8-K 1 gsa04008_dec.txt DECEMBER 8K 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, 2004 GSAA HOME EQUITY TRUST Asset Backed Certificates, Series 2004-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-117485-05 54-2161209 Pooling and Servicing Agreement) (Commission 54-2161210 (State or other File Number) 54-6637675 jurisdiction IRS EIN of Incorporation) C/O Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 under the Exchange Act (17 CFR 240.14a-12) [ ] 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 On December 27, 2004 a distribution was made to holders of GSAA HOME EQUITY TRUST, Asset Backed Certificates, Series 2004-8 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-8 Trust, relating to the December 27, 2004 distribution. 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. GSAA HOME EQUITY TRUST Asset Backed Certificates, Series 2004-8 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-8 Trust, relating to the December 27, 2004 distribution. EX-99.1

GS Mortgage Securities Corp ~~Mortgage~~Asset ~~Pass-Through~~Backed Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~GSA~~GS Mortgage Securities Corp Asset Backed Certificates Series: 2004-8 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution R 362373AK8 SEN 0.00000% 0.00 0.00 0.00 A-1 362373AA0 SEN 2.~~31250~~56063% 9593,~~592~~469,~~724~~791.9479 ~~196~~206,~~496~~099.1667 21,~~122~~227,~~933~~483.1547 A-2 362373AB8 SEN 2.~~31250~~56063% ~~137~~133,~~675~~863,~~944~~719.4862 ~~283~~295,~~000~~167.5575 3,~~812~~540,~~224~~533.8602 A-3A 362373AC6 SEN 2.~~30250~~55063% ~~193~~190,~~635~~366,~~148~~733.3275 ~~396~~418,~~306~~116.6089 37,~~268~~504,~~414~~879.5631 A-3B 362373AL6 SEN 2.~~38250~~63063% 76,~~023~~905,~~579~~027.9322 1415,~~874~~641.3871 ~~118~~272,~~552~~218.7176 M-1 362373AD4 MEZ 2.~~53250~~78063% 12,093,000.00 2728,~~222~~955.6986 0.00 M-2 362373AE2 MEZ 3.~~08250~~33063% 9,247,000.00 2526,~~336~~520.7879 0.00 B-1 362373AF9 SUB 34.~~83250~~08063% 7,351,000.00 25,~~042~~830.4150 0.00 B-2 362373AG7 SUB 5.00000% 2,845,000.00 11,854.17 0.00 X 362373AH5 SEN 0.00000% 1,659,806.81 1,~~220~~125,~~279~~693.5105 0.00 P 362373AJ1 SEN 0.00000% 0.01 0.00 0.00 Totals ~~467~~457,~~123~~801,~~204~~079.4920 2,~~200~~153,~~413~~880.2539 912,~~322~~545,~~125~~114.2856

