
                                      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
                (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
     December 27, 2004.

                                    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:  Dec 30, 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 December 27, 2004.



GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

				External Parties					Table of Contents

												Page
				Seller
									1. Certificate Payment Report					2
				Goldman, Sachs & Co.
									2. Collection Account Report					4

									3. Credit Enhancement Report					6
									4. Collateral Report					7
				Certificate Insurer(s)					5. Delinquency Report					10

									6. REO Report					14

				Financial Security Assurance					7. Foreclosure Report					15
									8. Prepayment Report					17
									9. Prepayment Detail Report					20

									10. Realized Loss Report					23
									11. Realized Loss Detail Report					26
				Servicer(s)
									12. Triggers and Adj. Cert. Report					27
				Chase Manhattan Mortgage
									13. Other Related Information					28
				Ocwen Federal

				Countrywide Home Loans Serv


				Underwriter(s)
				Goldman, Sachs & Co.


									Total Number of Pages					28


				Dates					Contacts

				Cut-Off Date:		July 01, 2004			Nicholas Gisler
				Close Date:		July 30, 2004			Administrator
				First Distribution Date:		August 25, 2004			(714) 247-6268
									Nicholas.Gisler@db.com

									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		December 27, 2004
									Factor Information:			(800) 735-7777
				Record Date:		December 24, 2004
									Main Phone Number:			(714) 247-6000


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






Page 1 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior											Current
	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		264,025,676.38	561,711.18		6,960,119.26		7,521,830.44		0.00		0.00		257,065,557.12

A-2	SEQ/SR	$	236,934,000.00		222,322,615.67	486,389.58		5,046,036.73		5,532,426.31		0.00		0.00		217,276,578.94
A-3A	SEQ/SR	$	117,719,000.00		103,044,992.20	209,466.22		11,102,929.09		11,312,395.31		0.00		0.00		91,942,063.11
A-3B	SEQ/SR	$	45,371,000.00		45,371,000.00	98,870.38		0.00		98,870.38		0.00		0.00		45,371,000.00
A-3C	SEQ/SR	$	32,809,000.00		32,809,000.00	77,993.86		0.00		77,993.86		0.00		0.00		32,809,000.00
M-1	SUB	$	58,510,000.00		58,510,000.00	142,617.36		0.00		142,617.36		0.00		0.00		58,510,000.00
M-2	SUB	$	31,750,000.00		31,750,000.00	89,693.34		0.00		89,693.34		0.00		0.00		31,750,000.00
M-3	SUB	$	13,607,000.00		13,607,000.00	40,197.17		0.00		40,197.17		0.00		0.00		13,607,000.00
M-4	SUB	$	13,607,000.00		13,607,000.00	42,540.60		0.00		42,540.60		0.00		0.00		13,607,000.00
B-1	SUB	$	13,607,000.00		13,607,000.00	47,813.31		0.00		47,813.31		0.00		0.00		13,607,000.00
B-2	SUB	$	9,072,000.00		9,072,000.00	33,830.88		0.00		33,830.88		0.00		0.00		9,072,000.00
B-3	SUB	$	9,071,000.00		9,071,000.00	44,372.19		0.00		44,372.19		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	$	0.00		0.00	368,016.30		0.00		368,016.30		0.00		0.00		0.00
X	SR/NTL	$	19,957,208.94		19,957,062.60	2,712,325.42		0.00		2,712,325.42		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			907,139,208.94		857,165,346.85	5,040,883.62		23,109,085.08		28,149,968.70		0.00		0.00		834,056,261.77





Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
								Orig. Principal		Prior							Current

	Period		Period					(with Notional)		Principal						Total	Principal

Class	Starting		Ending		Method	Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

								(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	11/26/04		12/26/04		A-Act/360	36242DAA1		284,714,000.00		927.336472		1.972896		24.446003		26.418899	902.890469
A-2	11/26/04		12/26/04		A-Act/360	36242DAB9		236,934,000.00		938.331416		2.052848		21.297225		23.350073	917.034191
A-3A	11/26/04		12/26/04		A-Act/360	36242DAC7		117,719,000.00		875.347159		1.779375		94.317222		96.096597	781.029937
A-3B	11/26/04		12/26/04		A-Act/360	36242DAQ6		45,371,000.00		1,000.000000		2.179154		0.000000		2.179154	1,000.000000
A-3C	11/26/04		12/26/04		A-Act/360	36242DAR4		32,809,000.00		1,000.000000		2.377209		0.000000		2.377209	1,000.000000
M-1	11/26/04		12/26/04		A-Act/360	36242DAD5		58,510,000.00		1,000.000000		2.437487		0.000000		2.437487	1,000.000000
M-2	11/26/04		12/26/04		A-Act/360	36242DAE3		31,750,000.00		1,000.000000		2.824987		0.000000		2.824987	1,000.000000
M-3	11/26/04		12/26/04		A-Act/360	36242DAF0		13,607,000.00		1,000.000000		2.954154		0.000000		2.954154	1,000.000000
M-4	11/26/04		12/26/04		A-Act/360	36242DAG8		13,607,000.00		1,000.000000		3.126376		0.000000		3.126376	1,000.000000
B-1	11/26/04		12/26/04		A-Act/360	36242DAH6		13,607,000.00		1,000.000000		3.513876		0.000000		3.513876	1,000.000000
B-2	11/26/04		12/26/04		A-Act/360	36242DAJ2		9,072,000.00		1,000.000000		3.729153		0.000000		3.729153	1,000.000000
B-3	11/26/04		12/26/04		A-Act/360	36242DAK9		9,071,000.00		1,000.000000		4.891654		0.000000		4.891654	1,000.000000
B-4	11/01/04		11/30/04		F-30/360			20,411,000.00		1,000.000000		4.166667		0.000000		4.166667	1,000.000000
P	11/01/04		11/30/04			0.00		0.000000		0.000000		0.000000		0.000000		0.000000
X	11/01/04		11/30/04			927,096,417.88		21.526415		2.925613		0.000000		2.925613		21.526415
UT-R	11/01/04		11/30/04		36242DAP8	0.00		0.000000		0.000000		0.000000		0.000000		0.000000




