
                                      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 Corp. (as Depositor under the
               Pooling and Servicing Agreement, dated as June 1, 2005,
               providing for the issuance of GSAMP Trust 2005-HE3 Mortgage
                      Pass-Through Certificates Series 2005-HE3)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-26                          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 Corp., 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-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

				External Parties						Table of Contents

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

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


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					25
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			June 01, 2005			Hang Luu
				Close Date:			June 30, 2005			Administrator
				First Distribution Date:			July 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:			August 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			July 29, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							August 24, 2005
							August 24, 2005

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






Page 1 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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


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

A-1A	SR	$	256,997,000.00		247,614,969.99		786,796.57		9,184,988.79		9,971,785.36		0.00		0.00		238,429,981.20
A-1A	SR	$	256,997,000.00		247,614,969.99		786,796.57		9,184,988.79		9,971,785.36		0.00		0.00		238,429,981.20
A-1B	SR	$	64,249,000.00		61,903,501.62		198,297.55		2,296,238.26		2,494,535.81		0.00		0.00		59,607,263.36
A-2A	SR	$	382,945,000.00		360,742,592.24		1,102,770.06		18,383,346.99		19,486,117.05		0.00		0.00		342,359,245.25
A-2B	SR	$	197,691,000.00		197,691,000.00		626,460.81		0.00		626,460.81		0.00		0.00		197,691,000.00
A-2C	SR	$	93,421,000.00		93,421,000.00		308,912.11		0.00		308,912.11		0.00		0.00		93,421,000.00
M-1	MEZ	$	96,487,000.00		96,487,000.00		326,528.09		0.00		326,528.09		0.00		0.00		96,487,000.00
M-2	MEZ	$	75,117,000.00		75,117,000.00		267,145.26		0.00		267,145.26		0.00		0.00		75,117,000.00
M-3	MEZ	$	20,722,000.00		20,722,000.00		74,230.81		0.00		74,230.81		0.00		0.00		20,722,000.00
M-4	MEZ	$	19,427,000.00		19,427,000.00		77,956.23		0.00		77,956.23		0.00		0.00		19,427,000.00
B-1	SUB	$	18,780,000.00		18,780,000.00		77,785.72		0.00		77,785.72		0.00		0.00		18,780,000.00
B-2	SUB	$	16,189,000.00		16,189,000.00		72,630.15		0.00		72,630.15		0.00		0.00		16,189,000.00
B-3	SUB	$	14,894,000.00		14,894,000.00		76,439.32		0.00		76,439.32		0.00		0.00		14,894,000.00
X	NOF	$	38,206,004.14		38,206,193.52		2,774,879.38		0.00		2,774,879.38		0.00		0.00		38,206,193.52
P	NOF	$	0.00		0.00		407,360.63		0.00		407,360.63		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			1,295,125,204.14		1,261,195,257.37		7,178,192.69		29,864,574.04		37,042,766.73		0.00		0.00		1,231,330,683.33
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-1A	07/25/05		08/24/05		A-Act/360		362341CA5		256,997,000.00		963.493621		3.061501		35.739673		38.801174	927.753947
A-1B	07/25/05		08/24/05		A-Act/360		362341BL2		64,249,000.00		963.493620		3.086391		35.739673		38.826064	927.753947
A-2A	07/25/05		08/24/05		A-Act/360		362341BM0		382,945,000.00		942.021941		2.879709		48.005189		50.884897	894.016752
A-2B	07/25/05		08/24/05		A-Act/360		362341BN8		197,691,000.00		1,000.000000		3.168889		0.000000		3.168889	1,000.000000
A-2C	07/25/05		08/24/05		A-Act/360		362341BP3		93,421,000.00		1,000.000000		3.306667		0.000000		3.306667	1,000.000000
M-1	07/25/05		08/24/05		A-Act/360		362341BQ1		96,487,000.00		1,000.000000		3.384167		0.000000		3.384167	1,000.000000
M-2	07/25/05		08/24/05		A-Act/360		362341BR9		75,117,000.00		1,000.000000		3.556389		0.000000		3.556389	1,000.000000
M-3	07/25/05		08/24/05		A-Act/360		362341BS7		20,722,000.00		1,000.000000		3.582222		0.000000		3.582222	1,000.000000
M-4	07/25/05		08/24/05		A-Act/360		362341BT5		19,427,000.00		1,000.000000		4.012778		0.000000		4.012778	1,000.000000
B-1	07/25/05		08/24/05		A-Act/360		362341BU2		18,780,000.00		1,000.000000		4.141945		0.000000		4.141945	1,000.000000
B-2	07/25/05		08/24/05		A-Act/360		362341BV0		16,189,000.00		1,000.000000		4.486389		0.000000		4.486389	1,000.000000
B-3	07/25/05		08/24/05		A-Act/360		362341BW8		14,894,000.00		1,000.000000		5.132222		0.000000		5.132222	1,000.000000
X	07/25/05		08/24/05		A-30/360		362341BZ1		38,206,004.14		1,000.004957		72.629406		0.000000		72.629406	1,000.004957
P	07/25/05		08/24/05		A-30/360		362341CB3		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-1	07/25/05		08/24/05		A-30/360		362341BX6		100.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-2	07/25/05		08/24/05		A-30/360		362341BY4		100.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 2 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

Distribution to Date -
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	256,997,000.00		1,422,150.26		18,106,103.23		460,915.57		18,567,018.80		19,989,169.06		0.00		0.00		238,429,981.20
A-1B	64,249,000.00		358,473.88		4,526,508.19		115,228.45		4,641,736.64		5,000,210.52		0.00		0.00		59,607,263.36
A-2A	382,945,000.00		2,012,264.44		39,582,723.76		1,003,030.99		40,585,754.75		42,598,019.19		0.00		0.00		342,359,245.25
A-2B	197,691,000.00		1,113,824.04		0.00		0.00		0.00		1,113,824.04		0.00		0.00		197,691,000.00
A-2C	93,421,000.00		549,600.94		0.00		0.00		0.00		549,600.94		0.00		0.00		93,421,000.00
M-1	96,487,000.00		581,146.56		0.00		0.00		0.00		581,146.56		0.00		0.00		96,487,000.00
M-2	75,117,000.00		475,803.59		0.00		0.00		0.00		475,803.59		0.00		0.00		75,117,000.00
M-3	20,722,000.00		132,223.63		0.00		0.00		0.00		132,223.63		0.00		0.00		20,722,000.00
M-4	19,427,000.00		139,070.33		0.00		0.00		0.00		139,070.33		0.00		0.00		19,427,000.00
B-1	18,780,000.00		138,820.72		0.00		0.00		0.00		138,820.72		0.00		0.00		18,780,000.00
B-2	16,189,000.00		129,741.34		0.00		0.00		0.00		129,741.34		0.00		0.00		16,189,000.00
B-3	14,894,000.00		136,739.33		0.00		0.00		0.00		136,739.33		0.00		0.00		14,894,000.00
X	38,206,004.14		6,391,591.00		-184.93		-4.45		0.00		6,391,591.00		0.00		189.38		38,206,193.52
P	0.00		407,360.63		0.00		0.00		0.00		407,360.63		0.00		0.00		0.00
R-1	100.00		0.00		97.65		2.35		100.00		100.00		0.00		0.00		0.00
R-2	100.00		0.00		97.65		2.35		100.00		100.00		0.00		0.00		0.00


