GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

External Parties

Table of Contents

Page

Seller

Goldman Sachs Mortgage Securities

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

Ocwen Loan Servicing LLC

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Goldman Sachs & Co.

7. Foreclosure Report

8. Prepayment Report

Cap Provider

9. Prepayment Detail Report

Goldman Sachs Mortgage Securities

10. Realized Loss Report

11. Realized Loss Detail Report

12. Triggers and Adj. Cert. Report

13. Additional Certificate Report

14. Other Related Information

Total Number of Pages

Dates

Contacts

Cut-Off Date:

August 01, 2006

Cindy Lai

Close Date:

August 18, 2006

Administrator

First Distribution Date:

September 25, 2006

(714) 247-6251

Cindy.lai@db.com

Address:

Distribution Date:

November 27, 2006

1761 E St. Andrew Place, Santa Ana, CA 92705

Record Date:

October 31, 2006

Factor Information:

(800) 735-7777

November 24, 2006

Main Phone Number:

(714) 247-6000

Determination Date:

November 13, 2006

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

Revised Statement

Page 1 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution

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

			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	SR	$	164,416,000.00	146,574,938.52	726,889.55	10,322,836.45	11,049,726.00	0.00	0.00	136,252,102.07
A-1	SR	$	164,416,000.00	146,574,938.52	726,889.55	10,322,836.45	11,049,726.00	0.00	0.00	136,252,102.07
A-2	SR	$	67,155,000.00	67,155,000.00	337,744.88	0.00	337,744.88	0.00	0.00	67,155,000.00
M-1	SUB	$	27,789,000.00	27,789,000.00	144,433.33	0.00	144,433.33	0.00	0.00	27,789,000.00
M-2	SUB	$	8,601,000.00	8,601,000.00	44,940.23	0.00	44,940.23	0.00	0.00	8,601,000.00
M-3	SUB	$	15,879,000.00	15,879,000.00	86,170.04	0.00	86,170.04	0.00	0.00	15,879,000.00
M-4	SUB	$	7,609,000.00	7,609,000.00	41,779.75	0.00	41,779.75	0.00	0.00	7,609,000.00
M-5	SUB	$	8,436,000.00	8,436,000.00	52,640.64	0.00	52,640.64	0.00	0.00	8,436,000.00
M-6	SUB	$	7,278,000.00	7,278,000.00	45,487.50	0.00	45,487.50	0.00	0.00	7,278,000.00
M-7	SUB	$	4,962,000.00	4,962,000.00	35,569.27	0.00	35,569.27	0.00	0.00	4,962,000.00
B-1	NOF/SUB	$	6,451,000.00	6,451,000.00	37,630.83	0.00	37,630.83	0.00	0.00	6,451,000.00
B-2	NOF/SUB	$	5,624,000.00	5,624,000.00	32,806.67	0.00	32,806.67	0.00	0.00	5,624,000.00
X	NOF	$	6,616,621.93	8,835,185.41	0.00	0.00	0.00	0.00	1,052,152.61	9,887,338.02
X-1	NOF	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P	NOF	$	0.00	0.00	55,087.81	0.00	55,087.81	0.00	0.00	0.00
R	RES	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		330,816,621.93	315,194,123.93	1,641,180.50	10,322,836.45	11,964,016.95	0.00	1,052,152.61	305,923,440.09
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
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
			Method
					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

A-1	10/25/06	11/26/06	A-Act/360	36244WAA7	164,416,000.00	891.488289	4.421039	62.784866	67.205905	828.703423
A-1	10/25/06	11/26/06	A-Act/360	36244WAA7	164,416,000.00	891.488289	4.421039	62.784866	67.205905	828.703423
A-2	10/25/06	11/26/06	F-Act/360	36244WAB5	67,155,000.00	1,000.000000	5.029333	0.000000	5.029333	1,000.000000
M-1	10/25/06	11/26/06	A-Act/360	36244WAC3	27,789,000.00	1,000.000000	5.197500	0.000000	5.197500	1,000.000000
M-2	10/25/06	11/26/06	A-Act/360	36244WAD1	8,601,000.00	1,000.000000	5.225001	0.000000	5.225001	1,000.000000
M-3	10/25/06	11/26/06	A-Act/360	36244WAE9	15,879,000.00	1,000.000000	5.426667	0.000000	5.426667	1,000.000000
M-4	10/25/06	11/26/06	A-Act/360	36244WAF6	7,609,000.00	1,000.000000	5.490833	0.000000	5.490833	1,000.000000
M-5	10/01/06	10/30/06	F-30/360	36244WAG4	8,436,000.00	1,000.000000	6.240000	0.000000	6.240000	1,000.000000
M-6	10/01/06	10/30/06	F-30/360	36244WAH2	7,278,000.00	1,000.000000	6.250000	0.000000	6.250000	1,000.000000
M-7	10/25/06	11/26/06	A-Act/360	36244WAJ8	4,962,000.00	1,000.000000	7.168333	0.000000	7.168333	1,000.000000
B-1	10/01/06	10/30/06	F-30/360	36244WAK5	6,451,000.00	1,000.000000	5.833333	0.000000	5.833333	1,000.000000
B-2	10/01/06	10/30/06	F-30/360	36244WAL3	5,624,000.00	1,000.000000	5.833334	0.000000	5.833334	1,000.000000
X		36244WAM1	6,616,621.93	1,335.301534	0.000000	0.000000	0.000000	1,494.318116
X-1		36244WAN9	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
P		36244WAP4	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R	10/01/06	10/30/06	A-30/360	36244WAQ2	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 2 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