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 A-1 0.00 9392,~~469~~242,~~791~~308.7932 21,~~319~~433,~~429~~583.3114 0.00 A-2 0.00 ~~133~~130,~~863~~323,~~719~~186.6260 43,~~095~~835,~~225~~700.4177 0.00 A-3A 0.00 ~~190~~182,~~366~~861,~~733~~854.7544 37,~~664~~922,~~721~~996.1620 0.00 A-3B 0.00 6,~~905~~632,~~027~~808.2246 ~~133~~287,~~427~~860.0947 0.00 M-1 0.00 12,093,000.00 2728,~~222~~955.6986 0.00 M-2 0.00 9,247,000.00 2526,~~336~~520.7879 0.00 B-1 0.00 7,351,000.00 25,~~042~~830.4150 0.00 B-2 0.00 2,845,000.00 11,854.17 0.00 X 0.00 1,659,806.81 1,~~220~~125,~~279~~693.5105 0.00 P 0.00 0.01 0.00 0.00 Totals 0.00 ~~457~~445,~~801~~255,~~079~~964.2064 1114,~~522~~698,~~538~~994.5395 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) R 0.00 0.00 0.00 0.00 0.00 0.00 A-1 96,837,000.00 9593,~~592~~469,~~724~~791.9479 0.00 21,~~122~~227,~~933~~483.1547 0.00 0.00 A-2 139,498,000.00 ~~137~~133,~~675~~863,~~944~~719.4862 0.00 3,~~812~~540,~~224~~533.8602 0.00 0.00 A-3A 197,534,000.00 ~~193~~190,~~635~~366,~~148~~733.3275 0.00 37,~~268~~504,~~414~~879.5631 0.00 0.00 A-3B 7,165,000.00 76,~~023~~905,~~579~~027.9322 0.00 ~~118~~272,~~552~~218.7176 0.00 0.00 M-1 12,093,000.00 12,093,000.00 0.00 0.00 0.00 0.00 M-2 9,247,000.00 9,247,000.00 0.00 0.00 0.00 0.00 B-1 7,351,000.00 7,351,000.00 0.00 0.00 0.00 0.00 B-2 2,845,000.00 2,845,000.00 0.00 0.00 0.00 0.00 X 1,660,517.66 1,659,806.81 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 Totals 474,230,517.67 ~~467~~457,~~123~~801,~~204~~079.4920 0.00 912,~~322~~545,~~125~~114.2856 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution R 0.00 0.00 0.00000000 0.00 A-1 21,~~122~~227,~~933~~483.1547 9392,~~469~~242,~~791~~308.7932 0.~~96522808~~95255231 21,~~122~~227,~~933~~483.1547 A-2 3,~~812~~540,~~224~~533.8602 ~~133~~130,~~863~~323,~~719~~186.6260 0.~~95961031~~93422979 3,~~812~~540,~~224~~533.8602 A-3A 37,~~268~~504,~~414~~879.5631 ~~190~~182,~~366~~861,~~733~~854.7544 0.~~96371629~~92572344 37,~~268~~504,~~414~~879.5631 A-3B ~~118~~272,~~552~~218.7176 6,~~905~~632,~~027~~808.2246 0.~~96371629~~92572344 ~~118~~272,~~552~~218.7176 M-1 0.00 12,093,000.00 1.00000000 0.00 M-2 0.00 9,247,000.00 1.00000000 0.00 B-1 0.00 7,351,000.00 1.00000000 0.00 B-2 0.00 2,845,000.00 1.00000000 0.00 X 0.00 1,659,806.81 0.99957191 0.00 P 0.00 0.01 1.00000000 0.00 Totals 912,~~322~~545,~~125~~114.2856 ~~457~~445,~~801~~255,~~079~~964.2064 0.~~96535559~~93890196 912,~~322~~545,~~125~~114.2856

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-1 96,837,000.00 ~~987~~965.~~15083016~~22808214 0.00000000 2112.~~92274802~~67576928 0.00000000 A-2 139,498,000.00 ~~986~~959.~~93848285~~61031427 0.00000000 2725.~~32816858~~38052890 0.00000000 A-3A 197,534,000.00 ~~980~~963.~~26237670~~71629061 0.00000000 1637.~~54608604~~99284837 0.00000000 A-3B 7,165,000.00 ~~980~~963.~~26237683~~71629030 0.00000000 1637.~~54608653~~99284857 0.00000000 M-1 12,093,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 9,247,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 7,351,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 2,845,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 1,660,517.66 999.57191061 0.00000000 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 The minimum denomination for each Class of the Principal Certificates will be $50,000 initial Certificate Balance (except for the Class A certificates, which will have a minimum denomination of $5,000)

