01-Dec-2004

5240406349 1			45,000.00		44,844.42			28-Jul-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Dec-2004

5240406442 2			432,000.00		432,000.00			08-Jul-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Dec-2004

5240406447 1			108,000.00		107,673.21			08-Jul-2005		10.875%		CA - 20.00%		Paid Off - 360		01-Dec-2004

5243401820 2			180,000.00		178,106.88			22-Jul-2005		7.250%		CA - 56.00%		Paid Off - 360		01-Jul-2004



Page 22 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

5243401955 1			256,000.00		1,431.35			31-Jul-2005		5.250%		CA - 80.00%		Paid Off - 360		01-Jul-2004


5243402561 2			500,000.00		499,686.52			25-Jul-2005		7.500%		CA - 77.00%		Paid Off - 360		01-Aug-2004

5243403160 2			52,000.00		51,768.70			12-Jul-2005		10.625%		CA - 20.00%		Paid Off - 360		01-Sep-2004

5243403375 2			488,000.00		483,889.27			12-Jul-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Sep-2004

5243403888 1			329,600.00		329,600.00			31-Jul-2005		7.875%		CA - 80.00%		Paid Off - 360		01-Sep-2004

5243404013 2			379,050.00		379,050.00			22-Jul-2005		7.875%		CA - 95.00%		Paid Off - 360		01-Nov-2004

5243404021 2			140,000.00		138,904.71			28-Jul-2005		7.375%		CA - 62.00%		Paid Off - 360		01-Oct-2004

5243405093 2			90,000.00		89,577.98			25-Jul-2005		9.375%		CA - 20.00%		Paid Off - 360		01-Nov-2004

5243405646 1			322,000.00		322,000.00			07-Jul-2005		6.375%		CA - 74.00%		Paid Off - 360		01-Dec-2004

5243405832 2			47,400.00		47,222.66			21-Jul-2005		9.875%		CA - 20.00%		Paid Off - 360		01-Dec-2004

5246400954 2			353,600.00		353,388.69			31-Jul-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004

5254400670 1			354,100.00		352,431.08			19-Jul-2005		9.875%		CA - 84.00%		Paid Off - 360		01-Oct-2004

5255400864 1			174,000.00		172,717.48			31-Jul-2005		6.500%		WA - 98.00%		Paid Off - 360		01-Dec-2004

5272400832 1			156,500.00		155,295.05			21-Jul-2005		6.900%		NV - 87.00%		Paid Off - 360		01-Nov-2004

5282400651 2			442,000.00		437,925.48			21-Jul-2005		7.500%		IL - 65.00%		Paid Off - 360		01-Aug-2004

5290400078 2			171,500.00		170,529.26			14-Jul-2005		9.000%		MA - 55.00%		Paid Off - 360		01-Nov-2004

5292400034 1			102,400.00		101,778.55			31-Jul-2005		7.500%		FL - 80.00%		Paid Off - 360		01-Dec-2004

6000000461 2			384,000.00		380,951.48			13-Jul-2005		7.300%		FL - 80.00%		Paid Off - 360		01-Oct-2004

6000100674 2			154,400.00		154,400.00			21-Jul-2005		5.450%		FL - 80.00%		Paid Off - 360		01-Aug-2004

6000105893 2			51,000.00		50,876.16			28-Jul-2005		12.950%		CT - 34.00%		Paid Off - 360		01-Oct-2004

6000108880 1			127,500.00		126,850.04			13-Jul-2005		9.500%		PA - 75.00%		Paid Off - 360		01-Oct-2004

6000111557 2			94,500.00		93,846.53			01-Jul-2005		8.000%		FL - 70.00%		Paid Off - 360		01-Oct-2004

6000112009 2			73,737.00		73,271.03			22-Jul-2005		8.450%		GA - 85.00%		Paid Off - 360		01-Oct-2004

6000112714 2			166,500.00		165,265.88			08-Jul-2005		7.650%		FL - 90.00%		Paid Off - 360		01-Oct-2004

6000114778 1			12,775.00		12,201.87			25-Jul-2005		12.250%		FL - 5.00%		Paid Off - 120		01-Oct-2004

7000110796 2			255,000.00		253,405.75			05-Jul-2005		8.990%		CA - 57.00%		Paid Off - 360		01-Sep-2004