Total	1,295,125,204.14		13,988,810.69		62,215,345.55		1,579,175.26		63,794,710.19		77,783,520.88		0.00		189.38		1,231,330,683.33


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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	3.69000%		247,614,969.99		786,796.57		0.00		0.00		0.00		786,796.57		786,796.57		0.00
A-1B	3.72000%		61,903,501.62		198,297.55		0.00		0.00		0.00		198,297.55		198,297.55		0.00
A-2A	3.55000%		360,742,592.24		1,102,770.06		0.00		0.00		0.00		1,102,770.06		1,102,770.06		0.00
A-2B	3.68000%		197,691,000.00		626,460.81		0.00		0.00		0.00		626,460.81		626,460.81		0.00
A-2C	3.84000%		93,421,000.00		308,912.11		0.00		0.00		0.00		308,912.11		308,912.11		0.00
M-1	3.93000%		96,487,000.00		326,528.09		0.00		0.00		0.00		326,528.09		326,528.09		0.00
M-2	4.13000%		75,117,000.00		267,145.26		0.00		0.00		0.00		267,145.26		267,145.26		0.00
M-3	4.16000%		20,722,000.00		74,230.81		0.00		0.00		0.00		74,230.81		74,230.81		0.00
M-4	4.66000%		19,427,000.00		77,956.23		0.00		0.00		0.00		77,956.23		77,956.23		0.00
B-1	4.81000%		18,780,000.00		77,785.72		0.00		0.00		0.00		77,785.72		77,785.72		0.00
B-2	5.21000%		16,189,000.00		72,630.15		0.00		0.00		0.00		72,630.15		72,630.15		0.00
B-3	5.96000%		14,894,000.00		76,439.32		0.00		0.00		0.00		76,439.32		76,439.32		0.00
X	87.15485%		38,206,193.52		0.00		0.00		0.00		0.00		0.00		2,774,879.38		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		407,360.63		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			1,261,195,257.37		3,995,952.68		0.00		0.00		0.00		3,995,952.68		7,178,192.69		0.00



Page 3 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										18,383,346.99		11,481,227.05		29,864,574.04
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts												0.00		0.00
TOTAL NET PRINCIPAL										18,383,346.99		11,481,227.05		29,864,574.04
Interest Collections										12,241,267.63		5,761,361.00		7,219,532.05
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts														42,271.07
Interest Fees										-83,610.43		-83,610.43		-83,610.43
TOTAL NET INTEREST										6,085,111.20		6,085,111.20		7,178,192.69
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										24,468,458.19		17,566,338.25		37,042,766.73



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											480,675.07		300,664.01		781,339.08
Prepayments In Full											17,825,342.93		11,163,639.12		28,988,982.05
Curtailments											77,328.99		16,923.92		94,252.91
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Repurchased Principal Amounts											0.00		0.00		0.00
Other Principal											0.00		0.00		0.00
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-409,562.01		-266,273.40		-675,835.41
Advanced Principal											409,562.01		266,273.40		675,835.41
TOTAL PRINCIPAL COLLECTED											18,383,346.99		11,481,227.05		29,864,574.04


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 4 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										5,171,601.22		2,492,445.92		7,664,047.14
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										0.00		0.00		0.00
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-0.00
Prepayment Interest Shortfalls										-47,670.10		-25,435.46		-73,105.56
Compensating Interest														73,105.56
Delinquent Interest										-4,339,589.82		-2,155,418.63		-6,495,008.45
Interest Advanced										4,041,110.36		2,009,383.01		6,050,493.37
TOTAL INTEREST COLLECTED										12,241,267.63		5,761,361.00		7,219,532.05


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



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														407,360.63
SWAP Payment Received from GSMS														3,629,240.60
SWAP Amount Paid to GSMS														-3,994,330.16
TOTAL INTEREST OTHER ACCOUNTS														42,271.07



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										57,725.12		23,257.82		80,982.94
Current Trustee Fees										1,781.02		846.47		2,627.49
Custodian Fees														0.00
TOTAL INTEREST OTHER FEES										83,610.43		83,610.43		83,610.43




Page 5 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Excess Reserve Fund Begining Balance
Excess Reserve Fund Amount Deposited
Excess Reserve Fund Amount Withdrawn
Excess Reserve Fund Ending Balance



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														38,206,193.52
Overcollateralization Target Amount														38,206,193.52
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00




Page 6 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										4,841		2,814		7,655
Prior										4,748		2,750		7,498
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-75		-59		-134
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										4,673		2,691		7,364
Principal Balance:


Original										876,846,967.83		417,914,330.66		1,294,761,298.49
Prior										854,890,999.76		406,304,257.61		1,261,195,257.37
Prefunding										0.00		0.00		0.00
Scheduled Principal										-480,675.07		-300,664.01		-781,339.08
Partial Prepayments										-77,328.99		-16,923.92		-94,252.91
Full Voluntary Prepayments										-17,825,342.93		-11,163,639.12		-28,988,982.05
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										836,507,652.77		394,823,030.56		1,231,330,683.33





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.26699%		7.37388%		7.30149%
Weighted Average Coupon Prior										7.26699%		7.37388%		7.30149%
Weighted Average Coupon Current										7.25931%		7.36155%		7.29225%
Weighted Average Months to Maturity Original										350		345		349
Weighted Average Months to Maturity Prior										350		345		349
Weighted Average Months to Maturity Current										350		344		348
Weighted Avg Remaining Amortization Term Original										350		345		349
Weighted Avg Remaining Amortization Term Prior										350		345		349
Weighted Avg Remaining Amortization Term Current										350		345		348
Weighted Average Seasoning Original										4.84		5.27		4.98
Weighted Average Seasoning Prior										4.84		5.27		4.98
Weighted Average Seasoning Current										5.83		6.26		5.97









