                                      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):
                (Date of earliest event reported)

              GS Mortgage Securities Corporation (as Depositor under the
               Pooling and Servicing Agreement, dated as July 1, 2004,
               providing for the issuance of GSAMP Trust 2004-HE2 Mortgage
                      Pass-Through Certificates Series 2004-HE2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-100818-44                          13-6357101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               85 Broad Street
               New York, New York                        1004
          (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
     .

                                    Signatures

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

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


          Date:  Sep 27, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of .



GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 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					4
									2. Collection Account Report					4
									3. Credit Enhancement Report					6
									4. Collateral Report					7
				Certificate Insurer(s)					5. Delinquency Report					10
				Certificate Insurer(s)					5. Delinquency Report					10
									6. REO Report					14

				Financial Security Assurance					7. Foreclosure Report					15
									8. Prepayment Report					16
									9. Prepayment Detail Report					19
									9. Prepayment Detail Report					19
									10. Realized Loss Report					20
									11. Realized Loss Detail Report					23
				Servicer(s)					11. Realized Loss Detail Report					23
				Servicer(s)					12. Triggers and Adj. Cert. Report					24
				Chase Manhattan Mortgage					12. Triggers and Adj. Cert. Report					24
				Chase Manhattan Mortgage					13. Other Related Information					25
				Ocwen Federal					13. Other Related Information					25
				Ocwen Federal
				Countrywide Home Loans Serv


				Underwriter(s)
				Goldman, Sachs & Co.


									Total Number of Pages					25
									Total Number of Pages

				Dates					Contacts

				Cut-Off Date:		July 01, 2004			Valerie Delgado
				Close Date:		July 30, 2004			Administrator
				First Distribution Date:		August 25, 2004			(714) 247-6273
									valerie.m.delgado@db.com
									valerie.m.delgado@db.com
									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		September 27, 2004
									Factor Information:			(800) 735-7777
				Record Date:		September 24, 2004			Factor Information:			(800) 735-7777
									Main Phone Number:			(714) 247-6000
									Main Phone Number:			(714) 247-6000

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



Page 1 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior											Current
	Class		Original		Principal					Total		Realized		Deferred		Principal
	Class		Original		Principal					Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance	Interest		Principal		Distribution		Loss		Interest		Balance


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

A-1	SEQ/SR	$	284,714,000.00		276,798,774.69	483,359.86		3,119,875.38		3,603,235.24		0.00		0.00		273,678,899.31
A-1	SEQ/SR	$	284,714,000.00		276,798,774.69	483,359.86		3,119,875.38		3,603,235.24		0.00		0.00		273,678,899.31
A-2	SEQ/SR	$	236,934,000.00		233,327,884.52	422,420.69		1,741,412.11		2,163,832.80		0.00		0.00		231,586,472.41
A-3A	SEQ/SR	$	117,719,000.00		114,277,256.90	188,033.70		1,793,843.59		1,981,877.29		0.00		0.00		112,483,413.31
A-3B	SEQ/SR	$	45,371,000.00		45,371,000.00	81,724.51		0.00		81,724.51		0.00		0.00		45,371,000.00
A-3C	SEQ/SR	$	32,809,000.00		32,809,000.00	66,014.44		0.00		66,014.44		0.00		0.00		32,809,000.00
M-1	SUB	$	58,510,000.00		58,510,000.00	121,481.39		0.00		121,481.39		0.00		0.00		58,510,000.00
M-2	SUB	$	31,750,000.00		31,750,000.00	79,017.81		0.00		79,017.81		0.00		0.00		31,750,000.00
M-3	SUB	$	13,607,000.00		13,607,000.00	35,735.38		0.00		35,735.38		0.00		0.00		13,607,000.00
M-4	SUB	$	13,607,000.00		13,607,000.00	38,230.00		0.00		38,230.00		0.00		0.00		13,607,000.00
B-1	SUB	$	13,607,000.00		13,607,000.00	43,842.89		0.00		43,842.89		0.00		0.00		13,607,000.00
B-2	SUB	$	9,072,000.00		9,072,000.00	31,309.74		0.00		31,309.74		0.00		0.00		9,072,000.00
B-3	SUB	$	9,071,000.00		9,071,000.00	42,531.65		0.00		42,531.65		0.00		0.00		9,071,000.00
B-4	SUB	$	20,411,000.00		20,411,000.00	85,045.83		0.00		85,045.83		0.00		0.00		20,411,000.00
P	NOF	$	100.00		100.00	107,171.76		0.00		107,171.76		0.00		0.00		100.00
X	SR/NTL	$	19,957,208.94		19,957,062.60	3,149,747.30		0.00		3,149,747.30		0.00		0.00		19,957,062.60
UT-R	SR/RES	$	0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			907,139,308.94		892,176,078.71	4,975,666.95		6,655,131.08		11,630,798.03		0.00		0.00		885,520,947.63
Total