Distribution to Date - REMIC II
									Current


	Original		Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal

Class	Face Value	Interest	Principal	Principal	Principal	Distribution	Loss	Interest	Balance
(1)	(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	164,416,000.00	2,373,174.54	27,701,330.76	462,567.17	28,163,897.93	30,537,072.47	0.00	0.00	136,252,102.07
A-2	67,155,000.00	1,044,898.23	0.00	0.00	0.00	1,044,898.23	0.00	0.00	67,155,000.00
M-1	27,789,000.00	442,578.42	0.00	0.00	0.00	442,578.42	0.00	0.00	27,789,000.00
M-2	8,601,000.00	137,706.80	0.00	0.00	0.00	137,706.80	0.00	0.00	8,601,000.00
M-3	15,879,000.00	264,032.49	0.00	0.00	0.00	264,032.49	0.00	0.00	15,879,000.00
M-4	7,609,000.00	128,015.08	0.00	0.00	0.00	128,015.08	0.00	0.00	7,609,000.00
M-5	8,436,000.00	157,921.92	0.00	0.00	0.00	157,921.92	0.00	0.00	8,436,000.00
M-6	7,278,000.00	136,462.50	0.00	0.00	0.00	136,462.50	0.00	0.00	7,278,000.00
M-7	4,962,000.00	108,957.25	0.00	0.00	0.00	108,957.25	0.00	0.00	4,962,000.00
B-1	6,451,000.00	112,892.49	0.00	0.00	0.00	112,892.49	0.00	0.00	6,451,000.00
B-2	5,624,000.00	98,420.01	0.00	0.00	0.00	98,420.01	0.00	0.00	5,624,000.00
X	6,616,621.93	0.00	0.00	0.00	0.00	0.00	0.00	3,270,716.09	9,887,338.02
X-1	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P	0.00	166,876.72	0.00	0.00	0.00	166,876.72	0.00	0.00	0.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total	330,816,621.93	5,171,936.45	27,701,330.76	462,567.17	28,163,897.93	33,335,834.38	0.00	3,270,716.09	305,923,440.09


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

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

Class	Rate	Balance	Interest	Interest SF	Interest	Adjustment	Interest	Interest	Interest
			(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	5.41000%	146,574,938.52	726,889.55	0.00	0.00	0.00	726,889.55	726,889.55	0.00
A-2	5.65800%	67,155,000.00	337,744.88	0.00	0.00	0.00	337,744.88	337,744.88	0.00
M-1	5.67000%	27,789,000.00	144,433.33	0.00	0.00	0.00	144,433.33	144,433.33	0.00
M-2	5.70000%	8,601,000.00	44,940.23	0.00	0.00	0.00	44,940.23	44,940.23	0.00
M-3	5.92000%	15,879,000.00	86,170.04	0.00	0.00	0.00	86,170.04	86,170.04	0.00
M-4	5.99000%	7,609,000.00	41,779.75	0.00	0.00	0.00	41,779.75	41,779.75	0.00
M-5	7.48800%	8,436,000.00	52,640.64	0.00	0.00	0.00	52,640.64	52,640.64	0.00
M-6	7.50000%	7,278,000.00	45,487.50	0.00	0.00	0.00	45,487.50	45,487.50	0.00
M-7	7.82000%	4,962,000.00	35,569.27	0.00	0.00	0.00	35,569.27	35,569.27	0.00
B-1	7.00000%	6,451,000.00	37,630.83	0.00	0.00	0.00	37,630.83	37,630.83	0.00
B-2	7.00000%	5,624,000.00	32,806.67	0.00	0.00	0.00	32,806.67	32,806.67	0.00
X	142.90398%	8,835,185.41	0.00	0.00	0.00	0.00	0.00	1,052,152.61	0.00
X-1	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	55,087.81	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		315,194,123.93	1,586,092.69	0.00	0.00	0.00	1,586,092.69	2,693,333.11	0.00



Page 3 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

9,270,683.84

Principal Withrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

9,270,683.84

Interest Collections

2,649,895.48

Interest Withdrawals

-0.00

Interest Other Accounts

55,087.81

Interest Fees

-11,650.18

TOTAL NET INTEREST

2,693,333.11

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

11,964,016.95

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

131,133.82

Prepayments In Full

9,108,602.77

Curtailments

30,947.25

Liquidations

0.00

Insurance Principal

0.00

Repurchased Principal Amounts

0.00

Other Principal

0.00

Principal Realized Loss

-0.00

Delinquent Principal

-113,564.01

Advanced Principal

113,564.01

TOTAL PRINCIPAL COLLECTED

9,270,683.84

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

Total

TOTAL OTHER ACCOUNTS PRINCIPAL

0.00

Page 4 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

INTEREST - COLLECTIONS

Total

Scheduled Interest

2,763,097.62

Liquidation Interest

0.00

Repurchased Interest

0.00

Insurance Interest

0.00

Other Interest

0.00

Relief Act Interest Shortfalls

-0.00

Prepayment Interest Shortfalls

-9,813.11

Compensating Interest

9,813.11

Delinquent Interest

-2,356,091.71

Interest Loss

-0.00

Interest Advanced

2,242,889.58

TOTAL INTEREST COLLECTED

2,649,895.48

INTEREST - WITHDRAWALS

Total

Nonrecoverable Advances

0.00

Servicer Expenses

0.00

TOTAL INTEREST WITHDRAWALS

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

55,087.81

Cap Payment

0.00

TOTAL INTEREST OTHER ACCOUNTS

55,087.81

INTEREST FEES

Total

Current Servicing Fees

9,548.89

Current Trustee Fees

2,101.29

TOTAL INTEREST OTHER FEES

11,650.18

Page 5 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Excess Reserve Account