7000112676 1			268,000.00		265,851.49			14-Jul-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Oct-2004

7000112777 2			289,000.00		286,171.53			08-Jul-2005		6.250%		CA - 85.00%		Paid Off - 360		01-Oct-2004

7000113161 2			475,000.00		474,994.98			11-Jul-2005		7.850%		CA - 95.00%		Paid Off - 360		01-Oct-2004

7000113236 2			369,000.00		368,990.88			14-Jul-2005		7.450%		NV - 90.00%		Paid Off - 360		01-Oct-2004

7000114274 2			446,250.00		443,007.29			21-Jul-2005		7.750%		CA - 85.00%		Paid Off - 360		01-Oct-2004

7000114753 1			195,500.00		195,500.00			19-Jul-2005		5.990%		CA - 85.00%		Paid Off - 360		01-Oct-2004

7000114882 1			228,000.00		228,000.00			13-Jul-2005		5.900%		HI - 80.00%		Paid Off - 360		01-Oct-2004

7000114897 1			57,000.00		56,814.85			13-Jul-2005		11.625%		HI - 20.00%		Paid Off - 360		01-Oct-2004

7000116052 2			330,600.00		330,600.00			20-Jul-2005		6.900%		VA - 95.00%		Paid Off - 360		01-Oct-2004

8000015765 2			150,000.00		148,932.59			28-Jul-2005		8.800%		NJ - 68.00%		Paid Off - 360		01-Aug-2004

8000017801 2			324,810.00		322,231.37			18-Jul-2005		7.300%		PA - 90.00%		Paid Off - 360		01-Oct-2004

8000018440 2			360,000.00		357,730.95			25-Jul-2005		8.950%		MA - 80.00%		Paid Off - 360		01-Sep-2004



Page 23 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

8000018588 2			90,000.00		89,035.55			25-Jul-2005		11.900%		MA - 20.00%		Paid Off - 240		01-Oct-2004


8000019384 1			134,000.00		133,235.06			22-Jul-2005		8.950%		RI - 51.00%		Paid Off - 360		01-Oct-2004

8000019593 2			215,000.00		213,365.36			25-Jul-2005		7.550%		MA - 79.00%		Paid Off - 360		01-Oct-2004

8000019596 1			182,000.00		180,453.45			11-Jul-2005		6.950%		RI - 70.00%		Paid Off - 360		01-Oct-2004

8000020159 1			198,000.00		196,183.11			29-Jul-2005		6.550%		NJ - 73.00%		Paid Off - 360		01-Oct-2004

8000021215 1			75,000.00		74,554.00			01-Jul-2005		8.750%		VA - 56.00%		Paid Off - 360		01-Oct-2004



TOTAL			28,563,962.00		28,140,365.71



Page 24 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current




Number of Loans Liquidated										11		6		17
Collateral Principal Realized Loss/(Gain) Amount										99,936.71		129,141.12		229,077.83
Collateral Interest Realized Loss/(Gain) Amount										6,956.14		840.57		7,796.71
Net Liquidation Proceeds										116,712.90		415,128.76		531,841.66

Cumulative




Number of Loans Liquidated										21		24		45
Collateral Realized Loss/(Gain) Amount										388,777.39		452,232.68		841,010.07
Net Liquidation Proceeds										1,034,215.74		810,106.70		1,844,322.44










Page 25 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



MDR										0.07%		0.16%		0.11%
3 Months Avg MDR										0.12%		0.10%		0.11%
12 Months Avg MDR										0.06%		0.05%		0.05%
Avg MDR Since Cut-off										0.06%		0.05%		0.05%


CDR										0.79%		1.94%		1.37%
3 Months Avg CDR										1.44%		1.16%		1.30%
12 Months Avg CDR										0.70%		0.62%		0.66%
Avg CDR Since Cut-off										0.70%		0.62%		0.66%


SDA										3.55%		8.84%		6.21%
3 Months Avg SDA Approximation										7.16%		5.82%		6.49%
12 Months Avg SDA Approximation										4.30%		3.88%		4.09%
Avg SDA Since Cut-off Approximation										4.30%		3.88%		4.09%


Loss Severity Approximation for Current Period										46.13%		23.73%		30.11%
3 Months Avg Loss Severity Approximation										53.35%		30.22%		17.23%
12 Months Avg Loss Severity Approximation										56.74%		43.25%		41.21%
Avg Loss Severity Approximation Since Cut-off										56.74%		43.25%		41.21%