Page 2 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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		2,396,341.06		26,096,819.84	1,551,623.04		27,648,442.88		30,044,783.94		0.00		0.00		257,065,557.12
A-2	236,934,000.00		2,082,311.04		18,595,465.66	1,061,955.40		19,657,421.06		21,739,732.10		0.00		0.00		217,276,578.94
A-3A	117,719,000.00		919,348.87		24,818,770.70	958,166.19		25,776,936.89		26,696,285.76		0.00		0.00		91,942,063.11
A-3B	45,371,000.00		409,894.89		0.00	0.00		0.00		409,894.89		0.00		0.00		45,371,000.00
A-3C	32,809,000.00		327,848.06		0.00	0.00		0.00		327,848.06		0.00		0.00		32,809,000.00
M-1	58,510,000.00		601,733.96		0.00	0.00		0.00		601,733.96		0.00		0.00		58,510,000.00
M-2	31,750,000.00		386,057.54		0.00	0.00		0.00		386,057.54		0.00		0.00		31,750,000.00
M-3	13,607,000.00		173,955.87		0.00	0.00		0.00		173,955.87		0.00		0.00		13,607,000.00
M-4	13,607,000.00		185,295.03		0.00	0.00		0.00		185,295.03		0.00		0.00		13,607,000.00
B-1	13,607,000.00		210,808.16		0.00	0.00		0.00		210,808.16		0.00		0.00		13,607,000.00
B-2	9,072,000.00		149,999.10		0.00	0.00		0.00		149,999.10		0.00		0.00		9,072,000.00
B-3	9,071,000.00		201,006.94		0.00	0.00		0.00		201,006.94		0.00		0.00		9,071,000.00
B-4	20,411,000.00		425,229.15		0.00	0.00		0.00		425,229.15		0.00		0.00		20,411,000.00
P	0.00		860,948.74		0.00	0.00		0.00		860,948.74		0.00		0.00		0.00
X	19,957,208.94		15,616,595.23		0.00	0.00		146.34		15,616,741.57		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	907,139,208.94		24,947,373.64		69,511,056.20	3,571,744.63		73,082,947.17		98,030,320.81		0.00		0.00		834,056,261.77


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


	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	2.47063%		264,025,676.38		561,711.18	0.00		0.00		0.00		561,711.18		561,711.18		0.00
A-2	2.54063%		222,322,615.67		486,389.58	0.00		0.00		0.00		486,389.58		486,389.58		0.00
A-3A	2.36063%		103,044,992.20		209,466.22	0.00		0.00		0.00		209,466.22		209,466.22		0.00
A-3B	2.53063%		45,371,000.00		98,870.38	0.00		0.00		0.00		98,870.38		98,870.38		0.00
A-3C	2.76063%		32,809,000.00		77,993.86	0.00		0.00		0.00		77,993.86		77,993.86		0.00
M-1	2.83063%		58,510,000.00		142,617.36	0.00		0.00		0.00		142,617.36		142,617.36		0.00
M-2	3.28063%		31,750,000.00		89,693.34	0.00		0.00		0.00		89,693.34		89,693.34		0.00
M-3	3.43063%		13,607,000.00		40,197.17	0.00		0.00		0.00		40,197.17		40,197.17		0.00
M-4	3.63063%		13,607,000.00		42,540.60	0.00		0.00		0.00		42,540.60		42,540.60		0.00
B-1	4.08063%		13,607,000.00		47,813.31	0.00		0.00		0.00		47,813.31		47,813.31		0.00
B-2	4.33063%		9,072,000.00		33,830.88	0.00		0.00		0.00		33,830.88		33,830.88		0.00
B-3	5.68063%		9,071,000.00		44,372.19	0.00		0.00		0.00		44,372.19		44,372.19		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%		0.00		0.00	0.00		0.00		0.00		0.00		368,016.30		0.00
X	163.08966%		19,957,062.60		0.00	0.00		0.00		0.00		0.00		2,712,325.42		0.00
UT-R	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			857,165,346.85		1,960,541.90	0.00		0.00		0.00		1,960,541.90		5,040,883.62		0.00



Page 3 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Collection Account Report
SUMMARY

							Group 3		Group 2		Group 1		Total
Principal Collections							11,168,916.52		5,046,036.73		6,960,119.26		23,109,085.08
Principal Withdrawals							0.00		0.00		0.00		0.00
Principal Other Accounts							0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL							11,168,916.52		5,046,036.73		6,960,119.26		23,109,085.08
Interest Collections							1,284,200.82		1,601,804.05		1,851,645.58		4,737,650.46
Interest Withdrawals							-0.00		-0.00		-0.00		-0.00
Interest Fees							-14,213.85		-16,378.83		-18,788.96		-64,783.14
Interest Other Accounts													368,016.30
TOTAL NET INTEREST							1,269,986.97		1,585,425.22		1,832,856.62		5,040,883.62
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION													28,149,968.70



PRINCIPAL - COLLECTIONS

								Group 3		Group 2		Group 1		Total
Scheduled Principal Received								183,587.65		209,537.99		305,234.66		698,360.30
Curtailments								10,715.60		10,371.40		12,406.39		33,493.39
Prepayments In Full								10,908,625.84		4,826,127.34		5,925,137.38		21,659,890.56
Repurchased/Substitutions								0.00		0.00		717,340.83		717,340.83
Liquidations								0.00		0.00		0.00		0.00
Insurance Principal								0.00		0.00		0.00		0.00
Other Additional Principal								0.00		0.00		0.00		0.00
Delinquent Principal								-165,079.41		-184,421.68		-270,475.83		-619,976.92
Realized Losses								-0.00		-0.00		-0.00		-0.00
Advanced Principal								165,079.41		184,421.68		270,475.83		619,976.92
TOTAL PRINCIPAL COLLECTED								11,168,916.52		5,046,036.73		6,960,119.26		23,109,085.08


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

INTEREST - COLLECTIONS

							Group 3		Group 2		Group 1		Total
Scheduled Interest							1,367,626.79		1,704,833.10		1,969,981.52		5,042,441.41
Repurchased/Substitution Interest							0.00		0.00		5,051.11		5,051.11
Liquidation Interest							0.00		0.00		0.00		0.00
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							-1,175,629.29		-1,483,376.75		-1,728,094.54		-4,387,100.58
Compensating Interest							0.00		0.00		0.00		0.00
Civil Relief Act Shortfalls							-0.00		-0.00		-0.00		-0.00
Interest Advanced							1,092,203.33		#######		1,604,707.49		4,077,258.51
TOTAL INTEREST COLLECTED							1,284,200.82		1,601,804.05		1,851,645.58		4,737,650.46


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

							Group 3		Group 2		Group 1		Total
Prepayment Charges													368,016.30
Interest Cap Payment													0.00
TOTAL INTEREST OTHER ACCOUNTS													368,016.30



