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): ~~May~~June 2527, 2005 (Date of earliest event reported) GS Mortgage Securities Corporation (as Depositor under the Pooling and Servicing Agreement, dated as January 1, 2005, providing for the issuance of GSAMP Trust 2005-HE1 Mortgage Pass-Through Certificates Series 2005-HE1) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-120274-04 13-3387389 (Commission File Number) (I.R.S. Employer Identification No.) 85 Broad Street New York, New York 10004 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (212) 902-1000 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 9.01 Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~May~~June 2527, 2005. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, in its capacity as Trustee under the Pooling and Servicing Agreement on behalf of GS Mortgage Securities Corporation, Registrant Date: Jun 0230, 2005 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~May~~June 2527, 2005.

GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 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					13
										7. Foreclosure Report					14
										8. Prepayment Report					1516
										9. Prepayment Detail Report					1819
										10. Realized Loss Report					2223
										11. Realized Loss Detail Report					2526
				Servicer(s)
										12. Triggers and Adj. Cert. Report					2627
				Chase Manhattan Mortgage
										13. Other Related Information					2728
				Countrywide Funding Corporation
				Ocwen Federal
				Underwriter(s)
				Goldman Sachs & Co.
										Total Number of Pages					2728
				Dates						Contacts
				Cut-Off Date:			January 01, 2005			Hang Luu
				Close Date:			January 27, 2005			Administrator
				First Distribution Date:			February 25, 2005			(714) 247-6000
										hang-thai.luu@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~May~~June 2527, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~April~~May 2931, 2005
										Main Phone Number:			(714) 247-6000
							May 24, 2005
							June 24, 2005
										https://www.tss.db.com/invr
Page 1 of 27
Page 1 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					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-1A	FLT	$	248,741,000.00		~~228~~220,~~585~~284,~~663~~217.2919		~~622~~674,~~719~~349.0929		87,~~301~~404,~~446~~576.1097		8,~~924~~078,~~165~~926.1926		0.00		0.00		~~220~~212,~~284~~879,~~217~~640.1922
A-1B	FLT	$	62,185,000.00		5755,~~146~~070,~~186~~832.0789		~~160~~173,~~439~~634.9815		21,~~075~~851,~~353~~136.1880		2,~~235~~024,~~793~~770.1695		0.00		0.00		5553,~~070~~219,~~832~~696.8909
A-2A	FLT	$	91,591,000.00		7872,~~576~~699,~~226~~106.1871		~~206~~215,~~858~~221.6599		56,~~877~~773,~~119~~434.4797		6,~~083~~988,~~978~~656.1296		0.00		0.00		7265,~~699~~925,~~106~~671.7174
A-2B	FLT	$	49,331,000.00		49,331,000.00		~~134~~151,~~799~~467.7961		0.00		~~134~~151,~~799~~467.7961		0.00		0.00		49,331,000.00
A-2C	FLT	$	25,890,000.00		25,890,000.00		7382,~~334~~341.1708		0.00		7382,~~334~~341.1708		0.00		0.00		25,890,000.00
A-2D	FLT	$	147,210,000.00		~~135~~130,~~724~~538,~~586~~084.1725		~~372~~402,005.9310		5,~~186~~977,~~501~~491.9280		56,~~558~~379,~~507~~496.8590		0.00		0.00		~~130~~124,~~538~~560,~~084~~592.2545
M-1	MEZ	$	54,086,000.00		54,086,000.00		~~158~~177,~~607~~964.2291		0.00		~~158~~177,~~607~~964.2291		0.00		0.00		54,086,000.00
M-2	MEZ	$	44,216,000.00		44,216,000.00		~~143~~160,~~661~~888.2050		0.00		~~143~~160,~~661~~888.2050		0.00		0.00		44,216,000.00
M-3	MEZ	$	11,844,000.00		11,844,000.00		4044,~~159~~942.5014		0.00		4044,~~159~~942.5014		0.00		0.00		11,844,000.00
B-1	SUB	$	12,238,000.00		12,238,000.00		4752,~~102~~606.9237		0.00		4752,~~102~~606.9237		0.00		0.00		12,238,000.00
B-2	SUB	$	9,475,000.00		9,475,000.00		3741,~~257~~597.7574		0.00		3741,~~257~~597.7574		0.00		0.00		9,475,000.00
B-3	SUB	$	7,896,000.00		7,896,000.00		3741,~~626~~902.9158		0.00		3741,~~626~~902.9158		0.00		0.00		7,896,000.00
B-4	SUB	$	9,475,000.00		9,475,000.00		47,~~361~~368.5585		0.00		47,~~361~~368.5585		0.00		0.00		9,475,000.00
X	EXE	$	15,396,748.31		15,396,707.59		1,~~935~~882,~~975~~945.5869		0.00		1,~~935~~882,~~975~~945.5869		0.00		0.00		15,396,707.59
