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

                GS Mortgage Securities Corp. (as Depositor under the
               Pooling and Servicing Agreement, dated as November 1, 2005,
               providing for the issuance of GSAMP Trust 2005-HE5 Mortgage
                      Pass-Through Certificates Series 2005-HE5)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-127620-09                          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
     December 27, 2005.

                                    Signatures

               Pursuant to the requirements of the Securities Exchange Act of
          1934, the Registrant has duly caused this report to be signed on its
          behalf by the undersigned, hereunto duly authorized.

                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on behalf
                                  of GS Mortgage Securities Corp., Registrant


          Date:  Dec 29, 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 December 27, 2005.



GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Goldman Sachs & Co.						1. Certificate Payment Report					2
				Goldman Sachs & Co.						2. Collection Account Report					6
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15

										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										9. Prepayment Detail Report					20
										10. Realized Loss Report					22
										11. Realized Loss Detail Report					25
				Servicer(s)						11. Realized Loss Detail Report					25
				Servicer(s)						12. Triggers and Adj. Cert. Report					26
				Litton Loan Servicing						12. Triggers and Adj. Cert. Report					26
				Litton Loan Servicing						13. Additional Certificate Report					28
										13. Additional Certificate Report					28


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					28
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			November 01, 2005			Hang Luu
				Close Date:			November 22, 2005			Administrator
				First Distribution Date:			December 27, 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:			December 27, 2005
										Factor Information:			(800) 735-7777
				Record Date:			November 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							December 23, 2005
							December 23, 2005

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






Page 1 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - UT REMIC
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


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

A-1	SR	$	405,564,000.00		405,564,000.00		1,737,132.57		5,877,162.06		7,614,294.63		0.00		0.00		399,686,837.94
A-1	SR	$	405,564,000.00		405,564,000.00		1,737,132.57		5,877,162.06		7,614,294.63		0.00		0.00		399,686,837.94
A-2A	SR	$	148,016,000.00		148,016,000.00		613,843.12		3,582,629.50		4,196,472.62		0.00		0.00		144,433,370.50
A-2B	SR	$	45,362,000.00		45,362,000.00		191,209.71		0.00		191,209.71		0.00		0.00		45,362,000.00
A-2C	SR	$	53,218,000.00		53,218,000.00		227,946.07		0.00		227,946.07		0.00		0.00		53,218,000.00
A-2D	SR	$	46,405,000.00		46,405,000.00		203,275.88		0.00		203,275.88		0.00		0.00		46,405,000.00
M-1	MEZ	$	36,888,000.00		36,888,000.00		164,455.98		0.00		164,455.98		0.00		0.00		36,888,000.00
M-2	MEZ	$	33,660,000.00		33,660,000.00		150,391.99		0.00		150,391.99		0.00		0.00		33,660,000.00
M-3	MEZ	$	23,516,000.00		23,516,000.00		105,754.75		0.00		105,754.75		0.00		0.00		23,516,000.00
M-4	MEZ	$	16,600,000.00		16,600,000.00		76,911.97		0.00		76,911.97		0.00		0.00		16,600,000.00
M-5	MEZ	$	16,599,000.00		16,599,000.00		77,391.48		0.00		77,391.48		0.00		0.00		16,599,000.00
M-6	MEZ	$	14,294,000.00		14,294,000.00		67,617.39		0.00		67,617.39		0.00		0.00		14,294,000.00
M-7	MEZ	$	15,217,000.00		15,217,000.00		81,599.92		0.00		81,599.92		0.00		0.00		15,217,000.00
M-8	MEZ	$	11,527,000.00		11,527,000.00		63,493.61		0.00		63,493.61		0.00		0.00		11,527,000.00
B-1	SUB	$	11,528,000.00		11,528,000.00		70,223.79		0.00		70,223.79		0.00		0.00		11,528,000.00
B-2	SUB	$	10,144,000.00		10,144,000.00		65,737.93		0.00		65,737.93		0.00		0.00		10,144,000.00
R-1	RES	$	50.00		50.00		0.00		50.00		50.00		0.00		0.00		0.00
R-2	RES	$	100.00		100.00		0.00		100.00		100.00		0.00		0.00		0.00
R-3	RES	$	50.00		50.00		0.00		50.00		50.00		0.00		0.00		0.00
X	NOF	$	33,660,471.57		33,660,471.57		1,217,552.59		220.06		1,217,772.65		0.00		0.00		33,660,251.51
P	NOF	$	0.00		0.00		67,284.85		0.00		67,284.85		0.00		0.00		0.00