Interest Accrual Detail Current Period Factor Information per $1,0000 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	08/25/04		09/26/04		A-Act/360	36242DAA1		284,714,000.00		972.199381		1.697703		10.957928		12.655631	961.241454
A-2	08/25/04		09/26/04		A-Act/360	36242DAB9		236,934,000.00		984.780084		1.782862		7.349777		9.132639	977.430307
A-3A	08/25/04		09/26/04		A-Act/360	36242DAC7		117,719,000.00		970.763062		1.597310		15.238352		16.835662	955.524710
A-3B	08/25/04		09/26/04		A-Act/360	36242DAQ6		45,371,000.00		1,000.000000		1.801250		0.000000		1.801250	1,000.000000
A-3C	08/25/04		09/26/04		A-Act/360	36242DAR4		32,809,000.00		1,000.000000		2.012083		0.000000		2.012083	1,000.000000
M-1	08/25/04		09/26/04		A-Act/360	36242DAD5		58,510,000.00		1,000.000000		2.076250		0.000000		2.076250	1,000.000000
M-2	08/25/04		09/26/04		A-Act/360	36242DAE3		31,750,000.00		1,000.000000		2.488750		0.000000		2.488750	1,000.000000
M-3	08/25/04		09/26/04		A-Act/360	36242DAF0		13,607,000.00		1,000.000000		2.626250		0.000000		2.626250	1,000.000000
M-4	08/25/04		09/26/04		A-Act/360	36242DAG8		13,607,000.00		1,000.000000		2.809583		0.000000		2.809583	1,000.000000
B-1	08/25/04		09/26/04		A-Act/360	36242DAH6		13,607,000.00		1,000.000000		3.222083		0.000000		3.222083	1,000.000000
B-2	08/25/04		09/26/04		A-Act/360	36242DAJ2		9,072,000.00		1,000.000000		3.451250		0.000000		3.451250	1,000.000000
B-3	08/25/04		09/26/04		A-Act/360	36242DAK9		9,071,000.00		1,000.000000		4.688750		0.000000		4.688750	1,000.000000
B-4	08/01/04		08/30/04		F-30/360			20,411,000.00		1,000.000000		4.166667		0.000000		4.166667	1,000.000000
P	08/01/04		08/30/04			100.00		1,000.000000		1,071,717.600000		0.000000		1,071,717.600000		1,000.000000
X	08/01/04		08/30/04			927,096,417.88		21.526415		3.397432		0.000000		3.397432		21.526415
UT-R	08/01/04		08/30/04		36242DAP8	0.00		0.000000		0.000000		0.000000		0.000000		0.000000




Page 2 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

Distribution to Date -
																Current


	Original				Unscheduled	Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal	Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)	(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	284,714,000.00		847,319.26		10,409,300.57	625,800.12		11,035,100.69		11,882,419.95		0.00		0.00		273,678,899.31
A-2	236,934,000.00		737,279.65		4,919,949.73	427,577.86		5,347,527.59		6,084,807.24		0.00		0.00		231,586,472.41
A-3A	117,719,000.00		329,165.70		4,845,044.82	390,541.87		5,235,586.69		5,564,752.39		0.00		0.00		112,483,413.31
A-3B	45,371,000.00		141,689.85		0.00	0.00		0.00		141,689.85		0.00		0.00		45,371,000.00
A-3C	32,809,000.00		114,826.94		0.00	0.00		0.00		114,826.94		0.00		0.00		32,809,000.00
M-1	58,510,000.00		211,489.27		0.00	0.00		0.00		211,489.27		0.00		0.00		58,510,000.00
M-2	31,750,000.00		138,178.64		0.00	0.00		0.00		138,178.64		0.00		0.00		31,750,000.00
M-3	13,607,000.00		62,563.85		0.00	0.00		0.00		62,563.85		0.00		0.00		13,607,000.00
M-4	13,607,000.00		67,023.92		0.00	0.00		0.00		67,023.92		0.00		0.00		13,607,000.00
B-1	13,607,000.00		77,059.09		0.00	0.00		0.00		77,059.09		0.00		0.00		13,607,000.00
B-2	9,072,000.00		55,093.50		0.00	0.00		0.00		55,093.50		0.00		0.00		9,072,000.00
B-3	9,071,000.00		75,157.01		0.00	0.00		0.00		75,157.01		0.00		0.00		9,071,000.00
B-4	20,411,000.00		170,091.66		0.00	0.00		0.00		170,091.66		0.00		0.00		20,411,000.00
P	100.00		131,104.83		0.00	0.00		0.00		131,104.83		0.00		0.00		100.00
X	19,957,208.94		6,790,789.33		0.00	0.00		146.34		6,790,935.67		0.00		0.00		19,957,062.60
UT-R	0.00		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total	907,139,308.94		9,948,832.50		20,174,295.12	1,443,919.85		21,618,361.31		31,567,193.81		0.00		0.00		885,520,947.63