Page 26 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 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 27 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative

&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

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

80010277 1
			8.250%		AZ - 85.00%		360		122,355.09				2,671.89		0.00

3029401944 1			10.990%		NC - 20.00%		180		22,299.12				22,502.53		0.00
3029405385 1		Forcls	7.750%		FL - 90.00%		360		268,239.99				3,367.18		0.00
3058403403 1			11.250%		KY - 20.00%		360		19,722.93				20,360.09		0.00
5287401095 1		Forcls	7.500%		OH - 90.00%		360		44,402.26				16,700.33		0.00
6000091101 1			13.150%		GA - 20.00%		240		67,250.49				64,379.67		0.00
3058403609 2			11.625%		FL - 20.00%		180		23,699.19				2,216.18		0.00
3076401320 2			7.750%		IL - 95.00%		360		94,166.20				0.00		0.00
5000091768 2			11.990%		OH - 5.00%		120		5,477.65				5,916.53		0.00
5000102755 2			12.250%		NY - 5.00%		120		18,170.23				19,364.82		0.00
5000103509 2			11.999%		MI - 5.00%		120		7,913.98				8,502.10		0.00
5000107093 2			12.249%		OK - 5.00%		120		5,111.57				5,537.72		0.00
5000109381 2			10.125%		GA - 10.00%		240		11,739.76				12,550.46		0.00
6000085307 2			12.249%		GA - 5.00%		60		5,428.07				6,707.79		0.00
6000091235 2			11.750%		CT - 15.00%		240		32,809.38				34,360.29		0.00
6000103909 2			12.249%		FL - 5.00%		120		5,353.76				4,290.07		0.00
6000115169 2			12.750%		NC - 5.00%		120		6,779.82				7,446.89		0.00


TOTAL									760,919.49			236,874.54		0.00



Page 28 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

										Group 2		Group 1		Total
						Optional Termination in Effect (0=No,1=Yes)								0

						Has a Stepdown Date Occurred? (0=No,1=Yes)								0

						Does a Trigger Event Exist? (0=No,1=Yes)								0

						A Trigger Event Exists if either (i) or (ii) are true

						(i) The quotient of ( (1)/(2) > (3) )
						(1) 60+ Day Rolling Delinquency Balance								29,568,827.20
						(2) Stated Principal Balance								634,313,247.62
						60+ Day Delinquency % ( (1)/(2) )								4.66%
						(3) 37% of Senior Enhancement %								9.60%

						(ii) The quotient of ( (4)/(5) > (6))
						(4) Aggregate Cumulative Realized Loss								841,010.07
						(5) Cutoff Date Pool Principal Balance								502,868,307.00
						Trigger Event Loss % ( (4)/(5) )								0.001065%
						(6) Applicable Loss %								0.00%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Net Monthly Excess Cashflow														1,434,026.53
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

Current LIBOR Rate														3.460000%
Next LIBOR Rate														3.641250%




Page 29 of 30
GSAMP Trust 2005-HE1

Asset Backed Certificates

2005-HE1

August 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Current Scheduled Payments														4,551,391.29
Current Scheduled Payments 1 Month Prior														4,770,696.28
Current Scheduled Payments 2 Month Prior														4,935,056.56
Current Scheduled Payments 3 Month Prior														5,089,240.47
Current Scheduled Payments 4 Month Prior														5,232,347.12
Current Scheduled Payments 5 Month Prior														5,325,868.77
Current Scheduled Payments 6 Month Prior														5,436,164.64
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00

Delinquent 60+ Scheduled Payments														242,190.24
Delinq. 60+ Sched. Pmnts, 1 Month Prior														218,969.68
Delinq. 60+ Sched. Pmnts, 2 Month Prior														194,162.54
Delinq. 60+ Sched. Pmnts, 3 Month Prior														158,710.81
Delinq. 60+ Sched. Pmnts, 4 Month Prior														140,012.50
Delinq. 60+ Sched. Pmnts, 5 Month Prior														117,495.14
Delinq. 60+ Sched. Pmnts, 6 Month Prior														55,745.44
Delinq. 60+ Sched. Pmnts, 7 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior														0.00




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GS Mortgage GSAMP Trust 2005-HE1 8-K