Total			922,198,671.57		922,198,671.57		5,181,823.60		9,460,211.62		14,642,035.22		0.00		0.00		912,738,459.95
Total





Page 2 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	11/22/05		12/26/05		A-Act/360		362341YW3		405,564,000.00		1,000.000000		4.283251		14.491331		18.774582	985.508669
A-2A	11/22/05		12/26/05		A-Act/360		362341YX1		148,016,000.00		1,000.000000		4.147140		24.204339		28.351480	975.795661
A-2B	11/22/05		12/26/05		A-Act/360		362341YY9		45,362,000.00		1,000.000000		4.215196		0.000000		4.215196	1,000.000000
A-2C	11/22/05		12/26/05		A-Act/360		362341YZ6		53,218,000.00		1,000.000000		4.283251		0.000000		4.283251	1,000.000000
A-2D	11/22/05		12/26/05		A-Act/360		362341ZA0		46,405,000.00		1,000.000000		4.380474		0.000000		4.380474	1,000.000000
M-1	11/22/05		12/26/05		A-Act/360		362341ZB8		36,888,000.00		1,000.000000		4.458251		0.000000		4.458251	1,000.000000
M-2	11/22/05		12/26/05		A-Act/360		362341ZC6		33,660,000.00		1,000.000000		4.467974		0.000000		4.467974	1,000.000000
M-3	11/22/05		12/26/05		A-Act/360		362341ZD4		23,516,000.00		1,000.000000		4.497140		0.000000		4.497140	1,000.000000
M-4	11/22/05		12/26/05		A-Act/360		362341ZE2		16,600,000.00		1,000.000000		4.633251		0.000000		4.633251	1,000.000000
M-5	11/22/05		12/26/05		A-Act/360		362341ZF9		16,599,000.00		1,000.000000		4.662418		0.000000		4.662418	1,000.000000
M-6	11/22/05		12/26/05		A-Act/360		362341ZG7		14,294,000.00		1,000.000000		4.730474		0.000000		4.730474	1,000.000000
M-7	11/22/05		12/26/05		A-Act/360		362341ZH5		15,217,000.00		1,000.000000		5.362418		0.000000		5.362418	1,000.000000
M-8	11/22/05		12/26/05		A-Act/360		362341ZJ1		11,527,000.00		1,000.000000		5.508251		0.000000		5.508251	1,000.000000
B-1	11/22/05		12/26/05		A-Act/360		362341ZK8		11,528,000.00		1,000.000000		6.091585		0.000000		6.091585	1,000.000000
B-2	11/22/05		12/26/05		A-Act/360		362341ZL6		10,144,000.00		1,000.000000		6.480474		0.000000		6.480474	1,000.000000
R-1	11/25/05		12/24/05		A-30/360		362341ZM4		50.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
R-2	11/25/05		12/24/05		A-30/360		362341ZN2		100.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
R-3	11/25/05		12/24/05		A-30/360		362341B73		50.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
X	11/25/05		12/24/05		F-30/360		362341ZQ5		33,660,471.57		1,000.000000		36.171584		0.006538		36.178122	999.993462
P	11/25/05		12/24/05		F-30/360		362341ZR3		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