INTEREST - FEES

							Group 3		Group 2		Group 1		Total
Current Servicing Fees							13,650.80		15,690.26		17,969.09		47,310.15
Trustee Fees							563.05		688.57		819.87		2,071.49
Certificate Insurance Policy Payment													15,401.50
TOTAL INTEREST FEES							14,213.85		16,378.83		18,788.96		64,783.14




Page 5 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Credit Enhancement Report
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

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





Page 6 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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							1,129		1,935		2,121		5,185
Prefunding							0		0		0		0
Scheduled Paid Offs							-0		-0		-0		-0
Full Voluntary Prepayments							-36		-32		-37		-105
Repurchases							-0		-0		-4		-4
Liquidations							-0		-0		-0		-0
Current							1,093		1,903		2,080		5,076
*Principal Balance:*


Original							247,658,492.23		299,537,699.57		359,943,017.14		907,139,208.94
Prior							232,984,249.34		284,926,352.13		339,254,745.38		857,165,346.85
Prefunding							0.00		0.00		0.00		0.00
Scheduled Principal							-183,587.65		-209,537.99		-305,234.66		-698,360.30
Partial Prepayments							-10,715.60		-10,371.40		-12,406.39		-33,493.39
Full Voluntary Prepayments							-10,908,625.84		-4,826,127.34		-5,925,137.38		-21,659,890.56
Repurchases							-0.00		-0.00		-717,340.83		-717,340.83
Liquidations							-0.00		-0.00		-0.00		-0.00
Current							221,881,320.25		279,880,315.40		332,294,626.12		834,056,261.77





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

CHARACTERISTICS

							Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original							7.05777%		7.16125%		7.00176%		7.06972%
Weighted Average Coupon Prior							7.04618%		7.18322%		6.99143%		7.06994%
Weighted Average Coupon Current							7.04405%		7.18010%		6.98602%		7.06630%
Weighted Average Months to Maturity Original							353		354		353		353
Weighted Average Months to Maturity Prior							350		351		350		350
Weighted Average Months to Maturity Current							349		350		349		349
Weighted Avg Remaining Amortization Term Original							353		354		353		353
Weighted Avg Remaining Amortization Term Prior							350		351		350		350
Weighted Avg Remaining Amortization Term Current							349		350		349		349
Weighted Average Seasoning Original							2.94		2.63		3.17		2.93
Weighted Average Seasoning Prior							5.93		5.61		6.17		5.92
Weighted Average Seasoning Current							6.92		6.60		7.16		6.91









Page 8 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

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							6.20451%		6.75472%		5.51625%		6.15595%
Weighted Average Margin Current							6.19923%		6.75640%		5.51580%		6.15625%
Weighted Average Max Rate Original							13.64980%		14.08662%		13.15197%		13.62632%
Weighted Average Max Rate Prior							13.61810%		14.08658%		13.14279%		13.61759%
Weighted Average Max Rate Current							13.61344%		14.08513%		13.13586%		13.61430%
Weighted Average Min Rate Original							7.26495%		7.22806%		7.15197%		7.20926%
Weighted Average Min Rate Prior							7.23659%		7.22241%		7.14279%		7.19669%
Weighted Average Min Rate Current							7.23743%		7.21924%		7.13586%		7.19315%
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							13,650.80		15,690.26		17,969.09		47,310.15
Delinquent Servicing Fees							83,425.97		103,029.05		123,387.05		309,842.07
TOTAL SERVICING FEES							97,076.77		118,719.32		141,356.15		357,152.24


Total Servicing Fees							97,076.77		118,719.32		141,356.15		357,152.24
Compensating Interest							-0.00		-0.00		-0.00		-0.00
Delinquent Servicing Fees							-83,425.97		-103,029.05		-123,387.05		-309,842.07
COLLECTED SERVICING FEES							13,650.80		15,690.26		17,969.09		47,310.17


Total Advanced Interest							1,092,203.33		1,380,347.70		1,604,707.49		4,077,258.51
Total Advanced Principal							165,079.41		184,421.68		270,475.83		619,976.92
Aggregate Advances with respect to this Distribution							1,257,282.74		1,564,769.38		1,875,183.32		3,439,952.70





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							221,881,320.25		279,880,315.40		332,294,626.12		834,056,261.77
Weighted Average Net Mortgage Rate							6.541148%		6.677200%		6.483116%		6.563404%




Page 9 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			21,529,172.13		3,577,458.40		2,043,618.35		27,150,248.88
			% Balance			2.58%		0.43%		0.25%		3.26%
			# Loans			137		26		15		178
			% # Loans			2.70%		0.51%		0.30%		3.51%
	FORECLOSURE		Balance		156,766.89	0.00		5,183,087.68		7,188,137.74		12,527,992.31
			% Balance		0.02%	0.00%		0.62%		0.86%		1.50%
			# Loans		1	0		28		36		65
			% # Loans		0.02%	0.00%		0.55%		0.71%		1.28%
	BANKRUPTCY		Balance		1,632,507.35	70,274.39		389,800.00		329,924.08		2,422,505.82
			% Balance		0.20%	0.01%		0.05%		0.04%		0.29%
			# Loans		11	1		2		2		16
			% # Loans		0.22%	0.02%		0.04%		0.04%		0.32%
	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		1,789,274.24	21,599,446.52		9,150,346.08		9,561,680.17		42,100,747.01
			% Balance		0.21%	2.59%		1.10%		1.15%		5.05%
			# Loans		12	138		56		53		259
			% # Loans		0.24%	2.72%		1.10%		1.04%		5.10%









Page 10 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution


	GROUP 1
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			8,960,082.54		1,255,204.52		1,009,812.43		11,225,099.49
			% Balance			2.70%		0.38%		0.30%		3.38%
			# Loans			57		9		7		73
			% # Loans			2.74%		0.43%		0.34%		3.51%
	FORECLOSURE		Balance		156,766.89	0.00		2,205,799.64		1,626,044.69		3,988,611.22
			% Balance		0.05%	0.00%		0.66%		0.49%		1.20%
			# Loans		1	0		15		12		28
			% # Loans		0.05%	0.00%		0.72%		0.58%		1.35%
	BANKRUPTCY		Balance		415,798.87	0.00		389,800.00		0.00		805,598.87
			% Balance		0.13%	0.00%		0.12%		0.00%		0.24%
			# Loans		3	0		2		0		5
			% # Loans		0.14%	0.00%		0.10%		0.00%		0.24%
	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		572,565.76	8,960,082.54		3,850,804.16		2,635,857.12		16,019,309.58
			% Balance		0.17%	2.70%		1.16%		0.79%		4.82%
			# Loans		4	57		26		19		106
			% # Loans		0.19%	2.74%		1.25%		0.91%		5.10%