Page 8 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.35770%		6.11299%		6.28257%
Weighted Average Margin Prior										6.35770%		6.11299%		6.28257%
Weighted Average Margin Current										6.35601%		6.10375%		6.27885%
Weighted Average Max Rate Original										13.62709%		14.12724%		13.78063%
Weighted Average Max Rate Prior										13.62709%		14.12724%		13.78063%
Weighted Average Max Rate Current										13.60905%		14.11633%		13.76422%
Weighted Average Min Rate Original										7.12194%		7.24379%		7.15934%
Weighted Average Min Rate Prior										7.12194%		7.24379%		7.15934%
Weighted Average Min Rate Current										7.11118%		7.22997%		7.14752%
Weighted Average Cap Up Original										1.26298%		1.44164%		1.31783%
Weighted Average Cap Up Prior										1.26298%		1.44164%		1.31783%
Weighted Average Cap Up Current										1.25962%		1.44309%		1.31574%
Weighted Average Cap Down Original										1.26298%		1.44164%		1.31783%
Weighted Average Cap Down Prior										1.26298%		1.44164%		1.31783%
Weighted Average Cap Down Current										1.25962%		1.44309%		1.31574%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										57,725.12		23,257.82		80,982.94
Delinquent Servicing Fees										298,479.46		146,035.62		444,515.08
TOTAL SERVICING FEES										356,204.59		169,293.45		525,498.04


Compensating Interest														-73,105.56
Delinquent Servicing Fees										-298,479.46		-146,035.62		-444,515.08
COLLECTED SERVICING FEES														7,877.40


Aggregate Advances with respect to this Distribution														6,726,328.77





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall														0.00

Current LIBOR Rate														3.460000%

Next LIBOR Rate														0.000000%




Page 9 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				28,145,165.91		9,932,386.90		3,655,814.22		41,733,367.03
			% Balance				2.29%		0.81%		0.30%		3.39%
			# Loans				183		68		28		279
			% # Loans				2.49%		0.92%		0.38%		3.79%
	FORECLOSURE		Balance		0.00		0.00		109,968.21		585,835.56		695,803.77
			% Balance		0.00%		0.00%		0.01%		0.05%		0.06%
			# Loans		0		0		1		5		6
			% # Loans		0.00%		0.00%		0.01%		0.07%		0.08%
	BANKRUPTCY		Balance		817,814.18		190,421.28		273,902.84		281,137.63		1,563,275.93
			% Balance		0.07%		0.02%		0.02%		0.02%		0.13%
			# Loans		7		2		2		4		15
			% # Loans		0.10%		0.03%		0.03%		0.05%		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		817,814.18		28,335,587.19		10,316,257.95		4,522,787.41		43,992,446.73
			% Balance		0.07%		2.30%		0.84%		0.37%		3.57%
			# Loans		7		185		71		37		300
			% # Loans		0.10%		2.51%		0.96%		0.50%		4.07%









Page 10 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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




TOTAL


Page 11 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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
1776685 2
1776685 2			23,000.00		22,739.42		01-Mar-2005		12.550%		NM - 22.33%		240		01-Oct-2004

3024505 2			80,000.00		79,670.63		01-Mar-2005		8.750%		SC - 59.84%		360		01-Feb-2005
3024576 2			110,400.00		109,968.21		01-Apr-2005		9.000%		GA - 80.00%		360		01-Feb-2005
3028104 2			105,750.00		105,382.04		01-Mar-2005		8.800%		GA - 90.00%		360		01-Mar-2005
3028154 2			50,470.00		50,293.47		01-Mar-2005		8.775%		SC - 100.00%		360		01-Mar-2005
2000016771 2			327,750.00		327,750.00		01-Mar-2005		7.290%		CA - 95.00%		360		01-Feb-2005


TOTAL			697,370.00		695,803.77


Page 12 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										75		59		134
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										75		59		134
Curtailments Amount										77,328.99		16,923.92		94,252.91
Paid in Full Balance										17,825,342.93		11,163,639.12		28,988,982.05
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										17,902,671.92		11,180,563.04		29,083,234.96

Cumulative


Number of Paid in Full Loans										147		103		250
Number of Repurchased Loans										21		20		41
Total Number of Loans Prepaid in Full										168		123		291
Paid in Full Balance										34,872,018.47		19,150,573.10		54,022,591.57
Repurchased Loans Balance										4,372,451.25		3,297,642.57		7,670,093.82
Curtailments Amount										125,455.85		33,298.66		158,754.51
Total Prepayment Amount										39,369,925.57		22,481,514.33		61,851,439.90










Page 13 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										2.10%		2.75%		2.31%
3 Months Avg SMM										2.27%		2.73%		2.42%
12 Months Avg SMM										2.27%		2.73%		2.42%
Avg SMM Since Cut-off										2.27%		2.73%		2.42%


CPR										22.44%		28.47%		24.43%
3 Months Avg CPR										24.11%		28.26%		25.47%
12 Months Avg CPR										24.11%		28.26%		25.47%
Avg CPR Since Cut-off										24.11%		28.26%		25.47%


PSA										1,925.25%		2,274.97%		2,047.74%
3 Months Avg PSA Approximation										2,260.12%		2,451.75%		2,327.45%
12 Months Avg PSA Approximation										2,260.12%		2,451.75%		2,327.45%
Avg PSA Since Cut-off Approximation										2,260.12%		2,451.75%		2,327.45%










Page 14 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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 15 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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 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

1728394 2			33,000.00		32,461.79			12-Jul-2005		10.850%		CA - 20.00%		Paid Off - 240		01-Sep-2004
			33,000.00