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

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

Class	Rate		Balance		Interest	Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)	(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	1.90500%		276,798,774.69		483,359.86	0.00		0.00		0.00		483,359.86		483,359.86		0.00
A-2	1.97500%		233,327,884.52		422,420.69	0.00		0.00		0.00		422,420.69		422,420.69		0.00
A-3A	1.79500%		114,277,256.90		188,033.70	0.00		0.00		0.00		188,033.70		188,033.70		0.00
A-3B	1.96500%		45,371,000.00		81,724.51	0.00		0.00		0.00		81,724.51		81,724.51		0.00
A-3C	2.19500%		32,809,000.00		66,014.44	0.00		0.00		0.00		66,014.44		66,014.44		0.00
M-1	2.26500%		58,510,000.00		121,481.39	0.00		0.00		0.00		121,481.39		121,481.39		0.00
M-2	2.71500%		31,750,000.00		79,017.81	0.00		0.00		0.00		79,017.81		79,017.81		0.00
M-3	2.86500%		13,607,000.00		35,735.38	0.00		0.00		0.00		35,735.38		35,735.38		0.00
M-4	3.06500%		13,607,000.00		38,230.00	0.00		0.00		0.00		38,230.00		38,230.00		0.00
B-1	3.51500%		13,607,000.00		43,842.89	0.00		0.00		0.00		43,842.89		43,842.89		0.00
B-2	3.76500%		9,072,000.00		31,309.74	0.00		0.00		0.00		31,309.74		31,309.74		0.00
B-3	5.11500%		9,071,000.00		42,531.65	0.00		0.00		0.00		42,531.65		42,531.65		0.00
B-4	5.00000%		20,411,000.00		85,045.83	0.00		0.00		0.00		85,045.83		85,045.83		0.00
P	0.00000%		100.00		0.00	0.00		0.00		0.00		0.00		107,171.76		0.00
X	189.39144%		19,957,062.60		0.00	0.00		0.00		0.00		0.00		3,149,747.30		0.00
UT-R	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			892,176,078.71		1,718,747.89	0.00		0.00		0.00		1,718,747.89		4,975,666.95		0.00



Page 3 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Collection Account Report
SUMMARY
SUMMARY
							Group 3		Group 2		Group 1		Total
Principal Collections							1,862,544.01		1,741,339.95		3,119,746.11		6,654,855.32
Principal Withdrawals							0.00		0.00		0.00		0.00
Principal Other Accounts							0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL							1,862,544.01		1,741,339.95		3,119,746.11		6,654,855.32
Interest Collections							1,348,270.80		1,671,262.55		1,925,426.26		4,944,959.61
Interest Withdrawals							-0.00		-0.00		-0.00		-0.00
Interest Fees							-15,416.27		-23,228.16		-21,397.62		-76,188.66
Interest Other Accounts													107,171.76
TOTAL NET INTEREST							1,332,854.54		1,648,034.38		1,904,028.64		4,975,942.72
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION													11,630,798.04



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
								Group 3		Group 2		Group 1		Total
Scheduled Principal Received								195,443.89		214,420.27		312,599.93		722,464.09
Curtailments								16,578.76		13,634.79		14,206.76		44,420.31
Prepayments In Full								1,183,822.37		1,513,284.89		2,792,939.42		5,490,046.68
Repurchased/Substitutions								0.00		0.00		0.00		0.00
Liquidations								398,200.00		0.00		0.00		398,200.00
Insurance Principal								0.00		0.00		0.00		0.00
Other Additional Principal								0.00		0.00		0.00		0.00
Delinquent Principal								-167,757.83		-175,122.38		-268,951.45		-611,831.66
Realized Losses								-275.76		-0.00		-0.00		-275.76
Advanced Principal								167,757.83		175,122.38		268,951.45		611,831.66
TOTAL PRINCIPAL COLLECTED								1,862,544.01		1,741,339.95		3,119,746.11		6,654,855.32


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
							Group 3		Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS							0.00		0.00		0.00		0.00