Page 11 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

	GROUP 2
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			7,504,027.99		1,401,527.31		484,410.43		9,389,965.73
			% Balance			2.68%		0.50%		0.17%		3.35%
			# Loans			54		11		4		69
			% # Loans			2.84%		0.58%		0.21%		3.63%
	FORECLOSURE		Balance		0.00	0.00		1,120,270.54		2,001,840.85		3,122,111.39
			% Balance		0.00%	0.00%		0.40%		0.72%		1.12%
			# Loans		0	0		5		11		16
			% # Loans		0.00%	0.00%		0.26%		0.58%		0.84%
	BANKRUPTCY		Balance		1,155,747.81	70,274.39		0.00		247,091.04		1,473,113.24
			% Balance		0.41%	0.03%		0.00%		0.09%		0.53%
			# Loans		7	1		0		1		9
			% # Loans		0.37%	0.05%		0.00%		0.05%		0.47%
	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		1,155,747.81	7,574,302.38		2,521,797.85		2,733,342.32		13,985,190.36
			% Balance		0.41%	2.71%		0.90%		0.98%		5.00%
			# Loans		7	55		16		16		94
			% # Loans		0.37%	2.89%		0.84%		0.84%		4.94%










Page 12 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

	GROUP 3
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			5,065,061.60		920,726.57		549,395.49		6,535,183.66
			% Balance			2.28%		0.41%		0.25%		2.95%
			# Loans			26		6		4		36
			% # Loans			2.38%		0.55%		0.37%		3.29%
	FORECLOSURE		Balance		0.00	0.00		1,857,017.50		3,560,252.20		5,417,269.70
			% Balance		0.00%	0.00%		0.84%		1.60%		2.44%
			# Loans		0	0		8		13		21
			% # Loans		0.00%	0.00%		0.73%		1.19%		1.92%
	BANKRUPTCY		Balance		60,960.67	0.00		0.00		82,833.04		143,793.71
			% Balance		0.03%	0.00%		0.00%		0.04%		0.06%
			# Loans		1	0		0		1		2
			% # Loans		0.09%	0.00%		0.00%		0.09%		0.18%
	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		60,960.67	5,065,061.60		2,777,744.07		4,192,480.73		12,096,247.07
			% Balance		0.03%	2.28%		1.25%		1.89%		5.45%
			# Loans		1	26		14		18		59
			% # Loans		0.09%	2.38%		1.28%		1.65%		5.40%









Page 13 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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




TOTAL



Page 14 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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
56812753 1
			135,000.00		134,180.71	01-Jun-2004		7.500%		OH - 90.00%		360		01-May-2004

56920630 1			100,800.00		100,271.62	01-Jun-2004		7.550%		MI - 90.00%		360		01-Jun-2004
56935273 1			72,000.00		71,688.09	01-Jun-2004		8.500%		NC - 90.00%		360		01-Jun-2004
57092835 1			199,898.00		199,014.32	01-Aug-2004		8.400%		AZ - 95.00%		360		01-Jun-2004
57165557 1			76,500.00		76,110.76	01-Jul-2004		7.700%		WA - 90.00%		360		01-Jun-2004
57186116 1			157,500.00		156,766.89	01-Dec-2004		8.150%		NV - 90.00%		360		01-Jun-2004
57244030 1			107,100.00		106,430.69	01-Aug-2004		6.650%		WA - 85.00%		360		01-Jun-2004
57362378 1			175,750.00		174,586.06	01-Aug-2004		6.350%		IL - 95.00%		360		01-Jun-2004
57392854 1			99,000.00		98,356.58	01-Aug-2004		6.450%		IL - 90.00%		360		01-Jun-2004
57403495 1			137,250.00		136,760.98	01-Aug-2004		9.450%		TN - 90.00%		360		01-Jun-2004
57438830 1			67,500.00		67,216.40	01-Aug-2004		8.650%		IA - 90.00%		360		01-Jun-2004
57445355 1			171,000.00		170,049.08	01-Aug-2004		7.250%		IL - 95.00%		360		01-Jun-2004
57446692 1			192,850.00		191,798.44	01-Jun-2004		7.350%		CO - 95.00%		360		01-Jun-2004
57452633 1			124,200.00		123,502.52	01-Jun-2004		7.200%		GA - 90.00%		360		01-Jun-2004
57470874 1			156,750.00		155,869.71	01-Aug-2004		7.200%		CO - 95.00%		360		01-Jun-2004
57545899 1			128,250.00		127,570.28	01-Jul-2004		7.500%		UT - 95.00%		360		01-Jun-2004
57573693 1			225,000.00		223,785.12	01-Jun-2004		7.400%		NJ - 90.00%		360		01-Jun-2004
57662777 1			128,250.00		127,529.78	01-Jul-2004		7.200%		GA - 90.00%		360		01-Jun-2004
57687790 1			332,000.00		329,925.29	01-Aug-2004		6.650%		HI - 80.00%		360		01-Jun-2004
57730194 1			135,000.00		134,175.39	01-Aug-2004		6.800%		CA - 90.00%		360		01-Jun-2004
57772956 1			87,400.00		86,966.43	01-Aug-2004		7.850%		AZ - 95.00%		360		01-Jun-2004
57819815 1			133,600.00		132,933.67	01-Aug-2004		7.800%		WA - 80.00%		360		01-Jun-2004
57840191 1			190,000.00		188,718.10	01-Jun-2004		6.250%		FL - 95.00%		360		01-Jun-2004
57870818 1			122,550.00		121,813.16	01-Jul-2004		6.850%		UT - 95.00%		360		01-Jun-2004
57920910 1			163,400.00		162,592.12	01-Aug-2004		7.850%		CO - 95.00%		360		01-Jun-2004
58001215 1			132,300.00		131,549.72	01-Aug-2004		7.150%		MN - 90.00%		360		01-Jun-2004
63440762 1			140,400.00		139,076.11	01-Jun-2004		7.400%		CA - 90.00%		360		01-Jan-2004
73138422 1			119,872.00		119,373.20	01-Aug-2004		8.700%		TX - 90.00%		360		01-Jun-2004
403824 2			145,800.00		144,671.99	01-May-2004		6.875%		CO - 90.00%		360		01-Apr-2004
409250 2			136,000.00		135,357.84	01-Jul-2004		8.750%		IL - 85.00%		360		01-May-2004
411587 2			100,800.00		100,165.89	01-Jun-2004		7.625%		KY - 80.00%		360		01-May-2004
411686 2			212,500.00		211,210.42	01-Jul-2004		7.500%		VA - 85.00%		360		01-May-2004
413625 2			79,200.00		78,853.68	01-Jul-2004		9.125%		IL - 90.00%		360		01-May-2004
414151 2			172,000.00		0.00	01-Dec-2004		8.250%		LA - 80.00%		360		01-May-2004
418962 2			76,000.00		75,527.31	01-Aug-2004		7.375%		TN - 80.00%		360		01-May-2004
421180 2			136,000.00		135,067.44	01-Aug-2004		6.875%		CO - 80.00%		360		01-May-2004
424671 2			207,000.00		206,080.28	01-Aug-2004		8.375%		FL - 100.00%		360		01-Jun-2004
428821 2			111,000.00		110,440.85	01-Jul-2004		7.750%		GA - 100.00%		360		01-Jun-2004
430231 2			118,800.00		118,216.33	01-Jul-2004		7.875%		IL - 90.00%		360		01-Jun-2004
441451 2			144,000.00		0.00	01-Dec-2004		7.375%		FL - 80.00%		360		01-Jul-2004
443283 2			296,000.00		294,078.97	01-Jun-2004		5.625%		FL - 80.00%		360		01-Jul-2004
57335119 2			384,750.00		382,391.61	01-Aug-2004		6.750%		IL - 95.00%		360		01-Jun-2004
57487498 2			349,600.00		347,558.59	01-Jun-2004		7.000%		NY - 95.00%		360		01-Jun-2004
57712937 2			258,400.00		257,286.29	01-Jul-2004		8.525%		LA - 95.00%		360		01-Jun-2004
57907297 2			323,000.00		321,203.90	01-Aug-2004		7.250%		NY - 95.00%		360		01-Jun-2004
5243402598 2			204,000.00		204,000.00	01-Jul-2004		7.500%		CA - 80.00%		360		01-Aug-2004
407890 3			72,900.00		72,605.10	01-Jul-2004		9.500%		NC - 81.00%		360		01-May-2004
409326 3			475,000.00		472,517.72	01-Jun-2004		8.250%		IL - 75.00%		360		01-May-2004
411645 3			67,500.00		67,266.20	01-Aug-2004		9.875%		NC - 90.00%		360		01-May-2004
411777 3			46,750.00		46,584.05	01-Jul-2004		10.125%		IN - 85.00%		360		01-May-2004