1776428 2			23,000.00		22,750.05			19-Jul-2005		12.200%		FL - 18.40%		Paid Off - 240		01-Oct-2004
1776428 2					22,750.05			19-Jul-2005		12.200%		FL - 18.40%		Paid Off - 240		01-Oct-2004
1802117 2			33,000.00		32,575.81			05-Jul-2005		10.500%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1802117 2					32,575.81			05-Jul-2005		10.500%		NV - 20.00%		Paid Off - 240		01-Oct-2004
1803839 2			27,400.00		27,134.03			29-Jul-2005		10.900%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1803839 2					27,134.03			29-Jul-2005		10.900%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1828325 1			100,000.00		99,573.21			27-Jul-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1828325 1					99,573.21			27-Jul-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1844731 2			25,500.00		25,304.65			21-Jul-2005		12.700%		NC - 21.70%		Paid Off - 240		01-Dec-2004
1844731 2					25,304.65			21-Jul-2005		12.700%		NC - 21.70%		Paid Off - 240		01-Dec-2004
1867733 1			97,000.00		96,628.96			27-Jul-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1867733 1					96,628.96			27-Jul-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1890345 2			49,020.00		48,572.91			15-Jul-2005		11.350%		CA - 20.00%		Paid Off - 240		01-Dec-2004
1890345 2					48,572.91			15-Jul-2005		11.350%		CA - 20.00%		Paid Off - 240		01-Dec-2004
1894135 1			52,000.00		51,814.43			26-Jul-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1894135 1					51,814.43			26-Jul-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1904214 2			84,500.00		84,269.19			25-Jul-2005		11.350%		CA - 16.57%		Paid Off - 360		01-Dec-2004
1904214 2					84,269.19			25-Jul-2005		11.350%		CA - 16.57%		Paid Off - 360		01-Dec-2004
1914026 2			352,500.00		349,616.02			13-Jul-2005		5.950%		CA - 75.00%		Paid Off - 360		01-Dec-2004
1914026 2					349,616.02			13-Jul-2005		5.950%		CA - 75.00%		Paid Off - 360		01-Dec-2004
1934163 2			238,400.00		236,744.90			28-Jul-2005		6.100%		NJ - 80.00%		Paid Off - 360		01-Jan-2005
1934163 2					236,744.90			28-Jul-2005		6.100%		NJ - 80.00%		Paid Off - 360		01-Jan-2005
1934744 2			529,150.00		529,150.00			19-Jul-2005		7.800%		CA - 95.00%		Paid Off - 360		01-Jan-2005
1934744 2					529,150.00			19-Jul-2005		7.800%		CA - 95.00%		Paid Off - 360		01-Jan-2005
1950744 1			171,500.00		167,309.59			27-Jul-2005		6.000%		VA - 70.00%		Paid Off - 180		01-Jan-2005
1950744 1					167,309.59			27-Jul-2005		6.000%		VA - 70.00%		Paid Off - 180		01-Jan-2005
1984700 2			152,150.00		149,807.26			01-Jul-2005		5.990%		CA - 85.00%		Paid Off - 240		01-Jan-2005
1984700 2					149,807.26			01-Jul-2005		5.990%		CA - 85.00%		Paid Off - 240		01-Jan-2005
1995326 1			247,000.00		245,763.09			28-Jul-2005		6.750%		CA - 95.00%		Paid Off - 360		01-Mar-2005
1995326 1					245,763.09			28-Jul-2005		6.750%		CA - 95.00%		Paid Off - 360		01-Mar-2005
1996573 1			172,500.00		171,907.56			20-Jul-2005		7.950%		CA - 71.88%		Paid Off - 360		01-Mar-2005
1996573 1					171,907.56			20-Jul-2005		7.950%		CA - 71.88%		Paid Off - 360		01-Mar-2005
1999718 2			324,000.00		323,818.30			27-Jul-2005		6.520%		CA - 90.00%		Paid Off - 360		01-Mar-2005
1999718 2					323,818.30			27-Jul-2005		6.520%		CA - 90.00%		Paid Off - 360		01-Mar-2005
2007663 1			230,400.00		229,508.13			18-Jul-2005		7.350%		MD - 80.00%		Paid Off - 360		01-Mar-2005
2007663 1					229,508.13			18-Jul-2005		7.350%		MD - 80.00%		Paid Off - 360		01-Mar-2005
2020942 1			246,600.00		245,939.54			08-Jul-2005		8.350%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
2020942 1					245,939.54			08-Jul-2005		8.350%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
2022388 1			311,000.00		309,784.25			26-Jul-2005		7.300%		MD - 61.58%		Paid Off - 360		01-Mar-2005
2022388 1					309,784.25			26-Jul-2005		7.300%		MD - 61.58%		Paid Off - 360		01-Mar-2005
2023730 1			238,000.00		236,993.65			29-Jul-2005		6.900%		WA - 64.32%		Paid Off - 360		01-Mar-2005
2023730 1					236,993.65			29-Jul-2005		6.900%		WA - 64.32%		Paid Off - 360		01-Mar-2005
2026348 2			585,000.00		583,089.71			18-Jul-2005		8.200%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2026348 2					583,089.71			18-Jul-2005		8.200%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2026381 2			382,500.00		381,212.53			01-Jul-2005		8.050%		VA - 85.00%		Paid Off - 360		01-Mar-2005
2026381 2					381,212.53			01-Jul-2005		8.050%		VA - 85.00%		Paid Off - 360		01-Mar-2005
2028031 1			163,325.00		162,680.19			19-Jul-2005		7.250%		NJ - 69.50%		Paid Off - 360		01-Mar-2005
2028031 1					162,680.19			19-Jul-2005		7.250%		NJ - 69.50%		Paid Off - 360		01-Mar-2005
2028806 1			304,000.00		302,966.40			13-Jul-2005		8.000%		MD - 80.00%		Paid Off - 360		01-Mar-2005
2028806 1					302,966.40			13-Jul-2005		8.000%		MD - 80.00%		Paid Off - 360		01-Mar-2005
2029438 1			204,000.00		203,012.66			07-Jul-2005		6.200%		CA - 85.00%		Paid Off - 360		01-Mar-2005
2029438 1					203,012.66			07-Jul-2005		6.200%		CA - 85.00%		Paid Off - 360		01-Mar-2005
2030716 1			162,000.00		161,280.87			26-Jul-2005		6.650%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
2030716 1					161,280.87			26-Jul-2005		6.650%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
2036198 2			195,000.00		194,323.51			27-Jul-2005		7.900%		MD - 75.00%		Paid Off - 360		01-Mar-2005
2036198 2					194,323.51			27-Jul-2005		7.900%		MD - 75.00%		Paid Off - 360		01-Mar-2005
3024397 2			121,500.00		121,180.13			29-Jul-2005		9.250%		FL - 90.00%		Paid Off - 360		01-Mar-2005
3024397 2					121,180.13			29-Jul-2005		9.250%		FL - 90.00%		Paid Off - 360		01-Mar-2005
3024510 2			148,000.00		147,296.31			13-Jul-2005		7.250%		MD - 80.00%		Paid Off - 360		01-Feb-2005
3024510 2					147,296.31			13-Jul-2005		7.250%		MD - 80.00%		Paid Off - 360		01-Feb-2005
3024540 2			196,200.00		195,624.62			14-Jul-2005		9.625%		FL - 90.00%		Paid Off - 360		01-Feb-2005
3024540 2					195,624.62			14-Jul-2005		9.625%		FL - 90.00%		Paid Off - 360		01-Feb-2005
3024558 2			120,000.00		119,324.20			25-Jul-2005		6.375%		GA - 80.00%		Paid Off - 360		01-Feb-2005
3024558 2					119,324.20			25-Jul-2005		6.375%		GA - 80.00%		Paid Off - 360		01-Feb-2005
3024568 2			186,400.00		186,138.10			05-Jul-2005		6.875%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
3024568 2					186,138.10			05-Jul-2005		6.875%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
3024592 2			250,000.00		248,558.05			01-Jul-2005		6.250%		NJ - 58.82%		Paid Off - 360		01-Feb-2005
3024592 2					248,558.05			01-Jul-2005		6.250%		NJ - 58.82%		Paid Off - 360		01-Feb-2005
3024594 2			191,800.00		191,210.74			14-Jul-2005		8.500%		NJ - 70.00%		Paid Off - 360		01-Mar-2005
3024594 2					191,210.74			14-Jul-2005		8.500%		NJ - 70.00%		Paid Off - 360		01-Mar-2005
3024629 2			40,700.00		40,540.80			07-Jul-2005		9.000%		SC - 84.97%		Paid Off - 360		01-Jan-2005
3024629 2					40,540.80					9.000%		SC - 84.97%		Paid Off - 360