Page 4 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
							Group 3		Group 2		Group 1		Total
Scheduled Interest							1,432,712.94		1,772,054.36		2,051,557.59		5,256,324.89
Repurchased/Substitution Interest							0.00		0.00		0.00		0.00
Liquidation Interest							2,488.75		0.00		0.00		2,488.75
Insurance Interest							0.00		0.00		0.00		0.00
Other Additional Interest							0.00		0.00		0.00		0.00
Prepayment Interest Shortfalls							-0.00		-0.00		-0.00		-0.00
Delinquent Interest							-1,230,553.94		-1,455,356.65		-1,768,972.50		-4,454,883.09
Compensating Interest							0.00		0.00		0.00		0.00
Civil Relief Act Shortfalls							-0.00		-0.00		-0.00		-0.00
Interest Advanced							1,143,623.05		#######		1,642,841.17		4,141,029.06
TOTAL INTEREST COLLECTED							1,348,270.80		1,671,262.55		1,925,426.26		4,944,959.61


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
							Group 3		Group 2		Group 1		Total
Non-Recoverable Advances							0.00		0.00		0.00		0.00
Reimbursements to Master Servicer							0.00		0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS							0.00		0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
							Group 3		Group 2		Group 1		Total
Prepayment Charges													107,171.76
Interest Cap Payment													0.00
TOTAL INTEREST OTHER ACCOUNTS													107,171.76



INTEREST - FEES
INTEREST - FEES
							Group 3		Group 2		Group 1		Total
Current Servicing Fees							14,826.08		22,513.00		20,546.89		57,885.97
Trustee Fees							590.19		715.17		850.73		2,156.09
Certificate Insurance Policy Payment													16,146.60
TOTAL INTEREST FEES							15,416.27		23,228.16		21,397.62		76,188.66




Page 5 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
							Group 3		Group 2		Group 1		Total
Beginning Excess Reserve Fund Account Balance													0.00
Basis Risk CarryOver Deposit													0.00
Interest Cap Payment Deposit													0.00
Basis Risk CarryOver Amount Paid													0.00
Interest Cap Pmt Amount Released to Class X													0.00
Ending Excess Reserve Fund Account Balance													0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
							Group 3		Group 2		Group 1		Total
Overcollateralized Amount													19,957,062.60
Overcollateralization Reduction Amount													0.00
Overcollateralization Deficiency Amount													275.76
Overcollateralization Target Amount													19,957,062.60





Page 6 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Collateral Report


COLLATERAL



								Group 3		Group 2		Group 1		Total



*Loan Count:*


Original							1,190		2,017		2,230		5,437
Prior							1,170		1,994		2,187		5,351
Prefunding							0		0		0		0
Scheduled Paid Offs							-0		-0		-0		-0
Full Voluntary Prepayments							-5		-8		-15		-28
Repurchases							-0		-0		-0		-0
Liquidations							-1		-0		-0		-1
Current							1,164		1,986		2,172		5,322
*Principal Balance:*


Original							247,658,492.23		299,537,699.57		359,943,017.14		907,139,208.94
Prior							244,216,715.47		295,931,548.82		352,027,714.42		892,175,978.71
Prefunding							0.00		0.00		0.00		0.00
Scheduled Principal							-195,443.89		-214,420.27		-312,599.93		-722,464.09
Partial Prepayments							-16,578.76		-13,634.79		-14,206.76		-44,420.31
Full Voluntary Prepayments							-1,183,822.37		-1,513,284.89		-2,792,939.42		-5,490,046.68
Repurchases							-0.00		-0.00		-0.00		-0.00
Liquidations							-398,200.00		-0.00		-0.00		-398,200.00
Current							242,422,670.45		294,190,208.87		348,907,968.31		885,520,847.63





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

CHARACTERISTICS
CHARACTERISTICS
							Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original							7.05777%		7.16125%		7.00176%		7.06972%
Weighted Average Coupon Prior							7.05777%		7.16125%		7.00176%		7.06972%
Weighted Average Coupon Current							7.05211%		7.18567%		6.99340%		7.07324%
Weighted Average Months to Maturity Original							353		354		353		353
Weighted Average Months to Maturity Prior							353		354		353		353
Weighted Average Months to Maturity Current							352		353		352		352
Weighted Avg Remaining Amortization Term Original							353		354		353		353
Weighted Avg Remaining Amortization Term Prior							353		354		353		353
Weighted Avg Remaining Amortization Term Current							352		353		352		352
Weighted Average Seasoning Original							2.94		2.63		3.17		2.93
Weighted Average Seasoning Prior							2.94		2.63		3.17		2.93
Weighted Average Seasoning Current							3.93		3.62		4.17		3.93