Beginning Account Balance

0.00

Account Deposit

0.00

Account Payment Due

0.00

Account Withdrawal

0.00

Ending Account Balance

0.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Total

Overcollateralization Amount

9,887,338.02

Specified Overcollateralized Amount

20,345,222.25

Overcollateralization Deficiency Amount

10,457,884.23

Overcollateralization Release Amount

0.00

Total Monthly Excess Spread

1,052,152.61

Page 6 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Collateral Report

COLLATERAL

Total

Loan Count:

Original

5,205

Prior

4,960

Prefunding

Scheduled Paid Offs

-0

Full Voluntary Prepayments

-128

Repurchases

-0

Liquidations

-0

Current

4,832

Principal Balance:

Original

330,816,621.93

Prior

315,194,123.93

Prefunding

0.00

Scheduled Principal

-131,133.82

Partial Prepayments

-30,947.25

Full Voluntary Prepayments

-9,108,602.77

Repurchases

-0.00

Liquidations

-0.00

Current

305,923,440.09

PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 7 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							10.71963%
Weighted Average Coupon Prior							11.24243%
Weighted Average Coupon Current							10.50207%
Weighted Average Months to Maturity Original							301
Weighted Average Months to Maturity Prior							300
Weighted Average Months to Maturity Current							299
Weighted Avg Remaining Amortization Term Original							348
Weighted Avg Remaining Amortization Term Prior							347
Weighted Avg Remaining Amortization Term Current							346
Weighted Average Seasoning Original							6.25
Weighted Average Seasoning Prior							7.25
Weighted Average Seasoning Current							8.24

Page 8 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

							Total
Weighted Average Margin Original							8.49900%
Weighted Average Margin Prior							8.49900%
Weighted Average Margin Current							8.49900%
Weighted Average Max Rate Original							16.49900%
Weighted Average Max Rate Prior							16.49900%
Weighted Average Max Rate Current							16.49900%
Weighted Average Min Rate Original							9.49900%
Weighted Average Min Rate Prior							9.49900%
Weighted Average Min Rate Current							9.49900%
Weighted Average Cap Up Original							1.50000%
Weighted Average Cap Up Prior							1.50000%
Weighted Average Cap Up Current							1.50000%
Weighted Average Cap Down Original							1.50000%
Weighted Average Cap Down Prior							1.50000%
Weighted Average Cap Down Current							1.50000%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

							Total




Current Servicing Fees							9,548.89
Delinquent Servicing Fees							113,202.14
TOTAL SERVICING FEES							131,330.90


Compensating Interest							-9,813.11
Delinquent Servicing Fees							-113,202.14
COLLECTED SERVICING FEES							8,315.65


Total Advanced Interest							2,242,889.58
Total Advanced Principal							113,564.01
Aggregate Advances with respect to this Distribution							2,356,453.59





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
							Total
Prepayment Interest Shortfall (PPIS)							9,813.11
Compensating Interest							(9,813.11)
Net Prepayment Interest Shortfall (PPIS)							0.00


Ending Pool Stated Principal Balance							305,923,440.09






Page 9 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution

Delinquency Report


TOTAL	0-30 Days	31-60 Days	61-90 Days	91-120 Days	121-150	151-180	181+ Days	TOTAL
	0-30 Days	31-60 Days	61-90 Days	91-120 Days	121-150	151-180	181+ Days	TOTAL
DELINQUENT Balance % Balance # Loans % # Loans
		12,321,446.95	7,882,906.18	8,110,402.82	6,074,395.47	1,285,042.71	47,922.24	35,722,116.37
		4.0276%	2.5768%	2.6511%	1.9856%	0.4201%	0.0157%	11.6768%
		174	102	104	75	12	1	468
		3.6010%	2.1109%	2.1523%	1.5522%	0.2483%	0.0207%	9.6854%
FORECLOSURE Balance % Balance # Loans % # Loans
	0.00	0.00	0.00	0.00	0.00	87,127.63	0.00	87,127.63
	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0285%	0.0000%	0.0285%
	0	0	0	0	0	1	0	1
	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0207%	0.0000%	0.0207%
BANKRUPTCY Balance % Balance # Loans % # Loans
	190,417.10	0.00	106,267.39	350,073.76	328,127.22	0.00	0.00	974,885.47
	0.0622%	0.0000%	0.0347%	0.1144%	0.1073%	0.0000%	0.0000%	0.3187%
	4	0	3	5	5	0	0	17
	0.0828%	0.0000%	0.0621%	0.1035%	0.1035%	0.0000%	0.0000%	0.3518%
REO Balance % Balance # Loans % # Loans
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
	0	0	0	0	0	0	0	0
	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
TOTAL Balance % Balance # Loans % # Loans
	190,417.10	12,321,446.95	7,989,173.57	8,460,476.58	6,402,522.69	1,372,170.34	47,922.24	36,784,129.47
	0.0622%	4.0276%	2.6115%	2.7656%	2.0929%	0.4485%	0.0157%	12.0240%
	4	174	105	109	80	13	1	486
	0.0828%	3.6010%	2.1730%	2.2558%	1.6556%	0.2690%	0.0207%	10.0579%