Page 16 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 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

3024675 2			180,000.00		178,830.93			27-Jul-2005		5.625%		MD - 78.26%		Paid Off - 360		01-Feb-2005
			180,000.00

3028175 2			57,900.00		57,781.03			28-Jul-2005		10.425%		AL - 62.33%		Paid Off - 360		01-Mar-2005
3028175 2					57,781.03			28-Jul-2005		10.425%		AL - 62.33%		Paid Off - 360		01-Mar-2005
3029561 2			125,000.00		124,455.79			05-Jul-2005		6.750%		NC - 89.29%		Paid Off - 360		01-Mar-2005
3029561 2					124,455.79			05-Jul-2005		6.750%		NC - 89.29%		Paid Off - 360		01-Mar-2005
3029582 2			71,000.00		70,792.74			28-Jul-2005		8.750%		IL - 100.00%		Paid Off - 360		01-Mar-2005
3029582 2					70,792.74			28-Jul-2005		8.750%		IL - 100.00%		Paid Off - 360		01-Mar-2005
3029641 2			251,750.00		250,738.81			27-Jul-2005		7.375%		VA - 87.11%		Paid Off - 360		01-Mar-2005
3029641 2					250,738.81			27-Jul-2005		7.375%		VA - 87.11%		Paid Off - 360		01-Mar-2005
3029716 2			118,300.00		117,927.17			11-Jul-2005		8.375%		FL - 70.00%		Paid Off - 360		01-Mar-2005
3029716 2					117,927.17			11-Jul-2005		8.375%		FL - 70.00%		Paid Off - 360		01-Mar-2005
3029719 2			228,000.00		227,224.79			11-Jul-2005		8.000%		FL - 80.00%		Paid Off - 360		01-Mar-2005
3029719 2					227,224.79			11-Jul-2005		8.000%		FL - 80.00%		Paid Off - 360		01-Mar-2005
3029731 2			162,000.00		161,391.29			11-Jul-2005		7.500%		VA - 88.52%		Paid Off - 360		01-Mar-2005
3029731 2					161,391.29			11-Jul-2005		7.500%		VA - 88.52%		Paid Off - 360		01-Mar-2005
3038632 2			85,000.00		84,811.78			14-Jul-2005		8.990%		CT - 55.92%		Paid Off - 360		01-Apr-2005
3038632 2					84,811.78			14-Jul-2005		8.990%		CT - 55.92%		Paid Off - 360		01-Apr-2005
3039745 2			180,000.00		179,548.49			22-Jul-2005		9.645%		AL - 80.00%		Paid Off - 360		01-Mar-2005
3039745 2					179,548.49			22-Jul-2005		9.645%		AL - 80.00%		Paid Off - 360		01-Mar-2005
3040009 2			220,000.00		220,000.00			26-Jul-2005		6.875%		MD - 80.00%		Paid Off - 360		01-Apr-2005
3040009 2					220,000.00			26-Jul-2005		6.875%		MD - 80.00%		Paid Off - 360		01-Apr-2005
3052091 2			112,500.00		112,332.66			05-Jul-2005		9.500%		FL - 90.00%		Paid Off - 360		01-May-2005
3052091 2					112,332.66			05-Jul-2005		9.500%		FL - 90.00%		Paid Off - 360		01-May-2005
3052312 2			90,000.00		89,879.37			14-Jul-2005		10.000%		GA - 100.00%		Paid Off - 360		01-May-2005
3052312 2					89,879.37			14-Jul-2005		10.000%		GA - 100.00%		Paid Off - 360		01-May-2005
3052373 2			104,000.00		103,845.31			15-Jul-2005		9.500%		VA - 80.00%		Paid Off - 360		01-May-2005
3052373 2					103,845.31			15-Jul-2005		9.500%		VA - 80.00%		Paid Off - 360		01-May-2005
1000038943 2			111,800.00		111,398.83			05-Jul-2005		10.650%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000038943 2					111,398.83			05-Jul-2005		10.650%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000053569 2			88,000.00		87,693.65			28-Jul-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000053569 2					87,693.65			28-Jul-2005		10.850%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000066644 1			68,000.00		67,774.65			12-Jul-2005		10.450%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000066644 1					67,774.65			12-Jul-2005		10.450%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1000126483 2			228,000.00		225,895.62			21-Jul-2005		5.125%		NJ - 74.27%		Paid Off - 360		01-Jan-2005
1000126483 2					225,895.62			21-Jul-2005		5.125%		NJ - 74.27%		Paid Off - 360		01-Jan-2005
1000208430 1			215,000.00		213,944.30			26-Jul-2005		7.875%		CA - 74.39%		Paid Off - 360		01-Jan-2005
1000208430 1					213,944.30			26-Jul-2005		7.875%		CA - 74.39%		Paid Off - 360		01-Jan-2005