Page 8 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
							Group 3		Group 2		Group 1		Total
Weighted Average Margin Original							6.23460%		6.75346%		5.51788%		6.16006%
Weighted Average Margin Prior							6.23460%		6.75346%		5.51788%		6.16006%
Weighted Average Margin Current							6.23291%		6.75172%		5.52125%		6.16435%
Weighted Average Max Rate Original							13.64980%		14.08662%		13.15197%		13.62632%
Weighted Average Max Rate Prior							13.64980%		14.08662%		13.15197%		13.62632%
Weighted Average Max Rate Current							13.63547%		14.08172%		13.14227%		13.62034%
Weighted Average Min Rate Original							7.26495%		7.22806%		7.15197%		7.20926%
Weighted Average Min Rate Prior							7.26495%		7.22806%		7.15197%		7.20926%
Weighted Average Min Rate Current							7.25000%		7.22081%		7.14227%		7.19940%
Weighted Average Cap Up Original							1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior							1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current							1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original							1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior							1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current							1.00000%		1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

								Group 3		Group 2		Group 1		Total




Current Servicing Fees							14,826.08		22,513.00		20,546.89		57,885.97
Delinquent Servicing Fees							86,930.89		100,791.82		126,131.33		313,854.03
TOTAL SERVICING FEES							101,756.97		123,304.82		146,678.22		371,740.00


Total Servicing Fees							101,756.97		123,304.82		146,678.22		371,740.00
Compensating Interest							-0.00		-0.00		-0.00		-0.00
Delinquent Servicing Fees							-86,930.89		-100,791.82		-126,131.33		-313,854.03
COLLECTED SERVICING FEES							14,826.08		22,513.00		20,546.89		57,885.97


Total Advanced Interest							1,143,623.05		1,354,564.83		1,642,841.17		4,141,029.06
Total Advanced Principal							167,757.83		175,122.38		268,951.45		611,831.66
Aggregate Advances with respect to this Distribution							1,311,380.88		1,529,687.21		1,911,792.62		3,441,479.84





ADDITIONAL COLLATERAL INFORMATION
							Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)							0.00		0.00		0.00		0.00
Compensating Interest							-0.00		-0.00		-0.00		-0.00
Net Prepayment Interest Shortfall (PPIS)							0.00		0.00		0.00		0.00


Ending Pool Stated Principal Balance							242,422,670.45		294,190,208.87		348,907,968.31		885,520,847.63
Weighted Average Net Mortgage Rate							6.549205%		6.682766%		6.490496%		6.570342%




Page 9 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			11,217,072.05		1,760,088.03		0.00		12,977,160.08
			% Balance			1.27%		0.20%		0.00%		1.47%
			# Loans			68		11		0		79
			% # Loans			1.28%		0.21%		0.00%		1.48%
	FORECLOSURE		Balance		0.00	0.00		283,844.90		1,074,160.29		1,358,005.19
			% Balance		0.00%	0.00%		0.03%		0.12%		0.15%
			# Loans		0	0		2		7		9
			% # Loans		0.00%	0.00%		0.04%		0.13%		0.17%
	BANKRUPTCY		Balance		868,533.66	83,011.03		0.00		0.00		951,544.69
			% Balance		0.10%	0.01%		0.00%		0.00%		0.11%
			# Loans		6	1		0		0		7
			% # Loans		0.11%	0.02%		0.00%		0.00%		0.13%
	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		868,533.66	11,300,083.08		2,043,932.93		1,074,160.29		15,286,709.96
			% Balance		0.10%	1.28%		0.23%		0.12%		1.73%
			# Loans		6	69		13		7		95
			% # Loans		0.11%	1.30%		0.24%		0.13%		1.79%









Page 10 of 25
GSAMP Trust 2004-HE2

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Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution


	GROUP 1
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			4,271,414.50		373,935.87		0.00		4,645,350.37
			% Balance			1.22%		0.11%		0.00%		1.33%
			# Loans			28		2		0		30
			% # Loans			1.29%		0.09%		0.00%		1.38%
	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		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%
	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	4,271,414.50		373,935.87		0.00		4,645,350.37
			% Balance		0.00%	1.22%		0.11%		0.00%		1.33%
			# Loans		0	28		2		0		30
			% # Loans		0.00%	1.29%		0.09%		0.00%		1.38%