Distribution to Date - UT REMIC
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	405,564,000.00		1,737,132.57		5,624,975.95		252,186.11		5,877,162.06		7,614,294.63		0.00		0.00		399,686,837.94
A-2A	148,016,000.00		613,843.12		3,428,900.64		153,728.86		3,582,629.50		4,196,472.62		0.00		0.00		144,433,370.50
A-2B	45,362,000.00		191,209.71		0.00		0.00		0.00		191,209.71		0.00		0.00		45,362,000.00
A-2C	53,218,000.00		227,946.07		0.00		0.00		0.00		227,946.07		0.00		0.00		53,218,000.00
A-2D	46,405,000.00		203,275.88		0.00		0.00		0.00		203,275.88		0.00		0.00		46,405,000.00
M-1	36,888,000.00		164,455.98		0.00		0.00		0.00		164,455.98		0.00		0.00		36,888,000.00
M-2	33,660,000.00		150,391.99		0.00		0.00		0.00		150,391.99		0.00		0.00		33,660,000.00
M-3	23,516,000.00		105,754.75		0.00		0.00		0.00		105,754.75		0.00		0.00		23,516,000.00
M-4	16,600,000.00		76,911.97		0.00		0.00		0.00		76,911.97		0.00		0.00		16,600,000.00
M-5	16,599,000.00		77,391.48		0.00		0.00		0.00		77,391.48		0.00		0.00		16,599,000.00
M-6	14,294,000.00		67,617.39		0.00		0.00		0.00		67,617.39		0.00		0.00		14,294,000.00
M-7	15,217,000.00		81,599.92		0.00		0.00		0.00		81,599.92		0.00		0.00		15,217,000.00
M-8	11,527,000.00		63,493.61		0.00		0.00		0.00		63,493.61		0.00		0.00		11,527,000.00
B-1	11,528,000.00		70,223.79		0.00		0.00		0.00		70,223.79		0.00		0.00		11,528,000.00
B-2	10,144,000.00		65,737.93		0.00		0.00		0.00		65,737.93		0.00		0.00		10,144,000.00
R-1	50.00		0.00		47.85		2.15		50.00		50.00		0.00		0.00		0.00
R-2	100.00		0.00		95.71		4.29		100.00		100.00		0.00		0.00		0.00
R-3	50.00		0.00		47.85		2.15		50.00		50.00		0.00		0.00		0.00
X	33,660,471.57		1,217,552.59		210.62		9.44		220.06		1,217,772.65		0.00		0.00		33,660,251.51
P	0.00		67,284.85		0.00		0.00		0.00		67,284.85		0.00		0.00		0.00


Total	922,198,671.57		5,181,823.60		9,054,278.62		405,933.00		9,460,211.62		14,642,035.22		0.00		0.00		912,738,459.95



Page 4 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	4.40563%		405,564,000.00		1,737,132.57		0.00		0.00		0.00		1,737,132.57		1,737,132.57		0.00
A-2A	4.26563%		148,016,000.00		613,843.12		0.00		0.00		0.00		613,843.12		613,843.12		0.00
A-2B	4.33563%		45,362,000.00		191,209.71		0.00		0.00		0.00		191,209.71		191,209.71		0.00
A-2C	4.40563%		53,218,000.00		227,946.07		0.00		0.00		0.00		227,946.07		227,946.07		0.00
A-2D	4.50563%		46,405,000.00		203,275.88		0.00		0.00		0.00		203,275.88		203,275.88		0.00
M-1	4.58563%		36,888,000.00		164,455.98		0.00		0.00		0.00		164,455.98		164,455.98		0.00
M-2	4.59563%		33,660,000.00		150,391.99		0.00		0.00		0.00		150,391.99		150,391.99		0.00
M-3	4.62563%		23,516,000.00		105,754.75		0.00		0.00		0.00		105,754.75		105,754.75		0.00
M-4	4.76563%		16,600,000.00		76,911.97		0.00		0.00		0.00		76,911.97		76,911.97		0.00
M-5	4.79563%		16,599,000.00		77,391.48		0.00		0.00		0.00		77,391.48		77,391.48		0.00
M-6	4.86563%		14,294,000.00		67,617.39		0.00		0.00		0.00		67,617.39		67,617.39		0.00
M-7	5.51563%		15,217,000.00		81,599.92		0.00		0.00		0.00		81,599.92		81,599.92		0.00
M-8	5.66563%		11,527,000.00		63,493.61		0.00		0.00		0.00		63,493.61		63,493.61		0.00
B-1	5.70448%		11,528,000.00		63,934.60		0.00		0.00		0.00		63,934.60		70,223.79		0.00
B-2	5.70448%		10,144,000.00		56,258.90		0.00		0.00		0.00		56,258.90		65,737.93		0.00
R-1	0.00000%		50.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-3	0.00000%		50.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
X	43.40590%		33,660,471.57		0.00		0.00		0.00		0.00		0.00		1,217,552.59		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		67,284.85		0.00


Total			922,198,671.57		3,881,217.94		0.00		0.00		0.00		3,881,217.94		5,181,823.60		0.00



Page 5 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										3,582,788.59		5,877,423.03		9,460,211.62
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts												0.00		0.00
TOTAL NET PRINCIPAL										3,582,788.59		5,877,423.03		9,460,211.62
Interest Collections										5,846,061.17		8,180,952.65		5,445,018.20
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts														3,612,597.23
Interest Fees										-48,090.09		-48,090.09		-3,875,791.83
TOTAL NET INTEREST										7,917,758.05		7,917,758.05		5,181,823.60
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										11,500,546.64		13,795,181.08		14,642,035.22