1000214275 1			179,250.00		178,250.76			26-Jul-2005		6.990%		IL - 75.00%		Paid Off - 360		01-Feb-2005
1000214275 1					178,250.76			26-Jul-2005		6.990%		IL - 75.00%		Paid Off - 360		01-Feb-2005
1000216365 1			83,700.00		83,385.48			22-Jul-2005		7.500%		IL - 90.00%		Paid Off - 360		01-Mar-2005
1000216365 1					83,385.48			22-Jul-2005		7.500%		IL - 90.00%		Paid Off - 360		01-Mar-2005
1000216417 1			179,000.00		178,086.12			15-Jul-2005		6.990%		CA - 94.71%		Paid Off - 360		01-Mar-2005
1000216417 1					178,086.12			15-Jul-2005		6.990%		CA - 94.71%		Paid Off - 360		01-Mar-2005
1000218569 1			323,100.00		323,100.00			11-Jul-2005		6.400%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
1000218569 1					323,100.00			11-Jul-2005		6.400%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
1000218696 2			417,600.00		417,600.00			14-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000218696 2					417,600.00			14-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000220148 2			525,000.00		522,762.95			05-Jul-2005		7.800%		MI - 94.94%		Paid Off - 360		01-Feb-2005
1000220148 2					522,762.95			05-Jul-2005		7.800%		MI - 94.94%		Paid Off - 360		01-Feb-2005
1000221392 2			228,921.00		228,921.00			14-Jul-2005		6.500%		CA - 89.77%		Paid Off - 360		01-Mar-2005
1000221392 2					228,921.00			14-Jul-2005		6.500%		CA - 89.77%		Paid Off - 360		01-Mar-2005
1000222382 1			150,000.00		149,401.92			15-Jul-2005		7.200%		NV - 80.65%		Paid Off - 360		01-Mar-2005
1000222382 1					149,401.92			15-Jul-2005		7.200%		NV - 80.65%		Paid Off - 360		01-Mar-2005
1000222581 2			292,000.00		292,000.00			29-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000222581 2					292,000.00			29-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000223837 2			795,000.00		795,000.00			14-Jul-2005		5.950%		CA - 79.50%		Paid Off - 360		01-Mar-2005
1000223837 2					795,000.00			14-Jul-2005		5.950%		CA - 79.50%		Paid Off - 360		01-Mar-2005
1000241269 1			153,000.00		152,198.40			19-Jul-2005		6.750%		NV - 85.00%		Paid Off - 360		01-Feb-2005
1000241269 1					152,198.40			19-Jul-2005		6.750%		NV - 85.00%		Paid Off - 360		01-Feb-2005
1000243873 1			332,000.00		329,855.35			20-Jul-2005		5.650%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
1000243873 1					329,855.35			20-Jul-2005		5.650%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
1000268052 2			332,000.00		329,906.90			19-Jul-2005		6.600%		NY - 79.05%		Paid Off - 360		01-Jan-2005
1000268052 2					329,906.90			19-Jul-2005		6.600%		NY - 79.05%		Paid Off - 360		01-Jan-2005
1000304432 2			440,000.00		439,555.39			12-Jul-2005		6.950%		MA - 93.62%		Paid Off - 360		01-Jan-2005
1000304432 2					439,555.39			12-Jul-2005		6.950%		MA - 93.62%		Paid Off - 360		01-Jan-2005
1000418168 1			315,000.00		313,644.33			21-Jul-2005		7.750%		WA - 90.00%		Paid Off - 360		01-Feb-2005
1000418168 1					313,644.33			21-Jul-2005		7.750%		WA - 90.00%		Paid Off - 360		01-Feb-2005
1000437619 1			157,250.00		156,776.66			11-Jul-2005		8.600%		FL - 85.00%		Paid Off - 360		01-Mar-2005
1000437619 1					156,776.66			11-Jul-2005		8.600%		FL - 85.00%		Paid Off - 360		01-Mar-2005
1000479627 2			500,000.00		496,552.94			28-Jul-2005		5.300%		CA - 66.23%		Paid Off - 360		01-Feb-2005
1000479627 2					496,552.94			28-Jul-2005		5.300%		CA - 66.23%		Paid Off - 360		01-Feb-2005
1000480946 2			429,000.00		427,322.97			07-Jul-2005		7.300%		DC - 74.93%		Paid Off - 360		01-Mar-2005
1000480946 2					427,322.97			07-Jul-2005		7.300%		DC - 74.93%		Paid Off - 360		01-Mar-2005
1000483444 2			500,000.00		497,413.85			28-Jul-2005		5.850%		CA - 89.77%		Paid Off - 360		01-Mar-2005
1000483444 2					497,413.85					5.850%		CA - 89.77%		Paid Off - 360