P	SUB	$	0.00		0.00		~~488~~503,~~118~~470.3162		0.00		~~488~~503,~~118~~470.3162		0.00		0.00		0.00
UT-R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			789,574,748.31		~~739~~718,~~880~~439,~~369~~948.3063		4,~~506~~652,~~028~~706.5562		2122,~~440~~006,~~420~~640.6754		2526,~~946~~659,~~449~~347.2216		0.00		0.00		~~718~~696,~~439~~433,~~948~~308.6309
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-1A	0405/25/05		0506/2426/05		A-Act/360		36242DRT2		248,741,000.00		~~918~~885.~~970589~~596734		2.~~503484~~711050		3329.~~373855~~768221		3532.~~877339~~479271	~~885~~855.~~596734~~828513
A-1B	0405/25/05		0506/2426/05		A-Act/360		36242DRU9		62,185,000.00		~~918~~885.~~970589~~596734		2.~~580043~~792219		3329.~~373855~~768221		3532.~~953898~~560440	~~885~~855.~~596734~~828513
A-2A	0405/25/05		0506/2426/05		A-Act/360		36242DRV7		91,591,000.00		~~857~~793.~~903355~~736357		2.~~258504~~349816		6473.~~166998~~953063		6676.~~425502~~302879	~~793~~719.~~736357~~783295
A-2B	0405/25/05		0506/2426/05		A-Act/360		36242DSH7		49,331,000.00		1,000.000000		23.~~732557~~070435		0.000000		23.~~732557~~070435	1,000.000000
A-2C	0405/25/05		0506/2426/05		A-Act/360		36242DSJ3		25,890,000.00		1,000.000000		23.~~832529~~180420		0.000000		23.~~832529~~180420	1,000.000000
A-2D	0405/25/05		0506/2426/05		A-Act/360		36242DSK0		147,210,000.00		~~921~~886.~~979391~~747397		2.~~527043~~730827		3540.~~231995~~605202		3743.~~759037~~336029	~~886~~846.~~747397~~142194
M-1	0405/25/05		0506/2426/05		A-Act/360		36242DRW5		54,086,000.00		1,000.000000		23.~~932500~~290406		0.000000		23.~~932500~~290406	1,000.000000
M-2	0405/25/05		0506/2426/05		A-Act/360		36242DRX3		44,216,000.00		1,000.000000		3.~~249077~~638694		0.000000		3.~~249077~~638694	1,000.000000
M-3	0405/25/05		0506/2426/05		A-Act/360		36242DRY1		11,844,000.00		1,000.000000		3.~~390704~~794507		0.000000		3.~~390704~~794507	1,000.000000
B-1	0405/25/05		0506/2426/05		A-Act/360		36242DRZ8		12,238,000.00		1,000.000000		34.~~848907~~298608		0.000000		34.~~848907~~298608	1,000.000000
B-2	0405/25/05		0506/2426/05		A-Act/360		36242DSA2		9,475,000.00		1,000.000000		34.~~932216~~390263		0.000000		34.~~932216~~390263	1,000.000000
B-3	0405/25/05		0506/2426/05		A-Act/360		36242DSB0		7,896,000.00		1,000.000000		45.~~765313~~306811		0.000000		45.~~765313~~306811	1,000.000000
B-4	0405/25/05		0506/24/05		A-30/360		36242DSC8		9,475,000.00		1,000.000000		4.~~998580~~999351		0.000000		4.~~998580~~999351	1,000.000000
X	0405/25/05		0506/24/05		A-30/360		36242DSD6		15,396,748.31		999.997355		~~125~~122.~~739250~~295023		0.000000		~~125~~122.~~739250~~295023	999.997355
P	0405/25/05		0506/24/05		A-30/360		36242DSE4		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
UT-R	0405/25/05		0506/24/05		A-30/360		36242DSF1		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
Page 2 of 27
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GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Distribution to Date - REMIC II
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	248,741,000.00		23,~~363~~038,~~730~~079.6493		2734,~~678~~897,~~975~~882.8626		~~777~~963,~~806~~477.9552		2835,~~456~~861,~~782~~359.8178		3038,~~820~~899,~~513~~439.4571		0.00		0.00		~~220~~212,~~284~~879,~~217~~640.1922
A-1B	62,185,000.00		~~610~~784,~~521~~155.0520		68,~~919~~724,~~716~~435.1550		~~194~~240,~~450~~868.9541		78,~~114~~965,~~167~~303.1191		79,~~724~~749,~~688~~459.1611		0.00		0.00		5553,~~070~~219,~~832~~696.8909
A-2A	91,591,000.00		~~814~~1,~~311~~029,533.5251		1825,~~375~~027,~~025~~841.9248		~~516~~637,~~867~~486.3778		1825,~~891~~665,~~893~~328.2926		1926,~~706~~694,~~204~~861.8177		0.00		0.00		7265,~~699~~925,~~106~~671.7174
A-2B	49,331,000.00		~~490~~641,~~229~~697.6526		0.00		0.00		0.00		~~490~~641,~~229~~697.6526		0.00		0.00		49,331,000.00
A-2C	25,890,000.00		~~267~~349,~~466~~807.0210		0.00		0.00		0.00		~~267~~349,~~466~~807.0210		0.00		0.00		25,890,000.00
A-2D	147,210,000.00		1,~~412~~814,~~663~~668.4959		1622,~~215~~086,~~785~~831.2354		~~456~~562,~~130~~576.5201		1622,~~671~~649,~~915~~407.7555		1824,~~084~~464,~~579~~076.2414		0.00		0.00		~~130~~124,~~538~~560,~~084~~592.2545
M-1	54,086,000.00		~~580~~757,~~027~~992.3122		0.00		0.00		0.00		~~580~~757,~~027~~992.3122		0.00		0.00		54,086,000.00