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1 0.00000000 2112.~~92274802~~67576928 ~~965~~952.~~22808214~~55231286 0.~~96522808~~95255231 2112.~~92274802~~67576928 A-2 0.00000000 2725.~~32816858~~38052890 ~~959~~934.~~61031427~~22978537 0.~~95961031~~93422979 2725.~~32816858~~38052890 A-3A 0.00000000 1637.~~54608604~~99284837 ~~963~~925.~~71629061~~72344224 0.~~96371629~~92572344 1637.~~54608604~~99284837 A-3B 0.00000000 1637.~~54608653~~99284857 ~~963~~925.~~71629030~~72344173 0.~~96371629~~92572344 1637.~~54608653~~99284857 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.57191061 0.99957191 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall R 0.00 0.00000% 0.00 0.00 0.00 0.00 A-1 96,837,000.00 2.~~31250~~56063% 9593,~~592~~469,~~724~~791.9479 ~~196~~206,~~496~~099.1667 0.00 0.00 A-2 139,498,000.00 2.~~31250~~56063% ~~137~~133,~~675~~863,~~944~~719.4862 ~~283~~295,~~000~~167.5575 0.00 0.00 A-3A 197,534,000.00 2.~~30250~~55063% ~~193~~190,~~635~~366,~~148~~733.3275 ~~396~~418,~~306~~116.6089 0.00 0.00 A-3B 7,165,000.00 2.~~38250~~63063% 76,~~023~~905,~~579~~027.9322 1415,~~874~~641.3871 0.00 0.00 M-1 12,093,000.00 2.~~53250~~78063% 12,093,000.00 2728,~~222~~955.6986 0.00 0.00 M-2 9,247,000.00 3.~~08250~~33063% 9,247,000.00 2526,~~336~~520.7879 0.00 0.00 B-1 7,351,000.00 34.~~83250~~08063% 7,351,000.00 25,~~042~~830.4150 0.00 0.00 B-2 2,845,000.00 5.00000% 2,845,000.00 11,854.17 0.00 0.00 X 1,660,517.66 0.00000% 1,659,806.81 0.00 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 Totals 474,230,517.67 ~~980~~1,~~133~~028,187.7434 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance R 0.00 0.00 0.00 0.00 0.00 A-1 0.00 0.00 ~~196~~206,~~496~~099.1667 0.00 9392,~~469~~242,~~791~~308.7932 A-2 0.00 0.00 ~~283~~295,~~000~~167.5575 0.00 ~~133~~130,~~863~~323,~~719~~186.6260 A-3A 0.00 0.00 ~~396~~418,~~306~~116.6089 0.00 ~~190~~182,~~366~~861,~~733~~854.7544 A-3B 0.00 0.00 1415,~~874~~641.3871 0.00 6,~~905~~632,~~027~~808.2246 M-1 0.00 0.00 2728,~~222~~955.6986 0.00 12,093,000.00 M-2 0.00 0.00 2526,~~336~~520.7879 0.00 9,247,000.00 B-1 0.00 0.00 25,~~042~~830.4150 0.00 7,351,000.00 B-2 0.00 0.00 11,854.17 0.00 2,845,000.00 X 0.00 0.00 1,~~220~~125,~~279~~693.5105 0.00 1,659,806.81 P 0.00 0.00 0.00 0.00 0.01 Totals 0.00 0.00 2,~~200~~153,~~413~~880.2539 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 A-1 96,837,000.00 2.~~31250~~56063% ~~987~~965.~~15083016~~22808214 2.~~02914341~~12831531 0.00000000 0.00000000 A-2 139,498,000.00 2.~~31250~~56063% ~~986~~959.~~93848285~~61031427 2.~~02870686~~11592819 0.00000000 0.00000000 A-3A 197,534,000.00 2.~~30250~~55063% ~~980~~963.~~26237670~~71629061 2.~~00627031~~11668315 0.00000000 0.00000000 A-3B 7,165,000.00 2.~~38250~~63063% ~~980~~963.~~26237683~~71629030 2.~~07597767~~18307188 0.00000000 0.00000000 M-1 12,093,000.00 2.~~53250~~78063% 1000.00000000 2.~~25111139~~39443149 0.00000000 0.00000000 M-2 9,247,000.00 3.~~08250~~33063% 1000.00000000 2.~~74000000~~86804261 0.00000000 0.00000000 B-1 7,351,000.00 34.~~83250~~08063% 1000.00000000 3.~~40666712~~51387566 0.00000000 0.00000000 B-2 2,845,000.00 5.00000% 1000.00000000 4.16666784 0.00000000 0.00000000 X 1,660,517.66 0.00000% 999.57191061 0.00000000 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 The minimum denomination for each Class of the Principal Certificates will be $50,000 initial Certificate Balance (except for the Class A certificates, which will have a minimum denomination of $5,000)