Page 17 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 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

1000484773 1			271,317.00		270,101.91			26-Jul-2005		7.550%		CA - 83.48%		Paid Off - 360		01-Feb-2005
			271,317.00

1000513304 1			145,000.00		144,072.00			19-Jul-2005		5.700%		CA - 74.36%		Paid Off - 360		01-Feb-2005
1000513304 1					144,072.00			19-Jul-2005		5.700%		CA - 74.36%		Paid Off - 360		01-Feb-2005
1000530330 1			312,000.00		311,279.25			29-Jul-2005		10.750%		NY - 65.00%		Paid Off - 360		01-Feb-2005
1000530330 1					311,279.25			29-Jul-2005		10.750%		NY - 65.00%		Paid Off - 360		01-Feb-2005
1000562144 1			306,000.00		304,656.60			12-Jul-2005		7.650%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
1000562144 1					304,656.60			12-Jul-2005		7.650%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
1000562395 1			39,000.00		38,730.03			29-Jul-2005		9.750%		CA - 20.00%		Paid Off - 240		01-Mar-2005
1000562395 1					38,730.03			29-Jul-2005		9.750%		CA - 20.00%		Paid Off - 240		01-Mar-2005
1000570153 2			416,500.00		414,887.83			29-Jul-2005		7.350%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000570153 2					414,887.83			29-Jul-2005		7.350%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000626629 1			176,000.00		175,400.41			12-Jul-2005		7.990%		WI - 80.00%		Paid Off - 360		01-Mar-2005
1000626629 1					175,400.41			12-Jul-2005		7.990%		WI - 80.00%		Paid Off - 360		01-Mar-2005
1000627539 2			44,000.00		43,739.44			12-Jul-2005		10.950%		WI - 20.00%		Paid Off - 240		01-Mar-2005
1000627539 2					43,739.44			12-Jul-2005		10.950%		WI - 20.00%		Paid Off - 240		01-Mar-2005
1000629056 2			308,123.00		307,415.19			26-Jul-2005		9.900%		CA - 100.00%		Paid Off - 360		01-Mar-2005
1000629056 2					307,415.19			26-Jul-2005		9.900%		CA - 100.00%		Paid Off - 360		01-Mar-2005
1000631542 1			266,000.00		262,673.75			08-Jul-2005		7.000%		FL - 95.00%		Paid Off - 240		01-Feb-2005
1000631542 1					262,673.75			08-Jul-2005		7.000%		FL - 95.00%		Paid Off - 240		01-Feb-2005
1000632970 1			300,000.00		298,499.96			12-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000632970 1					298,499.96			12-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000639919 2			43,600.00		43,341.83			29-Jul-2005		10.950%		WA - 20.00%		Paid Off - 240		01-Mar-2005
1000639919 2					43,341.83			29-Jul-2005		10.950%		WA - 20.00%		Paid Off - 240		01-Mar-2005
1000640578 2			333,000.00		331,536.09			06-Jul-2005		6.700%		NY - 88.80%		Paid Off - 360		01-Mar-2005
1000640578 2					331,536.09			06-Jul-2005		6.700%		NY - 88.80%		Paid Off - 360		01-Mar-2005
1000667433 2			197,000.00		196,334.87			28-Jul-2005		8.050%		NJ - 83.12%		Paid Off - 360		01-Mar-2005
1000667433 2					196,334.87			28-Jul-2005		8.050%		NJ - 83.12%		Paid Off - 360		01-Mar-2005
1000678047 2			322,400.00		322,399.97			19-Jul-2005		9.725%		FL - 89.99%		Paid Off - 360		01-Apr-2005
1000678047 2					322,399.97			19-Jul-2005		9.725%		FL - 89.99%		Paid Off - 360		01-Apr-2005
1000702476 1			97,000.00		96,552.50			21-Jul-2005		6.450%		CA - 34.16%		Paid Off - 360		01-Mar-2005
1000702476 1					96,552.50			21-Jul-2005		6.450%		CA - 34.16%		Paid Off - 360		01-Mar-2005
1000710582 2			55,000.00		54,791.18			13-Jul-2005		7.750%		PA - 76.39%		Paid Off - 360		01-Mar-2005
1000710582 2					54,791.18			13-Jul-2005		7.750%		PA - 76.39%		Paid Off - 360		01-Mar-2005
1000763837 1			191,250.00		190,359.09			25-Jul-2005		6.400%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000763837 1					190,359.09			25-Jul-2005		6.400%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000776486 1			148,000.00		147,404.06			25-Jul-2005		7.150%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000776486 1					147,404.06			25-Jul-2005		7.150%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000792351 1			174,250.00		173,639.39			08-Jul-2005		7.850%		AZ - 85.00%		Paid Off - 360		01-Mar-2005
1000792351 1					173,639.39			08-Jul-2005		7.850%		AZ - 85.00%		Paid Off - 360		01-Mar-2005
1000843412 1			125,600.00		125,013.64			05-Jul-2005		6.388%		MT - 80.00%		Paid Off - 360		01-Mar-2005
1000843412 1					125,013.64			05-Jul-2005		6.388%		MT - 80.00%		Paid Off - 360		01-Mar-2005
1000850706 2			163,200.00		163,199.60			29-Jul-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000850706 2					163,199.60			29-Jul-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000851091 1			40,800.00		40,531.99			29-Jul-2005		10.150%		CA - 20.00%		Paid Off - 240		01-Mar-2005
1000851091 1					40,531.99			29-Jul-2005		10.150%		CA - 20.00%		Paid Off - 240		01-Mar-2005
1000851420 2			360,000.00		358,687.58			26-Jul-2005		6.500%		NV - 64.87%		Paid Off - 360		01-Apr-2005
1000851420 2					358,687.58			26-Jul-2005		6.500%		NV - 64.87%		Paid Off - 360		01-Apr-2005
1000851625 2			277,435.00		277,434.98			01-Jul-2005		6.550%		CA - 78.15%		Paid Off - 360		01-Apr-2005
1000851625 2					277,434.98			01-Jul-2005		6.550%		CA - 78.15%		Paid Off - 360		01-Apr-2005
1000868519 1			142,500.00		142,140.15			28-Jul-2005		8.350%		CA - 75.00%		Paid Off - 360		01-Apr-2005
1000868519 1					142,140.15			28-Jul-2005		8.350%		CA - 75.00%		Paid Off - 360		01-Apr-2005
1200017261 2			150,000.00		149,385.94			28-Jul-2005		8.000%		CA - 68.18%		Paid Off - 360		01-Feb-2005
1200017261 2					149,385.94			28-Jul-2005		8.000%		CA - 68.18%		Paid Off - 360		01-Feb-2005
2000012091 1			73,000.00		72,670.18			27-Jul-2005		9.990%		CA - 100.00%		Paid Off - 180		01-Nov-2004
2000012091 1					72,670.18			27-Jul-2005		9.990%		CA - 100.00%		Paid Off - 180		01-Nov-2004
2000015169 1			332,500.00		330,080.49			06-Jul-2005		5.850%		CA - 89.86%		Paid Off - 360		01-Jan-2005
2000015169 1					330,080.49			06-Jul-2005		5.850%		CA - 89.86%		Paid Off - 360		01-Jan-2005
2000015664 1			267,750.00		266,216.73			01-Jul-2005		7.100%		CA - 85.00%		Paid Off - 360		01-Jan-2005
2000015664 1					266,216.73			01-Jul-2005		7.100%		CA - 85.00%		Paid Off - 360		01-Jan-2005
2000016349 2			390,000.00		389,999.80			01-Jul-2005		5.900%		CA - 72.90%		Paid Off - 360		01-Feb-2005
2000016349 2					389,999.80			01-Jul-2005		5.900%		CA - 72.90%		Paid Off - 360		01-Feb-2005
2000016389 2			185,000.00		185,000.00			22-Jul-2005		5.850%		CA - 34.91%		Paid Off - 360		01-Feb-2005
2000016389 2					185,000.00			22-Jul-2005		5.850%		CA - 34.91%		Paid Off - 360		01-Feb-2005
2000016893 1			306,000.00		305,999.97			22-Jul-2005		5.375%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2000016893 1					305,999.97			22-Jul-2005		5.375%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2000017068 2			253,500.00		253,499.99			07-Jul-2005		7.300%		CA - 65.00%		Paid Off - 360		01-Feb-2005
2000017068 2					253,499.99			07-Jul-2005		7.300%		CA - 65.00%		Paid Off - 360		01-Feb-2005
2000021149 2			544,000.00		544,000.00			15-Jul-2005		7.650%		CA - 80.00%		Paid Off - 360		01-May-2005
2000021149 2					544,000.00			15-Jul-2005		7.650%		CA - 80.00%		Paid Off - 360		01-May-2005
2000021173 2			136,000.00		135,849.13			15-Jul-2005		10.875%		CA - 20.00%		Paid Off - 180		01-May-2005
2000021173 2					135,849.13			15-Jul-2005		10.875%		CA - 20.00%		Paid Off - 180		01-May-2005
2000022007 2			388,000.00		388,000.00			20-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-May-2005
2000022007 2					388,000.00			20-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-May-2005
2000022017 2			72,750.00		72,662.49			20-Jul-2005		10.500%		CA - 15.00%		Paid Off - 180		01-May-2005
2000022017 2					72,662.49					10.500%		CA - 15.00%		Paid Off - 180