Page 10 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Page 11 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

REO Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 12 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Foreclosure Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Became Foreclosure Property this Period:

1000305870 1

87,255.00

87,127.63

01-Apr-2006

0.000%

CA - 100.00%

360

01-Apr-2006

TOTAL

87,255.00

87,127.63

Page 13 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

128

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

128

Curtailments Amount

30,947.25

Paid in Full Balance

9,108,602.77

Repurchased Loans Balance

0.00

Total Prepayment Amount

9,139,550.02

Cumulative

Number of Paid in Full Loans

372

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

372

Paid in Full Balance

24,079,264.78

Repurchased Loans Balance

0.00

Curtailments Amount

405,282.69

Total Prepayment Amount

24,484,547.47

Page 14 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Total





SMM	2.90%
3 Months Avg SMM	2.53%
12 Months Avg SMM	2.53%
Avg SMM Since Cut-off	2.53%



CPR	29.76%
3 Months Avg CPR	26.50%
12 Months Avg CPR	26.50%
Avg CPR Since Cut-off	26.50%



PSA	1,804.99%
3 Months Avg PSA Approximation	1,827.94%
12 Months Avg PSA Approximation	1,827.94%
Avg PSA Since Cut-off Approximation	1,827.94%

Page 15 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(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)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*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)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 16 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution

Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

417009 1		64,918.00	64,803.70	31-Oct-2006	12.000%	CA - 95.00%	Paid Off - 180	01-May-2006
417009 1		64,918.00	64,803.70	31-Oct-2006	12.000%	CA - 95.00%	Paid Off - 180	01-May-2006
492667 1		77,770.00	77,489.49	31-Oct-2006	8.625%	CA - 95.00%	Paid Off - 180	01-May-2006
498056 1		33,098.00	33,042.82	31-Oct-2006	12.250%	TX - 100.00%	Paid Off - 180	01-May-2006
498444 1		36,507.00	36,447.51	31-Oct-2006	11.500%	GA - 95.00%	Paid Off - 180	01-Jun-2006
504704 1		46,998.00	46,938.75	31-Oct-2006	13.500%	FL - 100.00%	Paid Off - 180	01-May-2006
504947 1		32,248.00	32,207.34	31-Oct-2006	13.500%	FL - 90.00%	Paid Off - 180	01-May-2006
509682 1		96,341.00	96,237.53	31-Oct-2006	13.375%	FL - 100.00%	Paid Off - 180	01-May-2006
514797 1		82,800.00	82,729.15	31-Oct-2006	14.375%	FL - 95.00%	Paid Off - 180	01-May-2006
3377129 1		19,700.00	19,668.88	30-Oct-2006	12.000%	WI - 90.00%	Paid Off - 180	01-Jun-2006
3392892 1		114,675.00	113,692.07	31-Oct-2006	12.000%	MN - 95.00%	Paid Off - 180	01-Jul-2006
10320590 1		66,767.00	66,597.44	19-Oct-2006	12.750%	FL - 100.00%	Paid Off - 180	01-Jan-2006
10320726 1		31,500.00	31,376.68	31-Oct-2006	10.750%	NM - 95.00%	Paid Off - 180	01-Feb-2006
10320886 1		121,125.00	120,857.22	10-Oct-2006	12.875%	MA - 95.00%	Paid Off - 180	01-Feb-2006
10356195 1		98,000.00	97,596.55	31-Oct-2006	10.000%	NV - 85.00%	Paid Off - 180	01-Feb-2006
10424663 1		42,000.00	41,741.00	23-Oct-2006	9.500%	FL - 90.00%	Paid Off - 180	01-Nov-2005
10425207 1		11,795.00	11,744.37	30-Oct-2006	10.000%	PA - 85.00%	Paid Off - 180	01-Feb-2006
10461819 1		17,000.00	16,976.25	18-Oct-2006	13.750%	NC - 90.00%	Paid Off - 360	01-Apr-2006
10462959 1		37,500.00	37,041.45	31-Oct-2006	13.975%	FL - 95.00%	Paid Off - 300	01-Apr-2006
10483095 1		36,200.00	36,125.27	31-Oct-2006	12.000%	VA - 100.00%	Paid Off - 180	01-Apr-2006
10500013 1		100,000.00	99,776.46	23-Oct-2006	11.800%	MD - 95.00%	Paid Off - 180	01-Apr-2006
38842332 1		88,800.00	88,625.59	31-Oct-2006	11.500%	AZ - 99.98%	Paid Off - 180	01-May-2006
1000002119 1		50,000.00	49,886.74	19-Oct-2006	11.575%	FL - 100.00%	Paid Off - 360	01-Apr-2006
1000002130 1		43,950.00	43,848.97	31-Oct-2006	10.775%	GA - 99.81%	Paid Off - 360	01-May-2006
1000248897 1		115,500.00	115,251.69	16-Oct-2006	12.999%	MA - 100.00%	Paid Off - 180	01-Feb-2006
1000250499 1		26,000.00	25,990.26	25-Oct-2006	13.999%	WA - 100.00%	Paid Off - 180	01-Mar-2006
1000302703 1		144,000.00	143,417.32	23-Oct-2006	9.500%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1000305999 1		157,900.00	157,524.78	31-Oct-2006	11.990%	NV - 100.00%	Paid Off - 360	01-Mar-2006
1000306140 1		79,000.00	77,987.96	31-Oct-2006	12.425%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1000306858 1		36,000.00	35,907.39	31-Oct-2006	10.990%	MD - 100.00%	Paid Off - 360	01-Apr-2006
1000307302 1		140,000.00	139,586.67	31-Oct-2006	10.990%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1000313012 1		60,400.00	60,251.14	17-Oct-2006	11.500%	UT - 100.00%	Paid Off - 360	01-May-2006
1000313206 1		51,700.00	51,001.29	31-Oct-2006	10.990%	CA - 100.00%	Paid Off - 180	01-May-2006
1000313648 1		136,000.00	135,661.41	31-Oct-2006	10.400%	CA - 100.00%	Paid Off - 360	01-May-2006
1005926019 1		89,000.00	88,772.22	16-Oct-2006	11.650%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1006052969 1		72,200.00	72,069.45	20-Oct-2006	12.600%	NJ - 100.00%	Paid Off - 360	01-Apr-2006
1006180090 1		69,516.00	69,366.05	31-Oct-2006	11.800%	FL - 100.00%	Paid Off - 360	01-Apr-2006
1006187707 1		73,500.00	73,330.73	19-Oct-2006	11.500%	IL - 100.00%	Paid Off - 360	01-Apr-2006
1006192611 1		47,116.40	47,822.59	31-Oct-2006	11.300%	NM - 100.00%	Paid Off - 360	01-Apr-2006
1006207393 1		59,574.00	59,470.97	16-Oct-2006	12.800%	MA - 100.00%	Paid Off - 360	01-Apr-2006
1006254661 1		44,000.00	43,846.85	24-Oct-2006	10.218%	MN - 100.00%	Paid Off - 360	01-Mar-2006