Page 11 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

	GROUP 2
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			3,839,498.59		894,448.62		0.00		4,733,947.21
			% Balance			1.31%		0.30%		0.00%		1.61%
			# Loans			26		6		0		32
			% # Loans			1.31%		0.30%		0.00%		1.61%
	FORECLOSURE		Balance		0.00	0.00		283,844.90		1,074,160.29		1,358,005.19
			% Balance		0.00%	0.00%		0.10%		0.37%		0.46%
			# Loans		0	0		2		7		9
			% # Loans		0.00%	0.00%		0.10%		0.35%		0.45%
	BANKRUPTCY		Balance		868,533.66	0.00		0.00		0.00		868,533.66
			% Balance		0.30%	0.00%		0.00%		0.00%		0.30%
			# Loans		6	0		0		0		6
			% # Loans		0.30%	0.00%		0.00%		0.00%		0.30%
	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		868,533.66	3,839,498.59		1,178,293.52		1,074,160.29		6,960,486.06
			% Balance		0.30%	1.31%		0.40%		0.37%		2.37%
			# Loans		6	26		8		7		47
			% # Loans		0.30%	1.31%		0.40%		0.35%		2.37%










Page 12 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

	GROUP 3
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			3,106,158.96		491,703.54		0.00		3,597,862.50
			% Balance			1.28%		0.20%		0.00%		1.48%
			# Loans			14		3		0		17
			% # Loans			1.20%		0.26%		0.00%		1.46%
	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	83,011.03		0.00		0.00		83,011.03
			% Balance		0.00%	0.03%		0.00%		0.00%		0.03%
			# Loans		0	1		0		0		1
			% # Loans		0.00%	0.09%		0.00%		0.00%		0.09%
	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	3,189,169.99		491,703.54		0.00		3,680,873.53
			% Balance		0.00%	1.32%		0.20%		0.00%		1.52%
			# Loans		0	15		3		0		18
			% # Loans		0.00%	1.29%		0.26%		0.00%		1.55%









Page 13 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 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
SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 14 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 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
402487 2
402487 2			137,750.00		137,028.34	01-Apr-2004		6.750%		UT - 95.00%		360		01-Apr-2004

411314 2			244,000.00		242,830.30	01-Apr-2004		6.250%		FL - 80.00%		360		01-May-2004
411934 2			157,200.00		156,717.06	01-May-2004		8.500%		NC - 80.00%		360		01-May-2004
412189 2			166,500.00		166,038.38	01-Apr-2004		9.000%		RI - 74.00%		360		01-May-2004
412569 2			127,500.00		127,127.84	01-May-2004		8.750%		IL - 85.00%		360		01-May-2004
416446 2			72,500.00		72,234.28	01-Apr-2004		7.625%		ID - 65.00%		360		01-May-2004
418632 2			200,000.00		199,248.51	01-Apr-2004		7.500%		RI - 80.00%		360		01-May-2004
418723 2			66,300.00		66,074.55	01-Apr-2004		8.000%		FL - 85.00%		360		01-May-2004
421156 2			191,250.00		190,705.93	01-Apr-2004		8.875%		CO - 85.00%		360		01-May-2004
423293 2			274,500.00		0.00	01-Sep-2004		7.250%		IL - 90.00%		360		01-Jun-2004
427062 2			204,000.00		0.00	01-Sep-2004		6.125%		NV - 80.00%		360		01-Jun-2004


TOTAL			1,841,500.00		1,358,005.19



Page 15 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

								Group 3		Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans							5		8		15		28
Number of Repurchased Loans							0		0		0		0
Total Number of Loans Prepaid in Full							5		8		15		28
Curtailments Amount							16,578.76		13,634.79		14,206.76		44,420.31
Paid in Full Balance							1,183,822.37		1,513,284.89		2,792,939.42		5,490,046.68
Repurchased Loans Balance							0.00		0.00		0.00		0.00
Total Prepayment Amount							1,200,401.13		1,526,919.68		2,807,146.18		5,534,466.99

*Cumulative*


Number of Paid in Full Loans							25		31		58		114
Number of Repurchased Loans							0		0		0		0
Total Number of Loans Prepaid in Full							25		31		58		114
Paid in Full Balance							4,422,651.74		4,900,558.72		10,382,683.50		19,705,893.96
Repurchased Loans Balance							0.00		0.00		0.00		0.00
Curtailments Amount							24,428.17		19,354.12		26,565.21		70,347.50
Total Prepayment Amount							4,447,079.91		4,919,912.84		10,409,248.71		19,776,241.46










Page 16 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

								Group 3		Group 2		Group 1		Total



SMM							0.66%		0.52%		0.80%		0.67%
3 Months Avg SMM							0.98%		0.83%		1.46%		1.12%
12 Months Avg SMM							0.98%		0.83%		1.46%		1.12%
Avg SMM Since Cut-off							0.98%		0.83%		1.46%		1.12%


CPR							7.58%		6.02%		9.17%		7.70%
3 Months Avg CPR							11.19%		9.47%		16.16%		12.64%
12 Months Avg CPR							11.19%		9.47%		16.16%		12.64%
Avg CPR Since Cut-off							11.19%		9.47%		16.16%		12.64%