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											165,033.19		240,899.81		405,933.00
Prepayments In Full											3,371,410.35		5,626,410.36		8,997,820.71
Curtailments											46,345.05		10,112.86		56,457.91
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											-149,066.04		-210,000.39		-359,066.43
Advanced Principal											149,066.04		210,000.39		359,066.43
TOTAL PRINCIPAL COLLECTED											3,582,788.59		5,877,423.03		9,460,211.62


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 6 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										2,400,050.62		3,385,385.68		5,785,436.30
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										-10,193.70		-16,157.53		-26,351.23
Compensating Interest
Delinquent Interest										-2,161,885.57		-2,926,624.64		-5,088,510.21
Interest Advanced										2,015,471.26		2,732,620.85		4,748,092.11
TOTAL INTEREST COLLECTED										5,846,061.17		8,180,952.65		5,445,018.20


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														67,284.85
Swap Payment Received from Goldman Sachs														3,545,312.38
TOTAL INTEREST OTHER ACCOUNTS														3,612,597.23



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										16,011.88		30,387.52		46,399.40
Current Trustee Fees										709.13		981.56		1,690.70
Custodian Fees														0.00
Swap Fee Paid to Goldman Sachs														3,827,701.74
TOTAL INTEREST OTHER FEES										48,090.09		48,090.09		3,875,791.83




Page 7 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Excess Reserve Fund Begining Balance														0.00
Excess Reserve Fund Amount Deposited														15,768.22
Excess Reserve Fund Amount Withdrawn														15,768.22
Excess Reserve Fund Ending Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														33,660,251.51
Overcollateralization Target Amount														33,660,251.51
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														220.06




Page 8 of 28
GSAMP Trust 2005-HE5

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Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,960		4,200		6,160
Prior										1,960		4,200		6,160
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-10		-33		-43
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										1,950		4,167		6,117
Principal Balance:


Original										386,800,602.41		535,398,069.16		922,198,671.57
Prior										386,800,602.41		535,398,069.16		922,198,671.57
Prefunding										0.00		0.00		0.00
Scheduled Principal										-165,033.19		-240,899.81		-405,933.00
Partial Prepayments										-46,345.05		-10,112.86		-56,457.91
Full Voluntary Prepayments										-3,371,410.35		-5,626,410.36		-8,997,820.71
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										383,217,813.82		529,520,646.13		912,738,459.95





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 28
GSAMP Trust 2005-HE5

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Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.44585%		7.58774%		7.52823%
Weighted Average Coupon Prior										7.44585%		7.58774%		7.52823%
Weighted Average Coupon Current										7.44585%		7.58774%		7.52823%
Weighted Average Months to Maturity Original										350		353		352
Weighted Average Months to Maturity Prior										350		353		352
Weighted Average Months to Maturity Current										350		353		352
Weighted Avg Remaining Amortization Term Original										356		357		357
Weighted Avg Remaining Amortization Term Prior										356		357		357
Weighted Avg Remaining Amortization Term Current										356		357		357
Weighted Average Seasoning Original										4.16		4.30		4.24
Weighted Average Seasoning Prior										4.16		4.30		4.24
Weighted Average Seasoning Current										4.16		4.30		4.24









Page 10 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.39959%		6.51175%		6.46544%
Weighted Average Margin Prior										6.39959%		6.51175%		6.46544%
Weighted Average Margin Current										6.39959%		6.51175%		6.46544%
Weighted Average Max Rate Original										13.44877%		13.56333%		13.51603%
Weighted Average Max Rate Prior										13.44877%		13.56333%		13.51603%
Weighted Average Max Rate Current										13.44877%		13.56333%		13.51603%
Weighted Average Min Rate Original										7.18837%		7.27746%		7.24068%
Weighted Average Min Rate Prior										7.18837%		7.27746%		7.24068%
Weighted Average Min Rate Current										7.18837%		7.27746%		7.24068%
Weighted Average Cap Up Original										1.02145%		1.01608%		1.01830%
Weighted Average Cap Up Prior										1.02145%		1.01608%		1.01830%
Weighted Average Cap Up Current										1.02145%		1.01608%		1.01830%
Weighted Average Cap Down Original										1.02145%		1.01608%		1.01830%
Weighted Average Cap Down Prior										1.02145%		1.01608%		1.01830%
Weighted Average Cap Down Current										1.02145%		1.01608%		1.01830%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										16,011.88		30,387.52		46,399.40
Delinquent Servicing Fees										145,075.08		192,627.35		337,702.43
TOTAL SERVICING FEES										161,086.97		223,014.89		384,101.86