Page 17 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

1006282079 1		110,000.00	109,772.73	27-Oct-2006	12.625%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1006282079 1		110,000.00	109,772.73	27-Oct-2006	12.625%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1006295644 1		71,612.00	71,478.86	31-Oct-2006	12.500%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006573567 1		59,360.00	59,258.53	31-Oct-2006	12.900%	NY - 100.00%	Paid Off - 360	01-Apr-2006
1006882064 1		31,800.00	31,753.58	31-Oct-2006	12.000%	WA - 100.00%	Paid Off - 360	01-Jun-2006
1006977177 1		32,250.00	32,190.15	19-Oct-2006	10.900%	MD - 95.00%	Paid Off - 360	01-Jun-2006
1007257620 1		109,000.00	108,859.13	31-Oct-2006	12.550%	CA - 100.00%	Paid Off - 360	01-Jun-2006
1007328741 1		31,000.00	30,947.25	31-Oct-2006	11.300%	CA - 100.00%	Paid Off - 360	01-Jun-2006
1103459657 1		38,000.00	37,918.38	25-Oct-2006	12.250%	AZ - 99.97%	Paid Off - 180	01-Apr-2006
1103493332 1		82,200.00	82,017.55	31-Oct-2006	12.000%	CA - 99.99%	Paid Off - 180	01-Apr-2006
1103504415 1		41,198.00	41,081.35	31-Oct-2006	11.750%	FL - 90.00%	Paid Off - 180	01-Feb-2006
1103511546 1		41,798.00	41,742.51	01-Oct-2006	15.125%	FL - 100.00%	Paid Off - 180	01-Feb-2006
1103535478 1		13,390.00	13,171.39	16-Oct-2006	12.500%	PA - 100.00%	Paid Off - 180	01-Jan-2006
1103537251 1		74,000.00	73,463.98	31-Oct-2006	9.990%	CA - 100.00%	Paid Off - 180	01-Oct-2005
1103538675 1		43,500.00	43,361.01	31-Oct-2006	12.125%	CA - 95.00%	Paid Off - 180	01-Feb-2006
1103538854 1		162,228.00	161,686.73	31-Oct-2006	10.990%	CA - 100.00%	Paid Off - 180	01-Dec-2005
1103539262 1		98,800.00	98,549.29	25-Oct-2006	12.250%	CA - 95.00%	Paid Off - 180	01-Feb-2006
1103539725 1		173,000.00	172,588.95	31-Oct-2006	11.990%	CA - 100.00%	Paid Off - 180	01-Mar-2006
1103541451 1		41,000.00	40,912.89	24-Oct-2006	12.500%	CA - 90.00%	Paid Off - 180	01-Mar-2006
1103547244 1		120,000.00	120,000.00	31-Oct-2006	13.125%	CA - 95.00%	Paid Off - 180	01-Mar-2006
1103547342 1		37,500.00	37,447.74	31-Oct-2006	14.375%	AZ - 95.00%	Paid Off - 180	01-Mar-2006
2503144879 1		34,550.00	34,501.86	31-Oct-2006	14.375%	OR - 94.99%	Paid Off - 180	01-Mar-2006
2503147373 1		80,200.00	80,020.06	31-Oct-2006	12.250%	VA - 94.99%	Paid Off - 360	01-Mar-2006
2503149867 1		112,500.00	112,209.62	18-Oct-2006	13.875%	WA - 95.00%	Paid Off - 360	01-Apr-2006
3000011559 1		174,061.00	173,701.77	25-Oct-2006	12.000%	VA - 100.00%	Paid Off - 360	01-Apr-2006
3000030288 1		104,000.00	103,623.64	30-Oct-2006	9.975%	FL - 100.00%	Paid Off - 360	01-May-2006
3000896458 1		48,900.00	48,867.34	30-Oct-2006	16.250%	AZ - 95.00%	Paid Off - 180	01-May-2006
3000912946 1		200,000.00	199,628.07	31-Oct-2006	11.750%	CO - 94.00%	Paid Off - 180	01-May-2006
3000921938 1		23,600.00	23,552.37	31-Oct-2006	11.375%	UT - 90.00%	Paid Off - 360	01-May-2006
5000196188 1		47,500.00	46,686.49	31-Oct-2006	11.650%	IL - 100.00%	Paid Off - 180	01-Mar-2006
5000197833 1		112,500.00	112,011.49	31-Oct-2006	11.770%	GA - 95.00%	Paid Off - 360	01-Mar-2006
5000198522 1		20,000.00	19,205.32	26-Oct-2006	12.500%	IL - 95.00%	Paid Off - 180	01-Mar-2006
5000201290 1		73,000.00	72,764.45	31-Oct-2006	10.500%	NY - 100.00%	Paid Off - 360	01-Apr-2006
5000201652 1		40,400.00	40,291.19	31-Oct-2006	10.775%	IL - 100.00%	Paid Off - 360	01-Apr-2006
5000201888 1		49,600.00	49,436.57	31-Oct-2006	9.825%	IL - 100.00%	Paid Off - 360	01-Apr-2006
5000203082 1		28,800.00	28,743.70	20-Oct-2006	12.250%	MN - 100.00%	Paid Off - 360	01-Apr-2006
5000204189 1		61,000.00	60,828.45	24-Oct-2006	9.825%	IL - 100.00%	Paid Off - 360	01-May-2006
5000204466 1		57,980.00	57,817.04	31-Oct-2006	10.575%	MD - 100.00%	Paid Off - 360	01-Apr-2006
5000204475 1		62,775.00	62,618.85	31-Oct-2006	10.500%	CO - 99.99%	Paid Off - 360	01-May-2006
5000205053 1		90,000.00	89,802.52	31-Oct-2006	10.990%	IL - 100.00%	Paid Off - 360	01-May-2006
6000197214 1		60,000.00	59,753.38	31-Oct-2006	9.425%	NY - 100.00%	Paid Off - 360	01-Mar-2006
6000205687 1		63,800.00	63,498.55	31-Oct-2006	9.725%	MD - 100.00%	Paid Off - 360	01-Mar-2006
6000206014 1		51,000.00	50,867.33	24-Oct-2006	11.575%	NC - 100.00%	Paid Off - 360	01-Mar-2006
6000206014 1			50,867.33		11.575%	NC - 100.00%	Paid Off - 360