Page 15 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

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
411785 3
			52,000.00		51,795.05	01-Aug-2004		9.625%		IN - 80.00%		360		01-May-2004

415539 3			309,600.00		309,600.00	01-Jul-2004		7.875%		CA - 80.00%		360		01-May-2004
424481 3			130,050.00		0.00	01-Dec-2004		9.875%		FL - 90.00%		360		01-Jun-2004
428763 3			75,200.00		75,028.18	01-Jul-2004		12.875%		FL - 20.00%		180		01-Jun-2004
430975 3			500,000.00		500,000.00	01-Jul-2004		6.125%		CA - 78.00%		360		01-Jun-2004
434761 3			302,000.00		0.00	01-Dec-2004		8.125%		FL - 100.00%		360		01-Jun-2004
441311 3			380,000.00		377,910.72	01-Jul-2004		6.500%		FL - 80.00%		360		01-Jul-2004
447078 3			270,400.00		269,448.38	01-Aug-2004		8.750%		IL - 80.00%		360		01-Jul-2004
56870579 3			400,000.00		397,924.12	01-Aug-2004		7.600%		NY - 73.00%		360		01-Jun-2004
56871114 3			76,500.00		76,053.72	01-Jul-2004		7.700%		OH - 90.00%		360		01-May-2004
57038655 3			71,100.00		70,633.27	01-Jun-2004		7.100%		OH - 90.00%		360		01-May-2004
57338550 3			427,500.00		425,237.01	01-Jul-2004		7.500%		NY - 95.00%		360		01-Jun-2004
57541971 3			337,250.00		335,280.66	01-Jun-2004		7.000%		CT - 95.00%		360		01-Jun-2004
57576415 3			97,750.00		97,271.66	01-Aug-2004		8.700%		AZ - 85.00%		360		01-Jun-2004
57735334 3			76,500.00		76,064.79	01-Aug-2004		7.150%		AL - 90.00%		360		01-Jun-2004
58132010 3			400,000.00		397,775.71	01-Jun-2004		7.250%		NY - 94.00%		360		01-Jun-2004
71905343 3			403,750.00		401,026.06	01-Jul-2004		6.250%		CA - 95.00%		360		01-Jun-2004
75224329 3			497,250.00		494,565.35	01-Aug-2004		7.400%		CA - 85.00%		360		01-Jun-2004
75394965 3			405,000.00		402,681.95	01-Aug-2004		7.500%		CA - 90.00%		360		01-Jun-2004


TOTAL			13,339,970.00		12,527,992.31



Page 16 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


								Group 3		Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans							36		32		37		105
Number of Repurchased Loans							0		0		4		4
Total Number of Loans Prepaid in Full							36		32		41		109
Curtailments Amount							10,715.60		10,371.40		12,406.39		33,493.39
Paid in Full Balance							10,908,625.84		4,826,127.34		5,925,137.38		21,659,890.56
Repurchased Loans Balance							0.00		0.00		717,340.83		717,340.83
Total Prepayment Amount							10,919,341.44		4,836,498.74		6,654,884.60		22,410,724.78

*Cumulative*


Number of Paid in Full Loans							96		114		146		356
Number of Repurchased Loans							0		0		4		4
Total Number of Loans Prepaid in Full							96		114		150		360
Paid in Full Balance							24,367,541.55		18,402,246.71		25,294,653.11		68,064,441.37
Repurchased Loans Balance							0.00		0.00		717,340.83		717,340.83
Curtailments Amount							53,264.24		193,182.06		84,774.04		331,220.34
Total Prepayment Amount							24,420,805.79		18,595,428.77		26,096,767.98		69,113,002.54










Page 17 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES


								Group 3		Group 2		Group 1		Total



SMM							4.69%		1.70%		1.96%		2.62%
3 Months Avg SMM							2.83%		1.58%		1.52%		1.90%
12 Months Avg SMM							2.10%		1.28%		1.50%		1.59%
Avg SMM Since Cut-off							2.10%		1.28%		1.50%		1.59%