Compensating Interest
Delinquent Servicing Fees										-145,075.08		-192,627.35		-337,702.43
COLLECTED SERVICING FEES														20,048.18


Aggregate Advances with respect to this Distribution														5,107,158.53





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

Current LIBOR Rate														4.165630%

Next LIBOR Rate														4.378750%




Page 11 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				19,666,680.37		6,157,807.91		1,792,637.87		27,617,126.15
			% Balance				2.15%		0.67%		0.20%		3.03%
			# Loans				131		41		10		182
			% # Loans				2.14%		0.67%		0.16%		2.98%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		510,352.59		175,361.79		54,857.44		740,571.82
			% Balance		0.00%		0.06%		0.02%		0.01%		0.08%
			# Loans		0		4		2		1		7
			% # Loans		0.00%		0.07%		0.03%		0.02%		0.11%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		20,177,032.96		6,333,169.70		1,847,495.31		28,357,697.97
			% Balance		0.00%		2.21%		0.69%		0.20%		3.11%
			# Loans		0		135		43		11		189
			% # Loans		0.00%		2.21%		0.70%		0.18%		3.09%








Page 12 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				14,045,746.98		3,909,292.88		1,038,282.19		18,993,322.05
			% Balance				2.65%		0.74%		0.20%		3.59%
			# Loans				103		33		7		143
			% # Loans				2.47%		0.79%		0.17%		3.43%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		510,352.59		67,755.68		54,857.44		632,965.71
			% Balance		0.00%		0.10%		0.01%		0.01%		0.12%
			# Loans		0		4		1		1		6
			% # Loans		0.00%		0.10%		0.02%		0.02%		0.14%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		14,556,099.57		3,977,048.56		1,093,139.63		19,626,287.76
			% Balance		0.00%		2.75%		0.75%		0.21%		3.71%
			# Loans		0		107		34		8		149
			% # Loans		0.00%		2.57%		0.82%		0.19%		3.58%










Page 13 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				5,620,933.39		2,248,515.03		754,355.68		8,623,804.10
			% Balance				1.47%		0.59%		0.20%		2.25%
			# Loans				28		8		3		39
			% # Loans				1.44%		0.41%		0.15%		2.00%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		107,606.11		0.00		107,606.11
			% Balance		0.00%		0.00%		0.03%		0.00%		0.03%
			# Loans		0		0		1		0		1
			% # Loans		0.00%		0.00%		0.05%		0.00%		0.05%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		5,620,933.39		2,356,121.14		754,355.68		8,731,410.21
			% Balance		0.00%		1.47%		0.61%		0.20%		2.28%
			# Loans		0		28		9		3		40
			% # Loans		0.00%		1.44%		0.46%		0.15%		2.05%









Page 14 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 15 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 16 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										10		33		43
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										10		33		43
Curtailments Amount										46,345.05		10,112.86		56,457.91
Paid in Full Balance										3,371,410.35		5,626,410.36		8,997,820.71
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										3,417,755.40		5,636,523.22		9,054,278.62

Cumulative


Number of Paid in Full Loans										10		33		43
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										10		33		43
Paid in Full Balance										3,371,410.35		5,626,410.36		8,997,820.71
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										46,345.05		10,112.86		56,457.91
Total Prepayment Amount										3,417,755.40		5,636,523.22		9,054,278.62










Page 17 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										0.88%		1.05%		0.98%
3 Months Avg SMM										0.88%		1.05%		0.98%
12 Months Avg SMM										0.88%		1.05%		0.98%
Avg SMM Since Cut-off										0.88%		1.05%		0.98%


CPR										10.11%		11.93%		11.17%
3 Months Avg CPR										10.11%		11.93%		11.17%
12 Months Avg CPR										10.11%		11.93%		11.17%
Avg CPR Since Cut-off										10.11%		11.93%		11.17%