Page 18 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

6000210037 1		82,000.00	81,851.58	30-Oct-2006	11.875%	FL - 100.00%	Paid Off - 360	01-May-2006
6000210037 1		82,000.00	81,851.58	30-Oct-2006	11.875%	FL - 100.00%	Paid Off - 360	01-May-2006
6000210098 1		57,000.00	56,863.24	31-Oct-2006	10.575%	FL - 100.00%	Paid Off - 360	01-May-2006
6000210814 1		65,250.00	65,022.66	31-Oct-2006	9.575%	NY - 95.00%	Paid Off - 360	01-Apr-2006
6000211152 1		32,000.00	31,910.01	31-Oct-2006	10.575%	MA - 100.00%	Paid Off - 360	01-Apr-2006
6000211240 1		86,000.00	85,823.42	31-Oct-2006	12.025%	FL - 100.00%	Paid Off - 360	01-Apr-2006
6000211477 1		65,000.00	64,902.43	31-Oct-2006	11.875%	FL - 100.00%	Paid Off - 360	01-Apr-2006
6000212347 1		97,000.00	96,777.06	31-Oct-2006	10.775%	FL - 100.00%	Paid Off - 360	01-May-2006
6000212498 1		60,000.00	59,846.87	31-Oct-2006	11.025%	MN - 100.00%	Paid Off - 360	01-Apr-2006
6000212703 1		35,775.00	35,674.88	31-Oct-2006	9.850%	NY - 95.00%	Paid Off - 360	01-May-2006
6000212871 1		81,000.00	80,852.71	31-Oct-2006	12.575%	MD - 95.00%	Paid Off - 360	01-Apr-2006
6000213141 1		75,000.00	74,754.04	31-Oct-2006	9.850%	MA - 100.00%	Paid Off - 360	01-Apr-2006
6000213194 1		17,775.00	17,514.83	30-Oct-2006	11.025%	NC - 100.00%	Paid Off - 180	01-May-2006
6000213369 1		55,800.00	55,643.16	25-Oct-2006	10.575%	FL - 100.00%	Paid Off - 360	01-Apr-2006
6000213578 1		32,000.00	31,907.38	26-Oct-2006	9.725%	MD - 90.00%	Paid Off - 360	01-May-2006
6000213675 1		53,800.00	53,721.10	31-Oct-2006	12.825%	MD - 100.00%	Paid Off - 360	01-May-2006
7000001617 1		104,000.00	103,669.07	31-Oct-2006	9.990%	CA - 100.00%	Paid Off - 360	01-Apr-2006
7000179372 1		103,200.00	102,598.68	19-Oct-2006	10.450%	NY - 100.00%	Paid Off - 360	01-Feb-2006
7000180759 1		130,000.00	129,257.68	24-Oct-2006	9.990%	CA - 100.00%	Paid Off - 360	01-Feb-2006
7000180844 1		47,250.00	47,035.15	25-Oct-2006	9.525%	RI - 95.00%	Paid Off - 360	01-Feb-2006
7000182639 1		57,400.00	57,255.07	31-Oct-2006	12.275%	NY - 100.00%	Paid Off - 360	01-Feb-2006
7000182851 1		138,300.00	137,875.26	31-Oct-2006	11.375%	CA - 99.99%	Paid Off - 360	01-Feb-2006
7000182945 1		153,600.00	152,715.59	31-Oct-2006	9.375%	CA - 100.00%	Paid Off - 360	01-Feb-2006
7000183204 1		21,000.00	20,569.69	31-Oct-2006	11.025%	FL - 100.00%	Paid Off - 180	01-Feb-2006
7000183667 1		10,000.00	9,646.74	31-Oct-2006	12.350%	ID - 95.00%	Paid Off - 120	01-Mar-2006
7000183836 1		26,100.00	26,015.73	31-Oct-2006	10.575%	HI - 100.00%	Paid Off - 360	01-Mar-2006
7000184143 1		140,000.00	139,667.28	30-Oct-2006	11.990%	CA - 100.00%	Paid Off - 360	01-Mar-2006
7000185182 1		105,000.00	104,651.99	27-Oct-2006	10.900%	CA - 100.00%	Paid Off - 360	01-Mar-2006
7000187675 1		84,500.00	84,184.81	31-Oct-2006	9.575%	MA - 100.00%	Paid Off - 360	01-Apr-2006
7000188166 1		23,400.00	23,126.55	30-Oct-2006	14.250%	CO - 90.00%	Paid Off - 180	01-Apr-2006