PSA							964.16%		830.79%		1,098.48%		980.84%
3 Months Avg PSA Approximation							1,628.66%		1,513.11%		2,199.86%		1,843.41%
12 Months Avg PSA Approximation							1,628.66%		1,513.11%		2,199.86%		1,843.41%
Avg PSA Since Cut-off Approximation							1,628.66%		1,513.11%		2,199.86%		1,843.41%










Page 17 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 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/(0.002*min(30,WAS))
	PSA Standard Prepayment Model: CPR/(0.002*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/(0.002*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)

	Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 18 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 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

408013 2			68,000.00		67,815.65		12-Aug-2004		8.000%		WI - 80.00%		Paid Off - 360		01-May-2004
408013 2			68,000.00		67,815.65		12-Aug-2004		8.000%		WI - 80.00%		Paid Off - 360		01-May-2004
411660 2			180,000.00		179,262.09		31-Aug-2004		7.500%		CT - 90.00%		Paid Off - 360		01-May-2004
414060 2			132,700.00		132,242.31		13-Aug-2004		7.250%		FL - 80.00%		Paid Off - 360		01-May-2004
414730 3			279,000.00		278,299.06		05-Aug-2004		8.375%		MD - 90.00%		Paid Off - 360		01-May-2004
416651 2			64,000.00		63,854.89		18-Aug-2004		8.875%		IL - 80.00%		Paid Off - 360		01-May-2004
421263 3			256,800.00		256,180.89		31-Aug-2004		8.625%		CA - 80.00%		Paid Off - 360		01-May-2004
423293 2		FCL	274,500.00		274,500.00		31-Aug-2004		7.250%		IL - 90.00%		Paid Off - 360		01-Jun-2004
427062 2		FCL	204,000.00		203,283.22		31-Aug-2004		6.125%		NV - 80.00%		Paid Off - 360		01-Jun-2004
56380256 1			104,500.00		104,213.82		26-Aug-2004		7.950%		OH - 95.00%		Paid Off - 360		01-May-2004
57051534 2			327,750.00		326,978.31		19-Aug-2004		7.250%		IL - 95.00%		Paid Off - 360		01-Jun-2004
57116592 1			112,500.00		112,325.52		30-Aug-2004		9.300%		CT - 75.00%		Paid Off - 360		01-Jun-2004
57129157 1			124,355.00		123,860.68		31-Aug-2004		6.990%		OH - 95.00%		Paid Off - 360		01-May-2004
57263196 1			104,500.00		104,133.50		26-Aug-2004		6.700%		WI - 95.00%		Paid Off - 360		01-May-2004
57276636 1			270,000.00		269,332.16		16-Aug-2004		7.000%		IL - 92.00%		Paid Off - 360		01-Jun-2004
57305997 1			218,500.00		217,889.50		16-Aug-2004		7.850%		CA - 95.00%		Paid Off - 360		01-May-2004
57400095 1			238,500.00		237,898.38		16-Aug-2004		6.900%		CA - 90.00%		Paid Off - 360		01-Jun-2004
57555153 1			223,250.00		222,793.00		19-Aug-2004		7.950%		FL - 95.00%		Paid Off - 360		01-Jun-2004
57575375 1			147,250.00		146,933.01		16-Aug-2004		7.700%		FL - 95.00%		Paid Off - 360		01-Jun-2004
57713497 1			103,000.00		101,913.99		27-Aug-2004		5.800%		FL - 60.00%		Paid Off - 180		01-Jun-2004
57788036 2			266,000.00		265,348.42		18-Aug-2004		7.050%		CA - 95.00%		Paid Off - 360		01-Jun-2004
57893273 3			131,400.00		131,093.64		25-Aug-2004		7.300%		FL - 90.00%		Paid Off - 360		01-Jun-2004
57976094 3			380,000.00		379,058.23		31-Aug-2004		6.990%		CA - 95.00%		Paid Off - 360		01-Jun-2004
58123399 1			175,750.00		175,386.57		31-Aug-2004		7.900%		CA - 95.00%		Paid Off - 360		01-Jun-2004
58143736 1			139,500.00		139,085.24		31-Aug-2004		6.050%		NV - 90.00%		Paid Off - 360		01-Jun-2004
58255472 1			321,000.00		320,116.20		19-Aug-2004		6.450%		CA - 83.00%		Paid Off - 360		01-Jun-2004
73945560 1			306,000.00		305,341.31		30-Aug-2004		7.700%		CA - 85.00%		Paid Off - 360		01-Jun-2004
75421008 3			139,500.00		139,190.55		19-Aug-2004		7.550%		CA - 83.00%		Paid Off - 360		01-Jun-2004
76369701 1			212,121.00		211,716.54		16-Aug-2004		8.300%		FL - 95.00%		Paid Off - 360		01-Jun-2004