CPR							43.81%		18.58%		21.18%		27.25%
3 Months Avg CPR							29.15%		17.36%		16.84%		20.53%
12 Months Avg CPR							22.45%		14.29%		16.57%		17.46%
Avg CPR Since Cut-off							22.45%		14.29%		16.57%		17.46%


PSA							3,164.80%		1,407.82%		1,478.79%		1,972.34%
3 Months Avg PSA Approximation							2,458.44%		1,546.89%		1,365.46%		1,734.41%
12 Months Avg PSA Approximation							2,276.17%		1,547.06%		1,602.70%		1,773.85%
Avg PSA Since Cut-off Approximation							2,276.17%		1,547.06%		1,602.70%		1,773.86%










Page 18 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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))

	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 19 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

382085 2			252,000.00		250,089.87		10-Nov-2004		7.000%		CA - 80.00%		Paid Off - 360		3/1/2004

402487 2			137,750.00		136,782.33		30-Nov-2004		6.750%		UT - 95.00%		Paid Off - 360		4/1/2004
407528 2			220,500.00		219,233.24		18-Nov-2004		7.625%		VA - 90.00%		Paid Off - 360		5/1/2004
407940 3			184,500.00		183,898.59		30-Nov-2004		9.875%		CT - 90.00%		Paid Off - 360		5/1/2004
409912 3			412,000.00		412,000.00		30-Nov-2004		7.125%		CA - 80.00%		Paid Off - 360		5/1/2004
411314 2			244,000.00		242,353.84		30-Nov-2004		6.250%		FL - 80.00%		Paid Off - 360		5/1/2004
411934 2			157,200.00		156,519.06		30-Nov-2004		8.500%		NC - 80.00%		Paid Off - 360		5/1/2004
412189 2			166,500.00		165,848.85		30-Nov-2004		9.000%		RI - 74.00%		Paid Off - 360		5/1/2004
412569 2			127,500.00		126,975.15		30-Nov-2004		8.750%		IL - 85.00%		Paid Off - 360		5/1/2004
414151 2		FCL	172,000.00		171,216.23		30-Nov-2004		8.250%		LA - 80.00%		Paid Off - 360		5/1/2004
414201 2			110,000.00		109,324.42		12-Nov-2004		6.740%		FL - 69.00%		Paid Off - 360		5/1/2004
414631 2			212,000.00		210,762.10		01-Nov-2004		7.000%		RI - 80.00%		Paid Off - 360		5/1/2004
416180 2			244,000.00		242,504.38		05-Nov-2004		6.750%		CA - 80.00%		Paid Off - 360		5/1/2004
416446 2			72,500.00		72,125.61		30-Nov-2004		7.625%		ID - 65.00%		Paid Off - 360		5/1/2004
417113 2			175,000.00		173,847.19		18-Nov-2004		6.375%		VA - 47.00%		Paid Off - 360		5/1/2004
418632 2			200,000.00		198,941.30		30-Nov-2004		7.500%		RI - 80.00%		Paid Off - 360		5/1/2004
418699 2			103,900.00		103,438.32		24-Nov-2004		8.375%		MI - 80.00%		Paid Off - 360		5/1/2004
418723 2			66,300.00		65,982.26		30-Nov-2004		8.000%		FL - 85.00%		Paid Off - 360		5/1/2004
421156 2			191,250.00		190,482.63		30-Nov-2004		8.875%		CO - 85.00%		Paid Off - 360		5/1/2004
421412 2			140,000.00		139,345.74		17-Nov-2004		8.125%		IL - 67.00%		Paid Off - 360		5/1/2004
423004 3			115,400.00		115,070.36		17-Nov-2004		9.750%		FL - 85.00%		Paid Off - 360		6/1/2004
424481 3		FCL	130,050.00		129,688.10		30-Nov-2004		9.875%		FL - 90.00%		Paid Off - 360		6/1/2004
425850 2			124,000.00		123,529.42		03-Nov-2004		8.375%		VA - 80.00%		Paid Off - 360		6/1/2004
428433 2			19,000.00		18,942.70			9.490%		CT - 20.00%		Paid Off - 180		6/1/2004
428862 2			93,000.00		92,697.34		30-Nov-2004		9.125%		WI - 55.00%		Paid Off - 360		6/1/2004
429225 3			140,400.00		140,009.34		18-Nov-2004		9.875%		RI - 90.00%		Paid Off - 360		6/1/2004
429514 2			118,000.00		117,436.71		29-Nov-2004		7.375%		MI - 87.00%		Paid Off - 360		6/1/2004
430751 3			356,000.00		355,177.64		18-Nov-2004		10.750%		CA - 80.00%		Paid Off - 360		6/1/2004
433532 2			118,800.00		118,360.46		17-Nov-2004		8.500%		IL - 90.00%		Paid Off - 360		6/1/2004
434761 3		FCL	302,000.00		300,794.46		30-Nov-2004		8.125%		FL - 100.00%		Paid Off - 360		6/1/2004
440669 2			157,150.00		156,437.99		10-Nov-2004		7.500%		CA - 85.00%		Paid Off - 360		6/1/2004
441451 2		FCL	144,000.00		143,445.38		30-Nov-2004		7.375%		FL - 80.00%		Paid Off - 360		7/1/2004
442749 2			96,000.00		95,561.32		05-Nov-2004		6.500%		MI - 80.00%		Paid Off - 360		7/1/2004
53578274 1			118,800.00		117,581.46		30-Nov-2004		6.950%		MI - 90.00%		Paid Off - 360		12/1/2003
54518113 1			199,800.00		197,338.41		03-Nov-2004		5.500%		MN - 90.00%		Paid Off - 360		1/1/2004
54534730 1			88,000.00		87,320.10		04-Nov-2004		7.450%		GA - 89.00%		Paid Off - 360		2/1/2004
54640438 3			358,000.00		354,072.80		04-Nov-2004		5.600%		CA - 88.00%		Paid Off - 360		2/1/2004




Page 20 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 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

54772116 1			108,750.00		107,778.01		22-Nov-2004		8.250%		CO - 66.00%		Paid Off - 360		2/1/2004