M-2	44,216,000.00		~~529~~690,~~249~~137.2878		0.00		0.00		0.00		~~529~~690,~~249~~137.2878		0.00		0.00		44,216,000.00
M-3	11,844,000.00		~~148~~193,~~367~~309.6074		0.00		0.00		0.00		~~148~~193,~~367~~309.6074		0.00		0.00		11,844,000.00
B-1	12,238,000.00		~~175~~227,~~363~~970.9633		0.00		0.00		0.00		~~175~~227,~~363~~970.9633		0.00		0.00		12,238,000.00
B-2	9,475,000.00		~~138~~180,~~877~~474.1387		0.00		0.00		0.00		~~138~~180,~~877~~474.1387		0.00		0.00		9,475,000.00
B-3	7,896,000.00		~~141~~183,~~612~~515.8442		0.00		0.00		0.00		~~141~~183,~~612~~515.8442		0.00		0.00		7,896,000.00
B-4	9,475,000.00		~~189~~236,~~486~~855.5540		0.00		0.00		0.00		~~189~~236,~~486~~855.5540		0.00		0.00		9,475,000.00
X	15,396,748.31		911,~~599~~482,~~917~~863.6130		0.00		0.00		40.72		911,~~599~~482,~~958~~904.3302		0.00		0.00		15,396,707.59
P	0.00		1,~~450~~954,~~898~~368.2688		0.00		0.00		0.00		1,~~450~~954,~~898~~368.2688		0.00		0.00		0.00
UT-R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total	789,574,748.31		1823,~~912~~565,~~722~~429.9153		6990,~~189~~736,~~503~~990.1678		12,~~945~~404,~~255~~408.7972		7193,~~134~~141,~~799~~440.6822		90116,~~047~~706,~~522~~869.5975		0.00		0.00		~~718~~696,~~439~~433,~~948~~308.6309
Interest Detail - REMIC II
	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-1A	3.~~27000~~34000%		~~228~~220,~~585~~284,~~663~~217.2919		~~622~~674,~~895~~436.9384		~~176~~87.8456		0.00		0.00		~~622~~674,~~719~~349.0928		~~622~~674,~~719~~349.0929		0.00
A-1B	3.~~37000~~44000%		5755,~~146~~070,~~186~~832.0789		~~160~~173,~~485~~656.5469		4522.5654		0.00		0.00		~~160~~173,~~439~~634.9815		~~160~~173,~~439~~634.9815		0.00
A-2A	3.~~16000~~23000%		7872,~~576~~699,~~226~~106.1871		~~206~~215,~~917~~249.4094		5827.7494		0.00		0.00		~~206~~215,~~858~~222.6600		~~206~~215,~~858~~221.6599		0.00
A-2B	3.~~28000~~35000%		49,331,000.00		~~134~~151,~~838~~487.0728		3819.2867		0.00		0.00		~~134~~151,~~799~~467.7961		~~134~~151,~~799~~467.7961		0.00
A-2C	3.~~40000~~47000%		25,890,000.00		7382,~~355~~351.0078		2010.8369		0.00		0.00		7382,~~334~~341.1709		7382,~~334~~341.1708		0.00
A-2D	3.~~29000~~36000%		~~135~~130,~~724~~538,~~586~~084.1725		~~372~~402,~~111~~057.5730		~~105~~52.6420		0.00		0.00		~~372~~402,005.9310		~~372~~402,005.9310		0.00
M-1	3.~~52000~~59000%		54,086,000.00		~~158~~177,~~652~~988.2701		4523.0411		0.00		0.00		~~158~~177,~~607~~964.2390		~~158~~177,~~607~~964.2291		0.00
M-2	3.~~90000~~97000%		44,216,000.00		~~143~~160,~~702~~909.0039		4020.8089		0.00		0.00		~~143~~160,~~661~~888.2050		~~143~~160,~~661~~888.2050		0.00
M-3	4.~~07000~~14000%		11,844,000.00		4044,~~170~~947.9098		115.4084		0.00		0.00		4044,~~159~~942.5014		4044,~~159~~942.5014		0.00
B-1	4.~~62000~~69000%		12,238,000.00		4752,~~116~~613.3020		136.3883		0.00		0.00		4752,~~102~~606.9237		4752,~~102~~606.9237		0.00
B-2	4.~~72000~~79000%		9,475,000.00		3741,~~268~~603.3315		105.5840		0.00		0.00		3741,~~257~~597.75		3741,~~257~~597.7574		0.00
B-3	5.~~72000~~79000%		7,896,000.00		3741,~~637~~908.6002		105.6944		0.00		0.00		3741,~~626~~902.9158		3741,~~626~~902.9158		0.00
B-4	6.00000%		9,475,000.00		47,375.00		136.4515		0.00		0.00		47,~~361~~368.5585		47,~~361~~368.5585		0.00
X	~~150~~146.~~88750~~75442%		15,396,707.59		0.00		0.00		0.00		0.00		0.00		1,~~935~~882,~~975~~945.5869		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		~~488~~503,~~118~~470.3162		0.00
UT-R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			~~739~~718,~~880~~439,~~369~~948.3063		2,~~082~~266,~~525~~584.9158		~~591~~294.2326		0.00		0.00		2,~~081~~266,~~934~~290.6832		4,~~506~~652,~~028~~706.5562		0.00
Page 3 of 27
Page 3 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Collection Account Report
SUMMARY
										Group 2		Group 1		Total
Principal Collections										1012,~~914~~737,~~897~~564.9132		109,~~237~~246,~~308~~014.4516		21,~~152~~983,~~206~~578.3648
Principal Withdrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										1012,~~914~~737,~~897~~564.9132		109,~~237~~246,~~308~~014.4516		21,~~152~~983,~~206~~578.3648
Interest Collections										2,~~190~~125,~~581~~131.1481		2,~~166~~099,~~934~~324.3445		4,~~357~~224,~~515~~456.4825