PSA										1,215.72%		1,388.64%		1,318.00%
3 Months Avg PSA Approximation										1,215.71%		1,388.64%		1,318.01%
12 Months Avg PSA Approximation										1,215.71%		1,388.64%		1,318.01%
Avg PSA Since Cut-off Approximation										1,215.71%		1,388.64%		1,318.01%










Page 18 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 19 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

3178993 2			302,568.00		302,106.13			30-Nov-2005		7.375%		TX - 80.00%		Paid Off - 360		01-Nov-2005
3178993 2			302,568.00		302,106.13			30-Nov-2005		7.375%		TX - 80.00%		Paid Off - 360		01-Nov-2005
14393052 1			171,500.00		171,500.00			29-Nov-2005		7.375%		OH - 79.98%		Paid Off - 360		01-Jul-2005
14393433 2			264,850.00		264,850.00			01-Nov-2005		7.125%		MD - 79.99%		Paid Off - 360		01-Jul-2005
14394035 1			285,950.00		284,977.79			01-Nov-2005		8.000%		IL - 94.53%		Paid Off - 360		01-Jul-2005
14394241 1			204,000.00		204,000.00			02-Nov-2005		6.225%		MN - 80.00%		Paid Off - 360		01-Jul-2005
14475438 1			138,700.00		138,382.21			16-Nov-2005		8.825%		GA - 95.00%		Paid Off - 360		01-Aug-2005
14476790 1			128,000.00		127,638.74			23-Nov-2005		7.800%		MD - 80.00%		Paid Off - 360		01-Aug-2005
14477764 1			329,000.00		327,745.26			22-Nov-2005		7.425%		DC - 60.93%		Paid Off - 360		01-Jul-2005
14478119 1			76,500.00		76,319.22			22-Nov-2005		8.675%		MI - 85.00%		Paid Off - 360		01-Aug-2005
14479208 1			119,500.00		119,395.20			17-Nov-2005		8.950%		NC - 92.64%		Paid Off - 360		01-Aug-2005
14481477 1			175,100.00		174,999.37			23-Nov-2005		7.500%		FL - 85.00%		Paid Off - 360		01-Jul-2005
14481576 1			189,050.00		189,050.00			02-Nov-2005		7.475%		FL - 79.98%		Paid Off - 360		01-Jul-2005
14481808 2			105,150.00		105,150.00			15-Nov-2005		7.400%		FL - 79.98%		Paid Off - 360		01-Jul-2005
14485312 2			698,400.00		698,400.00			15-Nov-2005		7.975%		IL - 80.00%		Paid Off - 360		01-Aug-2005
14485791 1			184,000.00		184,000.00			22-Nov-2005		7.750%		MN - 80.00%		Paid Off - 360		01-Aug-2005
14486435 1			162,300.00		162,300.00			16-Nov-2005		7.775%		MA - 79.99%		Paid Off - 360		01-Aug-2005
14486641 1			126,000.00		126,000.00			03-Nov-2005		9.875%		AZ - 100.00%		Paid Off - 360		01-Aug-2005
14486674 2			600,000.00		598,276.62			23-Nov-2005		7.725%		NJ - 75.00%		Paid Off - 360		01-Aug-2005
14487045 1			164,800.00		164,800.00			14-Nov-2005		6.850%		MD - 80.00%		Paid Off - 360		01-Aug-2005
14487086 1			132,950.00		132,950.00			17-Nov-2005		7.275%		AZ - 79.97%		Paid Off - 360		01-Aug-2005
14491195 1			145,000.00		144,426.47			09-Nov-2005		6.075%		FL - 60.42%		Paid Off - 360		01-Aug-2005
14491492 1			205,000.00		204,397.80			16-Nov-2005		7.600%		FL - 66.13%		Paid Off - 360		01-Aug-2005
14492458 1			189,541.00		189,540.99			31-Oct-2005		9.250%		FL - 85.00%		Paid Off - 360		01-Aug-2005
14493134 2			58,000.00		57,890.22			31-Oct-2005		9.740%		FL - 20.00%		Paid Off - 180		01-Aug-2005
14493613 1			162,000.00		162,000.00			22-Nov-2005		8.750%		PA - 81.00%		Paid Off - 360		01-Aug-2005
14493803 1			129,677.00		129,382.96			31-Oct-2005		8.875%		FL - 75.00%		Paid Off - 360		01-Aug-2005
14497523 1			324,000.00		322,949.16			15-Nov-2005		7.100%		IL - 80.00%		Paid Off - 360		01-Aug-2005
14498489 1			152,900.00		152,900.00			23-Nov-2005		8.875%		FL - 100.00%		Paid Off - 360		01-Sep-2005
14499966 1			124,000.00		123,718.00			11-Nov-2005		7.425%		FL - 80.00%		Paid Off - 360		01-Sep-2005
14500672 1			195,000.00		194,657.45			26-Nov-2005		8.700%		VA - 75.00%		Paid Off - 360		01-Sep-2005
14501100 1			119,000.00		119,000.00			08-Nov-2005		8.500%		NC - 85.00%		Paid Off - 360		01-Aug-2005
14619183 1			181,000.00		180,620.04			26-Nov-2005		7.825%		IL - 34.81%		Paid Off - 360		01-Sep-2005
14619431 2			344,800.00		344,800.00			10-Nov-2005		7.200%		NV - 80.00%		Paid Off - 360		01-Sep-2005
14625131 1			297,500.00		296,802.98			11-Nov-2005		7.275%		NY - 79.33%		Paid Off - 360		01-Sep-2005
14692859 2			265,000.00		265,000.00			03-Nov-2005		8.775%		FL - 100.00%		Paid Off - 360		01-Oct-2005
14700645 2			595,200.00		595,200.00			17-Nov-2005		8.025%		IL - 66.13%		Paid Off - 360		01-Oct-2005
14701700 1			155,000.00		154,745.16			11-Nov-2005		7.000%		FL - 82.45%		Paid Off - 360		01-Oct-2005
14701759 1			229,500.00		229,237.98			17-Nov-2005		7.025%		FL - 85.00%		Paid Off - 360		01-Sep-2005
14701999 1			85,000.00		84,904.83			18-Nov-2005		8.900%		GA - 73.91%		Paid Off - 360		01-Oct-2005
14702617 1			84,000.00		83,888.61			30-Nov-2005		8.075%		FL - 80.00%		Paid Off - 360		01-Oct-2005
14713622 1			132,000.00		131,868.24			15-Nov-2005		9.450%		GA - 93.95%		Paid Off - 360		01-Oct-2005