TOTAL			5,504,376.00		5,490,046.68
TOTAL


Page 19 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



								Group 3		Group 2		Group 1		Total


*Current*
*Current*



Number of Loans Liquidated							1		0		0		1
Collateral Principal Realized Loss/(Gain) Amount							275.76		0.00		0.00		275.76
Collateral Interest Realized Loss/(Gain) Amount							0.00		0.00		0.00		0.00
Net Liquidation Proceeds							397,924.24		0.00		0.00		397,924.24

*Cumulative*
*Cumulative*



Number of Loans Liquidated							1		0		0		1
Collateral Realized Loss/(Gain) Amount							275.76		0.00		0.00		275.76
Net Liquidation Proceeds							397,924.24		0.00		0.00		397,924.24










Page 20 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution


DEFAULT SPEEDS



								Group 3		Group 2		Group 1		Total



MDR							0.16%		0.00%		0.00%		0.04%
3 Months Avg MDR							0.08%		0.00%		0.00%		0.02%
12 Months Avg MDR							0.08%		0.00%		0.00%		0.02%
Avg MDR Since Cut-off							0.08%		0.00%		0.00%		0.02%


CDR							1.94%		0.00%		0.00%		0.53%
3 Months Avg CDR							0.97%		0.00%		0.00%		0.27%
12 Months Avg CDR							0.97%		0.00%		0.00%		0.27%
Avg CDR Since Cut-off							0.97%		0.00%		0.00%		0.27%


SDA							24.65%		0.00%		0.00%		6.81%
3 Months Avg SDA Approximation							14.18%		0.00%		0.00%		3.90%
12 Months Avg SDA Approximation							14.18%		0.00%		0.00%		3.90%
Avg SDA Since Cut-off Approximation							14.18%		0.00%		0.00%		3.90%


Loss Severity Approximation for Current Period							0.07%		0.00%		0.00%		0.07%
3 Months Avg Loss Severity Approximation							0.03%		0.00%		0.00%		0.03%
12 Months Avg Loss Severity Approximation							0.03%		0.00%		0.00%		0.03%
Avg Loss Severity Approximation Since Cut-off							0.03%		0.00%		0.00%		0.03%












Page 21 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution





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



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

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

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

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

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

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

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




Page 22 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Original		Prior			Current		State &

													First
&			Principal		Principal	Realized		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Loss/(Gain)		Rate		Origination		Term		Date

410332 3
410332 3			398,200.00		398,200.00	0.00		7.500%		CA - 80.00%		360		01-May-2004



TOTAL			398,200.00		398,200.00	0.00



Page 23 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
							Group 3		Group 2		Group 1		Total
Optional Termination in Effect (0=No,1=Yes)													0.00

Has a Stepdown Date Occurred? (0=No,1=Yes)													0.00

Does a Trigger Event Exist? (0=No,1=Yes)													0.00

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

(i) The quotient of ( (1)/(2) > (3) )
(1) 60+ Day Rolling Delinquency Balance													1,752,603.55
(2) Stated Principal Balance													885,520,847.63
60+ Day Delinquency % ( (1)/(2) )													0.20%
(3) 38% of Senior Enhancement %													8.14%

(ii) The quotient of ( (4)/(5) > (6))
(4) Aggregate Cumulative Realized Loss													275.76
(5) Cutoff Date Pool Principal Balance													907,139,208.94
Trigger Event Loss % ( (4)/(5) )													0.00%
(6) Applicable Loss %													0.00%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Group 3		Group 2		Group 1		Total
Net Monthly Excess Cashflow													3,149,747.30
Net Monthly Excess Cashflow Alloc to Losses													275.76
Net Monthly Excess Cashflow Alloc to Unpaid Int													0.00

Current LIBOR Rate													1.615000%
Next LIBOR Rate													1.840000%




Page 24 of 25
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
REMIC 2004-HE2

September 27, 2004 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Group 3		Group 2		Group 1		Total
Current Scheduled Payments													5,978,788.98
Current Scheduled Payments 1 Month Prior													6,065,802.67
Current Scheduled Payments 2 Month Prior													0.00
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													29,782.61
Delinq. 60+ Sched. Pmnts, 1 Month Prior													8,627.50
Delinq. 60+ Sched. Pmnts, 2 Month Prior													0.00
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 25 of 25

Filing Compare · GS MORTGAGE SECURITIES CORP. GSAMP TRUST 2004-HE2