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1 0.00000000 0.00000000 2.~~02914341~~12831531 0.00000000 ~~965~~952.~~22808214~~55231286 A-2 0.00000000 0.00000000 2.~~02870686~~11592819 0.00000000 ~~959~~934.~~61031427~~22978537 A-3A 0.00000000 0.00000000 2.~~00627031~~11668315 0.00000000 ~~963~~925.~~71629061~~72344224 A-3B 0.00000000 0.00000000 2.~~07597767~~18307188 0.00000000 ~~963~~925.~~71629030~~72344173 M-1 0.00000000 0.00000000 2.~~25111139~~39443149 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~74000000~~86804261 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 3.~~40666712~~51387566 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 4.16666784 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~734~~677.~~87897142~~91693947 0.00000000 999.57191061 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1114,~~648~~822,~~543~~574.4246 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1114,~~648~~822,~~543~~574.4246 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~126~~123,~~004~~579.8951 Payment of Interest and Principal 1114,~~522~~698,~~538~~994.5395 Total Withdrawals (Pool Distribution Amount) 1114,~~648~~822,~~543~~574.4246 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~124~~121,~~058~~672.5401 Master Servicing Fee 1,~~946~~907.3550 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~126~~123,~~004~~579.8951

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3723 0 0 0 3723 75,~~990~~564,~~558~~825.9278 0.00 0.00 0.00 75,~~990~~564,~~558~~825.9278 60 Days 15 0 0 0 15 ~~116~~702,~~800~~142.0075 0.00 0.00 0.00 ~~116~~702,~~800~~142.0075 90 Days 01 0 0 0 01 0116,800.00 0.00 0.00 0.00 0116,800.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3829 0 0 0 3829 86,~~107~~383,~~358~~768.9253 0.00 0.00 0.00 86,~~107~~383,~~358~~768.9253 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~099886~~332561% 0.000000% 0.000000% 0.000000% 21.~~099886~~332561% 1.~~745265~~249698% 0.000000% 0.000000% 0.000000% 1.~~745265~~249698% 60 Days 0.~~056754~~289687% 0.000000% 0.000000% 0.000000% 0.~~056754~~289687% 0.~~025511~~157681% 0.000000% 0.000000% 0.000000% 0.~~025511~~157681% 90 Days 0.~~000000~~057937% 0.000000% 0.000000% 0.000000% 0.~~000000~~057937% 0.~~000000~~026230% 0.000000% 0.000000% 0.000000% 0.~~000000~~026230% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~156640~~680185% 0.000000% 0.000000% 0.000000% 21.~~156640~~680185% 1.~~770776~~433608% 0.000000% 0.000000% 0.000000% 1.~~770776~~433608%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00 Class R 33,196,517.67 7.00008043% 33,195,806.82 7.~~25114211~~45544349% 0.000000% 0.000000% Class M-1 21,103,517.67 4.45005475% 21,102,806.82 4.~~60960181~~73947763% 2.~~641540~~715966% 0.000000% Class M-2 11,856,517.67 2.50015915% 11,855,806.82 2.~~58972889~~66269467% 2.~~019873~~076783% 0.000000% Class B-1 4,505,517.67 0.95006911% 4,504,806.82 01.~~98400965~~01173419% 1.~~605719~~650960% 0.000000% Class B-2 1,660,517.67 0.35014990% 1,659,806.82 0.~~36256070~~37277588% 0.~~621449~~638958% 0.000000% Class X 0.01 0.00000000% 0.01 0.00000000% 0.~~362561~~372776% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 5.~~976370~~969736% Weighted Average Net Coupon 5.~~657674~~650806% Weighted Average Pass-Through Rate 5.~~652674~~645806% Weighted Average Maturity(Stepdown Calculation ) ~~357~~356 Beginning Scheduled Collateral Loan Count 1,~~797~~762 Number Of Loans Paid In Full 3536 Ending Scheduled Collateral Loan Count 1,~~762~~726 Beginning Scheduled Collateral Balance ~~467~~457,~~123~~801,~~204~~079.4820 Ending Scheduled Collateral Balance ~~457~~445,~~801~~255,~~079~~964.2064 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~457~~445,~~842~~293,~~058~~732.3330 Monthly P &I Constant 2,~~373~~324,~~490~~536.6634 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 47,~~072~~076.9384 Unscheduled Principal 912,~~275~~498,~~052~~037.3572

Miscellaneous Reporting Net Monthly Excess Cash Flow 1,~~220~~125,~~279~~693.5105 Overcollateralized Amount 1,659,806.81 Overcollateralized Deficiency 0.00 Specified Overcollateralized Amount 1,659,806.81 Overcollateralized Increase Amount 0.00 Trigger Event Not in Trigger Cap agreement for the A1 class 0.00 General Cap Payment 0.00

Filing Compare · GSAA HOME EQUITY TRUST 2004-8