Interest Withdrawals										-0.00		-03,681.0088		-03,681.0088
Interest Fees										-25,~~411~~221.1332		-2523,~~979~~255.8000		-5148,~~390~~476.9332
Interest Other Accounts														~~488~~503,~~118~~470.3162
TOTAL NET INTEREST										2,~~165~~099,~~170~~910.0149		2,~~140~~072,~~954~~387.5457		4,~~794~~675,~~242~~768.8667
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														2526,~~946~~659,~~449~~347.2216
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											~~233~~227,~~624~~064.5090		~~236~~232,~~011~~088.0903		~~469~~459,~~635~~152.5993
Curtailments											8919,~~500~~715.5819		957,~~300~~504.4142		9877,~~800~~219.9961
Prepayments In Full											1012,~~595~~490,~~653~~784.5123		108,~~005~~562,~~260~~721.6827		2021,~~600~~053,~~914~~505.1950
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											556,~~577~~892.0525		~~215~~409,~~492~~870.8525		~~271~~416,~~069~~762.9050
Insurance Principal											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-~~203~~197,~~635~~443.8654		-204,~~544~~334.5345		-~~408~~401,~~180~~777.3999
Realized Losses											-596,~~457~~892.7325		-~~228~~16,~~756~~169.5881		-~~288~~23,~~214~~062.3106
Advanced Principal											~~203~~197,~~635~~443.8654		204,~~544~~334.5345		~~408~~401,~~180~~777.3999
TOTAL PRINCIPAL COLLECTED											1012,~~914~~737,~~897~~564.9132		109,~~237~~246,~~308~~014.4516		21,~~152~~983,~~206~~578.3648
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00
Page 4 of 27
Page 4 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										2,~~323~~252,~~667~~171.8720		2,~~295~~223,~~937~~732.0042		4,~~619~~475,~~604~~903.8762
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										~~586~~68.6587		23,~~109~~243.2387		23,~~695~~312.8874
Insurance Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-2834,~~154~~823.2259		-24,~~485~~492.5330		-5259,~~639~~315.7589
Delinquent Interest										-1,~~972~~902,~~033~~351.2330		-1,~~939~~914,~~337~~054.9446		-3,~~911~~816,~~371~~405.1776
Compensating Interest										2834,~~154~~823.2259		24,~~485~~492.5430		5259,~~639~~315.7589
Civil Relief Act Shortfalls										-0.00		-~~591~~294.2425		-~~591~~294.2425
Interest Advanced										1,~~838~~775,~~359~~243.8404		1,~~808~~786,~~817~~696.2886		3,~~647~~561,~~177~~939.1290
TOTAL INTEREST COLLECTED										2,~~190~~125,~~581~~131.1481		2,~~166~~099,~~934~~324.3445		4,~~357~~224,~~515~~456.4825
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
Non-Recoverable Advances										0.00		0.00		0.00
Reimbursements to Master Servicer										0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS										0.00		03,681.0088		03,681.0088
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														~~488~~503,~~118~~470.3162
Interest Cap Payment														0.00
TOTAL INTEREST OTHER ACCOUNTS														~~488~~503,~~118~~470.3162
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										23,~~549~~415.9804		2421,~~141~~469.5508		4744,~~691~~884.5312
Trustee Fees										1,~~861~~806.1528		1,~~838~~785.2592		3,~~699~~592.4020
TOTAL INTEREST FEES										25,~~411~~221.1332		2523,~~979~~255.8000		5148,~~390~~476.9332
Page 5 of 27
Page 5 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
										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 2		Group 1		Total
Overcollateralized Amount														15,396,707.59
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														~~288~~23,~~214~~062.3106
Overcollateralization Target Amount														15,396,707.59
Page 6 of 27
Page 6 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Collateral Report
COLLATERAL
											Group 2		Group 1		Total
Loan Count:
Original										2,324		2,699		5,023
Prior										2,~~198~~139		2,~~552~~482		4,~~750~~621
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-5663		-6151		-~~117~~114
Repurchases										-0		-0		-0
Liquidations										-31		-104		-135
Current										2,~~139~~075		2,~~481~~427		4,~~620~~502
Principal Balance:
Original										396,743,119.54		392,831,628.77		789,574,748.31
Prior										~~372~~361,~~230~~255,~~281~~925.1450		~~367~~357,~~650~~184,~~088~~023.1613		~~739~~718,~~880~~439,~~369~~948.3063