7000188589 1		48,198.00	48,030.66	23-Oct-2006	9.575%	OR - 100.00%	Paid Off - 360	01-Apr-2006
7000189325 1		85,522.00	85,234.26	31-Oct-2006	9.725%	CA - 100.00%	Paid Off - 360	01-Apr-2006
7000189631 1		93,750.00	93,509.42	31-Oct-2006	11.000%	CA - 95.00%	Paid Off - 360	01-Apr-2006
7000189934 1		146,000.00	145,805.42	18-Oct-2006	13.250%	HI - 100.00%	Paid Off - 360	01-May-2006
7000189944 1		26,000.00	25,937.59	31-Oct-2006	10.575%	NJ - 100.00%	Paid Off - 360	01-May-2006
8000069018 1		94,000.00	92,743.35	31-Oct-2006	9.975%	NJ - 100.00%	Paid Off - 360	01-Feb-2006
8000072504 1		90,100.00	89,834.97	31-Oct-2006	11.575%	NY - 100.00%	Paid Off - 360	01-Feb-2006
8000072797 1		12,250.00	11,826.88	31-Oct-2006	12.750%	VA - 95.00%	Paid Off - 120	01-Mar-2006
8000073516 1		45,500.00	45,286.59	23-Oct-2006	9.375%	MA - 100.00%	Paid Off - 360	01-Feb-2006
8000073520 1		187,500.00	186,869.20	31-Oct-2006	9.725%	NY - 89.20%	Paid Off - 360	01-Apr-2006
8000079107 1		81,800.00	81,494.14	27-Oct-2006	10.575%	NJ - 100.00%	Paid Off - 360	01-Apr-2006
8000079204 1		52,000.00	51,853.80	31-Oct-2006	10.575%	FL - 100.00%	Paid Off - 360	01-Apr-2006
8000079252 1		90,300.00	90,130.23	31-Oct-2006	12.425%	NJ - 100.00%	Paid Off - 360	01-Apr-2006
8000079252 1			90,130.23		12.425%	NJ - 100.00%	Paid Off - 360

Page 19 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution

Loan Number

Original

Current

State &

Type Prepayment

First

Loan

Principal

Prepayment

Note

LTV at

Payment

Loan Group

Status

Balance

Amount

Date

Rate

Origination

Original Term

Date

8000079712 1

81,000.00

80,860.64

17-Oct-2006

11.250%

NJ - 100.00%

Paid Off - 360

01-Apr-2006

8000080248 1

80,000.00

79,823.87

20-Oct-2006

11.000%

NY - 100.00%

Paid Off - 360

01-Apr-2006

8000081392 1

57,000.00

56,881.79

18-Oct-2006

11.250%

NJ - 100.00%

Paid Off - 360

01-May-2006

8100075521 1

70,000.00

69,803.24

16-Oct-2006

10.575%

NY - 100.00%

Paid Off - 360

01-Apr-2006

TOTAL

9,138,970.40

9,108,602.77

Page 20 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES

Total

Current

Subsequent Recoveries

0.00

Number of Loans Liquidated

Collateral Principal Realized Loss/(Gain) Amount

0.00

Collateral Interest Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

285.50

Net Liquidation Proceeds

0.00

Cumulative Subsequent Recoveries

-285.50

Page 21 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution


DEFAULT SPEEDS

								Total



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


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


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


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

Page 22 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 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: Weighted Avg(Loss Severityn,m)

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

Dates correspond to distribution dates.