54907019 1			186,300.00		185,144.45		23-Nov-2004		8.000%		MN - 90.00%		Paid Off - 360		3/1/2004
54926332 1			125,000.00		123,750.47		18-Nov-2004		6.300%		FL - 87.00%		Paid Off - 360		2/1/2004
55342075 3			334,171.00		331,836.83		11-Nov-2004		7.400%		IL - 95.00%		Paid Off - 360		3/1/2004
55762470 3			342,000.00		340,259.99		24-Nov-2004		7.700%		OH - 95.00%		Paid Off - 360		5/1/2004
56447253 1			207,000.00		205,532.92		26-Nov-2004		5.990%		CA - 87.00%		Paid Off - 360		5/1/2004
56599616 1			136,800.00		136,016.63		16-Nov-2004		7.100%		CA - 95.00%		Paid Off - 360		5/1/2004
56616279 1			142,200.00		141,353.35		26-Nov-2004		6.900%		AZ - 90.00%		Paid Off - 360		5/1/2004
56727233 1			251,750.00		250,750.07		03-Nov-2004		8.150%		MD - 95.00%		Paid Off - 360		6/1/2004
56858616 1			234,650.00		233,588.65		04-Nov-2004		7.500%		IL - 95.00%		Paid Off - 360		6/1/2004
56859994 1			118,800.00		118,189.50		30-Nov-2004		7.650%		AZ - 90.00%		Paid Off - 360		5/1/2004
56898539 1			228,000.00		226,988.95		18-Nov-2004		7.600%		CA - 95.00%		Paid Off - 360		6/1/2004
56974355 1			125,400.00		124,865.67		10-Nov-2004		7.800%		IL - 95.00%		Paid Off - 360		6/1/2004
57036857 3			97,000.00		96,376.08		01-Nov-2004		6.500%		DE - 57.00%		Paid Off - 360		5/1/2004
57049694 1			67,500.00		67,209.49		12-Nov-2004		7.750%		FL - 90.00%		Paid Off - 360		6/1/2004
57160137 3			387,000.00		385,415.79		15-Nov-2004		8.000%		MD - 90.00%		Paid Off - 360		6/1/2004
57192759 1			77,600.00		77,201.22		01-Nov-2004		6.850%		MD - 79.00%		Paid Off - 360		6/1/2004
57242331 3			472,500.00		469,902.11		17-Nov-2004		6.500%		IL - 90.00%		Paid Off - 360		6/1/2004
57250615 3			85,800.00		85,319.09		08-Nov-2004		6.400%		FL - 65.00%		Paid Off - 360		6/1/2004
57263634 1			172,900.00		171,870.57		10-Nov-2004		6.900%		IL - 95.00%		Paid Off - 360		5/1/2004
57281313 3			438,900.00		436,633.95		29-Nov-2004		7.700%		FL - 95.00%		Paid Off - 360		5/1/2004
57298374 3			418,000.00		415,893.46		01-Nov-2004		6.950%		CA - 95.00%		Paid Off - 360		6/1/2004
57412058 1			165,000.00		164,002.03		01-Nov-2004		6.000%		NY - 67.00%		Paid Off - 360		6/1/2004
57416810 3			500,000.00		496,800.15		10-Nov-2004		5.700%		FL - 79.00%		Paid Off - 360		6/1/2004
57440950 3			369,000.00		366,931.88		05-Nov-2004		6.400%		CA - 90.00%		Paid Off - 360		6/1/2004
57479313 3			415,800.00		413,765.14		23-Nov-2004		7.100%		CA - 90.00%		Paid Off - 360		6/1/2004
57504730 1			125,875.00		125,207.38		17-Nov-2004		6.700%		FL - 95.00%		Paid Off - 360		6/1/2004
57555690 3			112,000.00		111,616.24		26-Nov-2004		8.950%		WI - 90.00%		Paid Off - 360		6/1/2004
57580979 1			164,200.00		163,464.63		19-Nov-2004		7.550%		IN - 95.00%		Paid Off - 360		6/1/2004
57587016 3			472,500.00		469,585.82		03-Nov-2004		5.950%		CA - 89.00%		Paid Off - 360		6/1/2004
57619835 1			84,550.00		84,152.11		09-Nov-2004		7.300%		MI - 95.00%		Paid Off - 360		6/1/2004
57653719 3			499,700.00		496,947.31		09-Nov-2004		6.490%		CA - 95.00%		Paid Off - 360		6/1/2004
57685273 1			218,500.00		217,565.20		08-Nov-2004		7.780%		RI - 95.00%		Paid Off - 360		6/1/2004
57693814 1			271,225.00		269,660.66		22-Nov-2004		6.250%		CA - 90.00%		Paid Off - 360		6/1/2004
57711715 3			313,500.00		311,776.32		22-Nov-2004		6.500%		CA - 95.00%		Paid Off - 360		6/1/2004
57721458 1			61,500.00		61,204.85		10-Nov-2004		7.200%		WI - 75.00%		Paid Off - 360		6/1/2004
57756991 1			102,600.00		102,121.93		19-Nov-2004		7.350%		FL - 95.00%		Paid Off - 360		6/1/2004
57759631 1			166,250.00		165,335.59		08-Nov-2004		6.500%		CA - 95.00%		Paid Off - 360		6/1/2004




Page 21 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 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

57802993 1			136,800.00		136,030.81		09-Nov-2004		7.200%		CA - 90.00%		Paid Off - 360		6/1/2004