Page 20 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

14770804 2			140,254.00		139,737.38			21-Nov-2005		7.600%		OR - 85.00%		Paid Off - 360		01-Jul-2005
14770804 2			140,254.00		139,737.38			21-Nov-2005		7.600%		OR - 85.00%		Paid Off - 360		01-Jul-2005
14770911 1			137,750.00		137,311.90			14-Nov-2005		7.200%		IL - 95.00%		Paid Off - 360		01-Aug-2005


TOTAL			9,009,440.00		8,997,820.71
TOTAL


Page 21 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



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

Cumulative
Cumulative



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










Page 22 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 23 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 24 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

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




TOTAL



Page 25 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 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								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						Balances 60+ days includes Bankruptcy and Foreclosure								8,691,017.60
						Ending Balance								912,738,459.95
						Senior Enhancement Percentage						24.5014%		24.5014%
						Cumulative Loss Percentage						0.0000%		0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK





Page 26 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution

ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														1,233,540.87
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

Basis Risk CarryForward Amount Paid														15,768.22
Basis Risk CarryForward Amount Unpaid														0.000
Coupon Strip Reserve Account
Excess Cashflow Account
Basis Risk CarryForward Amount Paid to A-1														0.00
Basis Risk CarryForward Amount Paid to A-2A														0.00
Basis Risk CarryForward Amount Paid to A-2B														0.00
Basis Risk CarryForward Amount Paid to A-2C														0.00
Basis Risk CarryForward Amount Paid to M-1														0.00
Basis Risk CarryForward Amount Paid to M-2														0.00
Basis Risk CarryForward Amount Paid to M-3														0.00
Basis Risk CarryForward Amount Paid to M-4														0.00
Basis Risk CarryForward Amount Paid to M-5														0.00
Basis Risk CarryForward Amount Paid to M-6														0.00
Basis Risk CarryForward Amount Paid to M-7														0.00
Basis Risk CarryForward Amount Paid to M-8														0.00
Basis Risk CarryForward Amount Paid to B-1														6,289.19
Basis Risk CarryForward Amount Paid to B-2														9,479.03


Page 27 of 28
GSAMP Trust 2005-HE5

Asset Backed Certificates
Asset Backed Certificates
2005-HE5

December 27, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT


CLASS







Page 28 of 28

GSAMP Trust 2005-HE5 8-K