Page 23 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Realized Loss Detail Report

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revision

Loss/(Gain)

TOTAL

Page 24 of 27

GSAMP Trust 2006-S5

Mortgage Backed Floating Rate Notes

November 27, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Stepdown Date Occurred?

Credit Enhancement Percentage (For Stepdown Date)

33.5105%

Applicable % (On and After Stepdown Date)

68.3000%

Trigger Event In Effect?

Yes

Rolling 3-Mon. Delinquency Percentage

4.8906%

Prior Credit Enhancement Percentage

32.1910%

Applicable %

11.7100%

Applicable % of prior Credit Enhancement Percentage

3.7696%

Aggregate Amount of Realized Losses

285.50

Stated Principal Balance as of Cutoff Date

330,816,621.93

Realized Loss Percentage

0.00008630%

Servicer Delinquency Trigger Event in Effect?

Yes

Servicer Cumulative Loss Trigger Event in Effect?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

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

0.00

Basis Risk CarryForward Amount Unpaid

0.00

LIBOR For Current Period

5.32000%

LIBOR Rate Determination Date

10/23/2006

LIBOR For Next Period

5.32000%

Next LIBOR Rate Determination Date

11/23/2006

Page 25 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		Next Pass Through Rate	Basis Risk CarryFwd Unpaid	Interest CarryFwd Due	Basis Risk CarryFwd Paid	Interest CarryFwd Paid
CLASS

	REMIC-1	5.4100%	$0.00	$0.00	$0.00	$0.00
		5.4100%	$0.00	$0.00	$0.00	$0.00
	R-1	5.6580%	$0.00	$0.00	$0.00	$0.00
		5.6580%	$0.00	$0.00	$0.00	$0.00
	M-1	5.6700%	$0.00	$0.00	$0.00	$0.00
		5.6700%	$0.00	$0.00	$0.00	$0.00
	M-2	5.7000%	$0.00	$0.00	$0.00	$0.00
		5.7000%	$0.00	$0.00	$0.00	$0.00
	M-3	5.9200%	$0.00	$0.00	$0.00	$0.00
		5.9200%	$0.00	$0.00	$0.00	$0.00
	M-4	5.9900%	$0.00	$0.00	$0.00	$0.00
		5.9900%	$0.00	$0.00	$0.00	$0.00
	M-5	7.4880%	$0.00	$0.00	$0.00	$0.00
		7.4880%	$0.00	$0.00	$0.00	$0.00
	M-6	7.5000%	$0.00	$0.00	$0.00	$0.00
		7.5000%	$0.00	$0.00	$0.00	$0.00
	M-7	7.8200%	$0.00	$0.00	$0.00	$0.00
		7.8200%	$0.00	$0.00	$0.00	$0.00
	B-1	7.0000%	$0.00	$0.00	$0.00	$0.00
		7.0000%	$0.00	$0.00	$0.00	$0.00
	B-2	7.0000%	$0.00	$0.00	$0.00	$0.00
		7.0000%	$0.00	$0.00	$0.00	$0.00
	X	0.0000%	$0.00	$0.00	$0.00	$0.00
		0.0000%	$0.00	$0.00	$0.00	$0.00
	X-1	0.0000%	$0.00	$0.00	$0.00	$0.00
		0.0000%	$0.00	$0.00	$0.00	$0.00
	P	0.0000%	$0.00	$0.00	$0.00	$0.00
		0.0000%	$0.00	$0.00	$0.00	$0.00
	R	0.0000%	$0.00	$0.00	$0.00	$0.00
		0.0000%	$0.00	$0.00	$0.00	$0.00




Page 26 of 27

GSAMP Trust 2006-S5



Mortgage Backed Floating Rate Notes
Mortgage Backed Floating Rate Notes
November 27, 2006 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Total
Current Scheduled Payments							2,894,231.44
Current Scheduled Payments 1 Month Prior							3,236,106.92
Current Scheduled Payments 2 Month Prior							3,095,888.72
Current Scheduled Payments 3 Month Prior							0.00
Current Scheduled Payments 4 Month Prior							0.00
Current Scheduled Payments 5 Month Prior							0.00
Current Scheduled Payments 6 Month Prior							0.00
Current Scheduled Payments 7 Month Prior							0.00
Current Scheduled Payments 8 Month Prior							0.00
Current Scheduled Payments 9 Month Prior							0.00
Current Scheduled Payments 10 Month Prior							0.00
Current Scheduled Payments 11 Month Prior							0.00

Delinquent 60+ Scheduled Payments							39,613.89
Delinq. 60+ Sched. Pmnts, 1 Month Prior							190,694.91
Delinq. 60+ Sched. Pmnts, 2 Month Prior							4,470.89
Delinq. 60+ Sched. Pmnts, 3 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 4 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior							0.00





Page 27 of 27

GSAMP Trust 2006-S5 10-D/A