57851495 3			63,750.00		63,515.98		26-Nov-2004		8.550%		LA - 73.00%		Paid Off - 360		6/1/2004
57853855 3			399,000.00		397,008.45		16-Nov-2004		7.125%		CA - 95.00%		Paid Off - 360		6/1/2004
57871675 1			175,000.00		173,880.01		18-Nov-2004		5.700%		CA - 80.00%		Paid Off - 360		6/1/2004
57941379 1			208,000.00		206,819.08		16-Nov-2004		6.375%		CA - 80.00%		Paid Off - 360		6/1/2004
58011453 1			87,875.00		87,377.36		30-Nov-2004		7.100%		AZ - 95.00%		Paid Off - 360		6/1/2004
58048596 3			361,000.00		359,492.26		12-Nov-2004		7.900%		CA - 95.00%		Paid Off - 360		6/1/2004
58072257 1			247,500.00		246,481.70		24-Nov-2004		7.975%		CT - 90.00%		Paid Off - 360		6/1/2004
58142415 1			211,500.00		210,442.43		09-Nov-2004		6.990%		MN - 90.00%		Paid Off - 360		6/1/2004
71416382 1			165,750.00		164,922.83		19-Nov-2004		7.000%		CA - 75.00%		Paid Off - 360		6/1/2004
74330028 3			427,500.00		425,122.78		02-Nov-2004		7.250%		CA - 90.00%		Paid Off - 360		5/1/2004
75368662 3			256,000.00		255,081.39		02-Nov-2004		8.650%		CA - 80.00%		Paid Off - 360		6/1/2004
75790741 1			72,000.00		71,754.53		12-Nov-2004		8.900%		CA - 90.00%		Paid Off - 360		6/1/2004
76051705 3			400,000.00		398,190.78		23-Nov-2004		7.500%		CA - 89.00%		Paid Off - 360		6/1/2004
76272780 1			234,000.00		232,774.06		24-Nov-2004		6.750%		CA - 90.00%		Paid Off - 360		6/1/2004
76688100 3			187,200.00		186,283.52		24-Nov-2004		7.100%		NV - 90.00%		Paid Off - 360		6/1/2004
76752641 1			148,000.00		147,242.07		09-Nov-2004		7.300%		CA - 79.00%		Paid Off - 360		6/1/2004
77071082 1			324,000.00		322,218.20		04-Nov-2004		6.500%		CA - 90.00%		Paid Off - 360		6/1/2004
78130242 3			400,000.00		398,222.74		24-Nov-2004		7.590%		CA - 80.00%		Paid Off - 360		6/1/2004
3029401956 2			224,900.00		223,941.58		05-Nov-2004		6.875%		CT - 90.00%		Paid Off - 360		7/1/2004
3029402802 2			148,500.00		148,117.31		30-Nov-2004		8.250%		MD - 90.00%		Paid Off - 360		8/1/2004
3061400318 3			321,300.00		320,330.25		10-Nov-2004		7.500%		CA - 70.00%		Paid Off - 360		8/1/2004
3076401087 2			228,000.00		227,380.69		22-Nov-2004		7.990%		IL - 95.00%		Paid Off - 360		8/1/2004
3076401126 2			204,000.00		203,440.64		16-Nov-2004		8.000%		IL - 80.00%		Paid Off - 360		8/1/2004
3076401239 3			153,000.00		152,703.29		16-Nov-2004		9.625%		IL - 90.00%		Paid Off - 360		8/1/2004
5240403275 2			131,500.00		131,209.43		12-Nov-2004		9.000%		WA - 85.00%		Paid Off - 360		8/1/2004
5240403405 3			376,000.00		376,000.00		03-Nov-2004		8.125%		CA - 80.00%		Paid Off - 360		8/1/2004
5240403406 3			94,000.00		93,887.74		03-Nov-2004		11.875%		CA - 20.00%		Paid Off - 360		8/1/2004
5257400627 3			263,500.00		263,015.21		24-Nov-2004		9.875%		CO - 85.00%		Paid Off - 360		8/1/2004
5277401406 2			50,000.00		49,853.85		08-Nov-2004		7.625%		IL - 68.00%		Paid Off - 360		8/1/2004
56105596 1			145,350.00		144,766.83		30-Nov-2004		8.100%		NC - 95.00%		Repur/Subs - 360		6/1/2004
56743735 1			229,410.00		228,747.70		30-Nov-2004		9.700%		NJ - 90.00%		Repur/Subs - 360		6/1/2004
57826273 1			225,000.00		224,041.27		30-Nov-2004		7.800%		FL - 90.00%		Repur/Subs - 360		6/1/2004
58097270 1			120,308.00		119,785.03		30-Nov-2004		7.700%		TX - 90.00%		Repur/Subs - 360		6/1/2004


TOTAL			22,487,164.00		22,377,231.39



Page 22 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



								Group 3		Group 2		Group 1		Total


*Current*




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

*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 23 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution


DEFAULT SPEEDS



								Group 3		Group 2		Group 1		Total



MDR							0.00%		0.00%		0.00%		0.00%
3 Months Avg MDR							0.00%		0.00%		0.00%		0.00%
12 Months Avg MDR							0.03%		0.00%		0.00%		0.01%
Avg MDR Since Cut-off							0.03%		0.00%		0.00%		0.01%


CDR							0.00%		0.00%		0.00%		0.00%
3 Months Avg CDR							0.00%		0.00%		0.00%		0.00%
12 Months Avg CDR							0.39%		0.00%		0.00%		0.11%
Avg CDR Since Cut-off							0.39%		0.00%		0.00%		0.11%


SDA							0.00%		0.00%		0.00%		0.00%
3 Months Avg SDA Approximation							0.00%		0.00%		0.00%		0.00%
12 Months Avg SDA Approximation							3.96%		0.00%		0.00%		1.09%
Avg SDA Since Cut-off Approximation							3.96%		0.00%		0.00%		1.09%


Loss Severity Approximation for Current Period							0.00%		0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation							0.00%		0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation							0.01%		0.00%		0.00%		0.01%
Avg Loss Severity Approximation Since Cut-off							0.01%		0.00%		0.00%		0.01%












Page 24 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 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 25 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Current		State &			Prior		Realized				Cumulative

&		Loan	Note		LTV at	Original		Principal		Loss/(Gain)		Realized		Realized

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





TOTAL



Page 26 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

							Group 3		Group 2		Group 1		Total
Optional Termination in Effect (0=No,1=Yes)													0

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

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

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

(i) The quotient of ( (1)/(2) > (3) )
(1) 60+ Day Rolling Delinquency Balance													15,399,604.35
(2) Stated Principal Balance													834,056,261.77
60+ Day Delinquency % ( (1)/(2) )													1.85%
(3) 38% of Senior Enhancement %													8.64%

(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) )													0.000000%
(6) Applicable Loss %													0.00%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

							Group 3		Group 2		Group 1		Total
Net Monthly Excess Cashflow													2,712,325.41
Net Monthly Excess Cashflow Alloc to Losses													0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int													0.00

Current LIBOR Rate													2.180630%
Next LIBOR Rate													2.416880%




Page 27 of 28
GSAMP Trust 2004-HE2

Mortgage Pass-Through Certificates

2004-HE2

December 27, 2004 Distribution
Other Related Information
ADDITIONAL INFORMATION

							Group 3		Group 2		Group 1		Total
Current Scheduled Payments													5,740,801.71
Current Scheduled Payments 1 Month Prior													5,857,962.44
Current Scheduled Payments 2 Month Prior													5,936,266.77
Current Scheduled Payments 3 Month Prior													5,978,788.98
Current Scheduled Payments 4 Month Prior													6,065,802.67
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													144,398.46
Delinq. 60+ Sched. Pmnts, 1 Month Prior													118,329.34
Delinq. 60+ Sched. Pmnts, 2 Month Prior													63,173.27
Delinq. 60+ Sched. Pmnts, 3 Month Prior													29,782.61
Delinq. 60+ Sched. Pmnts, 4 Month Prior													8,627.50
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 28 of 28

GS MORTGAGE SECURITIES CORP. GSAMP TRUST 2004-HE2 8-K