Page 18 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 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

5000125725 1			204,300.00		203,532.34			19-Jul-2005		7.500%		IL - 90.00%		Paid Off - 360		01-Mar-2005
			204,300.00

5000131124 2			500,000.00		497,823.15			25-Jul-2005		6.750%		NY - 84.75%		Paid Off - 360		01-Mar-2005
5000131124 2					497,823.15			25-Jul-2005		6.750%		NY - 84.75%		Paid Off - 360		01-Mar-2005
5000133063 1			153,000.00		151,558.16			14-Jul-2005		7.250%		IL - 90.00%		Paid Off - 240		01-Mar-2005
5000133063 1					151,558.16			14-Jul-2005		7.250%		IL - 90.00%		Paid Off - 240		01-Mar-2005
6000132944 1			105,300.00		104,998.81			29-Jul-2005		8.850%		VA - 90.00%		Paid Off - 360		01-Mar-2005
6000132944 1					104,998.81			29-Jul-2005		8.850%		VA - 90.00%		Paid Off - 360		01-Mar-2005
6000133136 1			260,000.00		259,098.03			15-Jul-2005		7.900%		VA - 80.00%		Paid Off - 360		01-Mar-2005
6000133136 1					259,098.03			15-Jul-2005		7.900%		VA - 80.00%		Paid Off - 360		01-Mar-2005
6000135958 1			233,600.00		232,764.92			25-Jul-2005		7.750%		MD - 80.00%		Paid Off - 360		01-Mar-2005
6000135958 1					232,764.92			25-Jul-2005		7.750%		MD - 80.00%		Paid Off - 360		01-Mar-2005
7000108102 1			135,000.00		133,755.50			27-Jul-2005		7.500%		CA - 31.40%		Paid Off - 360		01-Aug-2004
7000108102 1					133,755.50			27-Jul-2005		7.500%		CA - 31.40%		Paid Off - 360		01-Aug-2004
7000120902 2			305,000.00		305,000.00			19-Jul-2005		5.490%		CA - 69.32%		Paid Off - 360		01-Dec-2004
7000120902 2					305,000.00			19-Jul-2005		5.490%		CA - 69.32%		Paid Off - 360		01-Dec-2004
7000124577 1			150,000.00		149,165.86			20-Jul-2005		7.250%		CA - 44.78%		Paid Off - 360		01-Jan-2005
7000124577 1					149,165.86			20-Jul-2005		7.250%		CA - 44.78%		Paid Off - 360		01-Jan-2005
7000128928 1			150,000.00		149,392.09			29-Jul-2005		8.050%		CA - 65.22%		Paid Off - 360		01-Feb-2005
7000128928 1					149,392.09			29-Jul-2005		8.050%		CA - 65.22%		Paid Off - 360		01-Feb-2005
7000129499 1			220,800.00		219,801.29			13-Jul-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000129499 1					219,801.29			13-Jul-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000130884 1			270,000.00		269,243.65			26-Jul-2005		8.950%		CA - 72.39%		Paid Off - 360		01-Mar-2005
7000130884 1					269,243.65			26-Jul-2005		8.950%		CA - 72.39%		Paid Off - 360		01-Mar-2005
7000131027 1			104,000.00		103,711.07			27-Jul-2005		8.990%		CA - 20.00%		Paid Off - 360		01-Mar-2005
7000131027 1					103,711.07			27-Jul-2005		8.990%		CA - 20.00%		Paid Off - 360		01-Mar-2005
7000131509 1			102,400.00		101,974.52			14-Jul-2005		6.990%		ID - 80.00%		Paid Off - 360		01-Mar-2005
7000131509 1					101,974.52			14-Jul-2005		6.990%		ID - 80.00%		Paid Off - 360		01-Mar-2005
7000132050 1			312,000.00		310,532.65			29-Jul-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Mar-2005
7000132050 1					310,532.65			29-Jul-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Mar-2005
7000132400 1			33,920.00		33,825.95			13-Jul-2005		9.000%		CA - 20.00%		Paid Off - 360		01-Mar-2005
7000132400 1					33,825.95			13-Jul-2005		9.000%		CA - 20.00%		Paid Off - 360		01-Mar-2005
7000132432 2			400,000.00		400,000.00			15-Jul-2005		6.450%		CA - 89.89%		Paid Off - 360		01-Mar-2005
7000132432 2					400,000.00			15-Jul-2005		6.450%		CA - 89.89%		Paid Off - 360		01-Mar-2005
8000030010 2			370,750.00		369,907.27			14-Jul-2005		9.950%		NJ - 57.48%		Paid Off - 360		01-Mar-2005
8000030010 2					369,907.27			14-Jul-2005		9.950%		NJ - 57.48%		Paid Off - 360		01-Mar-2005
8000034002 1			213,500.00		212,681.68			13-Jul-2005		7.400%		NJ - 70.00%		Paid Off - 360		01-Mar-2005
8000034002 1					212,681.68			13-Jul-2005		7.400%		NJ - 70.00%		Paid Off - 360		01-Mar-2005
8000034098 2			228,000.00		227,232.57			21-Jul-2005		8.050%		NJ - 80.00%		Paid Off - 360		01-Mar-2005
8000034098 2					227,232.57			21-Jul-2005		8.050%		NJ - 80.00%		Paid Off - 360		01-Mar-2005
8000034339 2			272,000.00		270,926.16			18-Jul-2005		7.250%		NJ - 80.00%		Paid Off - 360		01-Mar-2005
8000034339 2					270,926.16			18-Jul-2005		7.250%		NJ - 80.00%		Paid Off - 360		01-Mar-2005


TOTAL			29,093,161.00		28,988,982.05
TOTAL


Page 19 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



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

Cumulative
Cumulative



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










Page 20 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 21 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

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 22 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 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-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		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
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)
						Balances 60+ days includes Bankruptcy and Foreclosure
						Ending Balance
						Senior Enhancement Percentage						24.3500%
						Cumulative Loss Percentage



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														0.00
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

Basis Risk CarryForward Amount Paid
Basis Risk CarryForward Amount Unpaid




Page 24 of 25
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

August 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT


CLASS







Page 25 of 25

GSAMP Trust 2005-HE3 8-K