Prefunding										0.00		0.00		0.00
Scheduled Principal										-~~233~~227,~~624~~064.5090		-~~236~~232,~~011~~088.0903		-~~469~~459,~~635~~152.5993
Partial Prepayments										-8919,~~500~~715.5819		-957,~~300~~504.4142		-9877,~~800~~219.9961
Full Voluntary Prepayments										-1012,~~595~~490,~~653~~784.5123		-108,~~005~~562,~~260~~721.6827		-2021,~~600~~053,~~914~~505.1950
Repurchases										-0.00		-0.00		-0.00
Liquidations										-556,~~577~~892.0525		-~~215~~409,~~492~~870.8525		-~~271~~416,~~069~~762.9050
Current										~~361~~348,~~255~~511,~~925~~468.5093		~~357~~347,~~184~~921,~~023~~839.1316		~~718~~696,~~439~~433,~~948~~308.6309
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 7 of 27
Page 7 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.51093%		7.54068%		7.52573%
Weighted Average Coupon Prior										7.~~50009~~49105%		7.~~52238~~51654%		7.~~51115~~50371%
Weighted Average Coupon Current										7.~~49105~~48137%		7.~~51654~~50463%		7.~~50371~~49293%
Weighted Average Months to Maturity Original										350		350		350
Weighted Average Months to Maturity Prior										~~347~~346		~~348~~347		~~348~~347
Weighted Average Months to Maturity Current										~~346~~345		~~347~~346		~~347~~345
Weighted Avg Remaining Amortization Term Original										350		350		350
Weighted Avg Remaining Amortization Term Prior										~~347~~346		~~348~~347		~~348~~347
Weighted Avg Remaining Amortization Term Current										~~346~~345		~~347~~346		~~347~~345
Weighted Average Seasoning Original										5.10		4.98		5.04
Weighted Average Seasoning Prior										78.0907		67.96		78.0302
Weighted Average Seasoning Current										89.0708		78.96		89.02
Page 8 of 27
Page 8 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.95844%		6.94757%		6.95298%
Weighted Average Margin Prior										6.~~95392~~95205%		6.~~94253~~94299%		6.~~94820~~94750%
Weighted Average Margin Current										6.~~95205~~94716%		6.~~94299~~93933%		6.~~94750~~94323%
Weighted Average Max Rate Original										14.29522%		14.30112%		14.29818%
Weighted Average Max Rate Prior										14.~~27866~~27061%		14.~~28025~~27907%		14.~~27946~~27486%
Weighted Average Max Rate Current										14.~~27061~~26006%		14.~~27907~~26663%		14.~~27486~~26336%
Weighted Average Min Rate Original										7.33875%		7.35674%		7.34778%
Weighted Average Min Rate Prior										7.~~32377~~31649%		7.~~33613~~33464%		7.~~32997~~32562%
Weighted Average Min Rate Current										7.~~31649~~30628%		7.~~33464~~32146%		7.~~32562~~31391%
Weighted Average Cap Up Original										1.25838%		1.24206%		1.25019%
Weighted Average Cap Up Prior										1.~~25800~~25851%		1.24101%		1.~~24948~~24971%
Weighted Average Cap Up Current										1.~~25851~~25935%		1.~~24101~~24117%		1.~~24971~~25021%
Weighted Average Cap Down Original										1.25838%		1.24206%		1.25019%
Weighted Average Cap Down Prior										1.~~25800~~25851%		1.24101%		1.~~24948~~24971%
Weighted Average Cap Down Current										1.~~25851~~25935%		1.~~24101~~24117%		1.~~24971~~25021%
SERVICING FEES & ADVANCES
											Group 2		Group 1		Total
Current Servicing Fees										23,~~549~~415.9804		2421,~~141~~469.5508		4744,~~691~~884.5312
Delinquent Servicing Fees										~~131~~127,~~545~~108.9727		~~128~~127,~~773~~357.8660		~~260~~254,~~319~~465.8387
TOTAL SERVICING FEES										~~155~~150,~~008~~523.1930		~~153~~148,~~116~~826.1268		~~308~~299,~~124~~349.3198
Total Servicing Fees										~~155~~150,~~008~~523.1930		~~153~~148,~~116~~826.1268		~~308~~299,~~124~~349.3198
Compensating Interest										-2834,~~154~~823.2259		-24,~~485~~492.5430		-5259,~~639~~315.7589
Delinquent Servicing Fees										-~~131~~127,~~545~~108.9727		-~~128~~127,~~773~~357.8660		-~~260~~254,~~319~~465.8387
COLLECTED SERVICING FEES										23,~~549~~415.9804		2421,~~141~~469.5508		-414,~~835~~431.2876
Total Advanced Interest										1,~~838~~775,~~359~~243.8404		1,~~808~~786,~~817~~696.2886		3,~~647~~561,~~177~~939.1290
Total Advanced Principal										~~203~~197,~~635~~443.8654		204,~~544~~334.5345		~~408~~401,~~180~~777.3999
Aggregate Advances with respect to this Distribution										21,~~041~~972,~~995~~686.7058		21,~~013~~991,~~361~~031.8131		43,~~055~~963,~~357~~717.5189
ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										2834,~~154~~823.2259		24,~~485~~492.5330		5259,~~639~~315.7589
Compensating Interest										-2834,~~154~~823.2259		-24,~~485~~492.5430		-5259,~~639~~315.7589
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Ending Pool Stated Principal Balance										~~361~~348,~~255~~511,~~925~~468.5093		~~357~~347,~~184~~921,~~023~~839.1316		~~718~~696,~~439~~433,~~948~~308.6309
Weighted Average Net Mortgage Rate										6.~~980098~~975367%		6.~~988018~~962420%		6.~~984034~~968930%
Page 9 of 27
Page 9 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				16,~~340~~438,~~294~~425.2425		87,~~076~~028,~~389~~350.1073		48,~~803~~542,~~458~~983.1129		2932,~~220~~009,~~141~~759.4527
			% Balance				2.2736%		1.1201%		01.6723%		4.0760%
			# Loans				~~115~~112		4746		5471		~~216~~229
			% # Loans				2.49%		1.02%		1.1758%		45.6809%
	FORECLOSURE		Balance		0179,479.0016		0.00		01,542,347.0054		7,~~115~~037,~~190~~137.1728		78,~~115~~758,~~190~~963.1798
			% Balance		0.0003%		0.00%		0.0022%		01.9901%		01.9926%
			# Loans		01		0		010		3538		3549
			% # Loans		0.0002%		0.00%		0.0022%		0.7684%		01.7609%
	BANKRUPTCY		Balance		~~573~~861,~~700~~837.9500		~~215~~123,~~734~~017.1738		~~123~~85,~~111~~651.0099		~~592~~775,~~861~~317.5559		1,~~505~~845,~~407~~823.6796
			% Balance		0.0812%		0.0302%		0.0201%		0.0811%		0.2127%
			# Loans		59		31		1		8		1719
			% # Loans		0.1120%		0.0602%		0.02%		0.1718%		0.3742%
	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		~~573~~1,~~700~~041,316.9516		16,~~556~~561,~~028~~442.4163		8,~~199~~656,~~500~~350.1026		1216,~~511~~355,~~509~~438.8316		3742,~~840~~614,~~739~~547.2921
			% Balance		0.0815%		2.3038%		1.1424%		12.7435%		56.2712%
			# Loans		510		~~118~~113		4857		97117		~~268~~297
			% # Loans		0.1122%		2.5551%		1.0427%		2.1060%		56.8060%
Page 10 of 27
Page 10 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				8,~~801~~853,~~013~~383.8632		32,~~576~~119,~~457~~173.1439		23,~~120~~139,~~456~~432.5422		14,~~497~~111,~~927~~988.5493
			% Balance				2.4654%		10.0061%		0.5990%		4.06%
			# Loans				6266		2317		2528		~~110~~111
			% # Loans				2.5072%		0.9370%		1.0115%		4.4357%
	FORECLOSURE		Balance		0.00		0.00		01,226,992.0033		4,~~200~~483,~~693~~598.5004		45,~~200~~710,~~693~~590.5037
			% Balance		0.00%		0.00%		0.0035%		1.1829%		1.1864%
			# Loans		0		0		07		2125		2132
			% # Loans		0.00%		0.00%		0.0029%		01.8503%		01.8532%
	BANKRUPTCY		Balance		~~131~~359,~~339~~538.8057		85123,~~919~~017.8638		~~123~~85,~~111~~651.0099		~~429~~660,~~420~~164.6158		~~769~~1,~~791~~228,372.2752
			% Balance		0.0410%		0.0204%		0.0302%		0.1219%		0.2235%
			# Loans		25		1		1		45		812
			% # Loans		0.0821%		0.04%		0.04%		0.1621%		0.3249%
	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		~~131~~359,~~339~~538.8057		8,~~886~~976,~~933~~400.7270		3,~~699~~431,~~568~~817.1471		68,~~750~~283,~~570~~194.6584		1921,~~468~~050,~~412~~951.3182
			% Balance		0.0410%		2.4958%		10.0499%		12.8938%		56.4505%
			# Loans		25		6367		2425		5058		~~139~~155
			% # Loans		0.0821%		2.5476%		01.9703%		2.0239%		56.6039%
Page 11 of 27
Page 11 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				7,~~539~~585,~~280~~041.3893		4,~~499~~909,~~931~~177.9634		25,~~683~~403,~~001~~551.5707		1417,~~722~~897,~~213~~770.9134
			% Balance				2.0918%		1.2541%		01.7455%		45.0814%
			# Loans				5346		2429		2943		~~106~~118
			% # Loans				2.4822%		1.1240%		12.3607%		45.9669%
	FORECLOSURE		Balance		0179,479.0016		0.00		0315,355.0021		2,~~914~~553,~~496~~539.6724		23,~~914~~048,~~496~~373.6761
			% Balance		0.0005%		0.00%		0.0009%		0.8173%		0.8187%
			# Loans		01		0		03		1413		1417
			% # Loans		0.0005%		0.00%		0.0014%		0.6563%		0.6582%
	BANKRUPTCY		Balance		~~442~~502,~~361~~298.1543		~~129,814~~0.3100		0.00		~~163~~115,~~440~~153.9401		~~735~~617,~~616~~451.4044
			% Balance		0.1214%		0.0400%		0.00%		0.0503%		0.2018%
			# Loans		34		20		0		43		97
			% # Loans		0.1419%		0.0900%		0.00%		0.1914%		0.4234%
	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		~~442~~681,~~361~~777.1559		7,~~669~~585,~~094~~041.6993		45,~~499~~224,~~931~~532.9655		58,~~760~~072,~~939~~243.1832		1821,~~372~~563,~~326~~595.9839
			% Balance		0.1220%		2.1218%		1.2550%		12.5932%		56.0919%
			# Loans		35		5546		2432		4759		~~129~~142
			% # Loans		0.1424%		2.5722%		1.1254%		2.2084%		6.0384%
Page 12 of 27
Page 12 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 13 of 27
Page 13 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
1000001117 1
80006525 1
			175,750.00		175,745.92		01-Dec-2004		7.750%		CA - 95.00%		360		01-Aug-2004
			143,932.00		142,512.41		01-Jan-2005		7.400%		TX - 80.00%		360		01-Jul-2004
3029404145 1			37,000.00		36,904.80		01-Sep-2004		11.625%		PA - 20.00%		360		01-Oct-2004
80008105 1			102,000.00		101,308.79		01-Jan-2005		8.600%		FL - 85.00%		360		01-Aug-2004
3029405078 1			177,600.00		176,770.09		01-Oct-2004		8.125%		VA - 80.00%		360		01-Dec-2004
80010478 1			79,200.00		78,652.20		01-Dec-2004		7.450%		MI - 90.00%		360		01-Oct-2004
3029405385 1			270,000.00		268,639.96		01-Nov-2004		7.750%		FL - 90.00%		360		01-Nov-2004
1000001117 1			175,750.00		175,745.92		01-Dec-2004		7.750%		CA - 95.00%		360		01-Aug-2004
3058402966 1			107,100.00		106,514.31		01-Nov-2004		8.625%		NC - 90.00%		360		01-Sep-2004
1000167297 1			238,500.00		235,860.74		01-Jan-2005		7.350%		GA - 90.00%		360		01-Jun-2004
3058403354 1			149,000.00		148,052.55		01-Dec-2004		7.875%		MI - 79.00%		360		01-Sep-2004
3027405386 1			204,000.00		203,061.00		01-Feb-2005		8.875%		FL - 85.00%		360		01-Nov-2004
3076400694 1			183,000.00		181,228.85		01-Sep-2004		7.250%		IL - 99.00%		360		01-Jun-2004
3029404145 1			37,000.00		36,892.38		01-Sep-2004		11.625%		PA - 20.00%		360		01-Oct-2004
3076401921 1			306,850.00		304,987.84		01-Dec-2004		7.500%		IL - 85.00%		360		01-Oct-2004
3029404694 1			89,500.00		89,110.66		01-Feb-2005		9.750%		WI - 90.00%		360		01-Oct-2004
3076402078 1			292,000.00		290,755.81		01-Dec-2004		9.250%		MI - 100.00%		360		01-Oct-2004
3029405385 1			270,000.00		268,440.62		01-Nov-2004		7.750%		FL - 90.00%		360		01-Nov-2004
5000094531 1			352,000.00		348,817.99		01-Oct-2004		7.600%		TX - 80.00%		360		01-Jun-2004
3042400181 1			72,900.00		72,566.91		01-Jan-2005		9.500%		FL - 90.00%		360		01-Oct-2004
5000105348 1			238,500.00		236,817.92		01-Dec-2004		7.350%		MA - 87.00%		360		01-Sep-2004
3058403354 1			149,000.00		147,943.79		01-Dec-2004		7.875%		MI - 79.00%		360		01-Sep-2004
5000109455 1			116,100.00		115,415.01		01-Dec-2004		8.250%		WI - 90.00%		360		01-Sep-2004
3058403400 1			79,200.00		78,500.58		01-Feb-2005		6.750%		KY - 80.00%		360		01-Sep-2004
5240403505 1			167,850.00		166,551.34		01-Sep-2004		6.875%		CO - 80.00%		360		01-Sep-2004
3058403562 1			118,500.00		117,753.93		01-Feb-2005		8.250%		MD - 75.00%		360		01-Oct-2004
5240403508 1			41,950.00		41,849.30		01-Oct-2004		12.500%		CO - 20.00%		180		01-Sep-2004
3076400694 1			183,000.00		181,075.39		01-Sep-2004		7.250%		IL - 99.00%		360		01-Jun-2004
5243402973 1			310,000.00		308,388.80		01-Sep-2004		8.875%		CA - 80.00%		360		01-Sep-2004
3076401786 1			292,000.00		290,233.64		01-Jan-2005		8.125%		MI - 80.00%		360		01-Oct-2004
5243403603 1			231,900.00		231,900.00		01-Dec-2004		7.250%		CA - 80.00%		360		01-Oct-2004
3076401921 1			306,850.00		304,748.47		01-Feb-2005		7.500%		IL - 85.00%		360		01-Oct-2004
5255400864 1			174,000.00		173,043.32		01-Nov-2004		6.500%		WA - 98.00%		360		01-Dec-2004
3076402078 1			292,000.00		290,594.84		01-Dec-2004		9.250%		MI - 100.00%		360		01-Oct-2004
5272400262 1			305,150.00		303,925.60		01-Oct-2004		8.875%		NV - 85.00%		360		01-Nov-2004
3076402145 1			226,750.00		225,832.58		01-Dec-2004		9.500%		IL - 85.00%		360		01-Nov-2004
5277401711 1			221,000.00		220,033.71		01-Oct-2004		9.125%		IL - 85.00%		360		01-Oct-2004
5000094531 1			352,000.00		348,541.78		01-Oct-2004		7.600%		TX - 80.00%		360		01-Jun-2004
5292400034 1			102,400.00		101,936.83		01-Nov-2004		7.500%		FL - 80.00%		360		01-Dec-2004
5000105348 1			238,500.00		236,625.23		01-Dec-2004		7.350%		MA - 87.00%		360		01-Sep-2004
6000109542 1			264,000.00		262,413.55		01-Oct-2004		7.550%		GA - 80.00%		360		01-Oct-2004
5000109455 1			116,100.00		115,336.26		01-Dec-2004		8.250%		WI - 90.00%		360		01-Sep-2004
80006073 2			112,000.00		110,991.03		01-Nov-2004		7.300%		CO - 80.00%		360		01-Jul-2004
5240403505 1			167,850.00		166,402.88		01-Sep-2004		6.875%		CO - 80.00%		360		01-Sep-2004
80009317 2			102,400.00		101,596.03		01-Dec-2004		6.800%		MO - 80.00%		360		01-Sep-2004
5240403508 1			41,950.00		41,837.52		01-Oct-2004		12.500%		CO - 20.00%		180		01-Sep-2004
80014625 2			84,000.00		83,627.54		01-Dec-2004		7.600%		TN - 77.00%		360		01-Dec-2004
5243403603 1			231,900.00		231,900.00		01-Feb-2005		7.250%		CA - 80.00%		360		01-Oct-2004
1000189842 2			367,200.00		364,467.40		01-Nov-2004		6.450%		CA - 80.00%		360		01-Oct-2004
5255400864 1			174,000.00		172,880.84		01-Nov-2004		6.500%		WA - 98.00%		360		01-Dec-2004
1000191010 2			181,600.00		180,600.07		01-Dec-2004		7.990%		WA - 80.00%		360		01-Oct-2004
5272400262 1			305,150.00		303,745.47		01-Oct-2004		8.875%		NV - 85.00%		360		01-Nov-2004
3076402077 2			163,000.00		162,058.61		01-Nov-2004		7.750%		IL - 78.00%		360		01-Oct-2004
5272400774 1			203,000.00		201,917.69		01-Feb-2005		8.750%		NV - 83.00%		360		01-Oct-2004
5000101410 2			51,300.00		51,021.03		01-Dec-2004		9.200%		IN - 90.00%		360		01-Aug-2004
5277401711 1			221,000.00		219,908.75		01-Oct-2004		9.125%		IL - 85.00%		360		01-Oct-2004
5000109194 2			59,040.00		58,746.65		01-Dec-2004		8.500%		OK - 90.00%		360		01-Oct-2004
5289400605 1			71,000.00		70,591.57		01-Jan-2005		8.375%		SD - 75.00%		360		01-Oct-2004
5225401044 2			245,000.00		243,765.86		01-Dec-2004		7.750%		WA - 70.00%		360		01-Nov-2004
5292400034 1			102,400.00		101,857.94		01-Nov-2004		7.500%		FL - 80.00%		360		01-Dec-2004
6000103521 1			196,000.00		196,000.00		01-Jan-2005		7.300%		GA - 80.00%		360		01-Aug-2004
6000109542 1			264,000.00		262,209.59		01-Oct-2004		7.550%		GA - 80.00%		360		01-Oct-2004
80006073 2			112,000.00		110,898.39		01-Nov-2004		7.300%		CO - 80.00%		360		01-Jul-2004
80009914 2			221,250.00		219,485.67		01-Jan-2005		7.450%		CO - 75.00%		360		01-Sep-2004
80014625 2			84,000.00		83,564.08		01-Dec-2004		7.600%		TN - 77.00%		360		01-Dec-2004
1000153563 2			24,700.00		24,332.18		01-Sep-2004		11.500%		AZ - 20.00%		240		01-Apr-2004
1000189842 2			367,200.00		364,117.51		01-Nov-2004		6.450%		CA - 80.00%		360		01-Oct-2004
1000191010 2			181,600.00		179,479.16		01-May-2005		7.990%		WA - 80.00%		360		01-Oct-2004
3029405633 2			72,000.00		71,866.89		01-Jan-2005		12.500%		FL - 20.00%		180		01-Dec-2004
3076402077 2			163,000.00		161,937.49		01-Nov-2004		7.750%		IL - 78.00%		360		01-Oct-2004
5000101410 2			51,300.00		50,992.01		01-Dec-2004		9.200%		IN - 90.00%		360		01-Aug-2004
5000109194 2			59,040.00		58,708.80		01-Dec-2004		8.500%		OK - 90.00%		360		01-Oct-2004
5243404578 2			396,000.00		396,000.00		01-Oct-2004		6.500%		CA - 80.00%		360		01-Nov-2004
5243405529 2			500,000.00		500,000.00		01-Nov-2004		8.750%		AZ - 71.00%		360		01-Dec-2004
5282401493 2			150,300.00		149,523.87		01-Dec-2004		7.625%		IL - 90.00%		360		01-Nov-2004
5243405586 2			102,800.00		102,306.68		01-Feb-2005		8.000%		AZ - 80.00%		360		01-Dec-2004
6000100836 2			110,400.00		109,293.47		01-Dec-2004		6.600%		IL - 80.00%		360		01-Jul-2004
5266401417 2			64,000.00		63,638.37		01-Feb-2005		9.000%		IA - 80.00%		360		01-Sep-2004
6000113361 2			405,600.00		402,805.11		01-Dec-2004		6.850%		GA - 80.00%		360		01-Oct-2004
5282401493 2			150,300.00		149,410.16		01-Feb-2005		7.625%		IL - 90.00%		360		01-Nov-2004
TOTAL			7,150,990.00		7,115,190.17
6000100836 2			110,400.00		109,189.50		01-Dec-2004		6.600%		IL - 80.00%		360		01-Jul-2004
Page 14 of 27
6000113361 2			405,600.00		402,446.72		01-Dec-2004		6.850%		GA - 80.00%		360		01-Oct-2004
Page 14 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
TOTAL			8,810,122.00		8,758,963.98
Page 15 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
June 27, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
											Group 2		Group 1		Total
Current
Number of Paid in Full Loans										5663		6151		~~117~~114
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										5663		6151		~~117~~114
Curtailments Amount										8919,~~500~~715.5819		957,~~300~~504.4142		9877,~~800~~219.9961
Paid in Full Balance										1012,~~595~~490,~~653~~784.5123		108,~~005~~562,~~260~~721.6827		2021,~~600~~053,~~914~~505.1950
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										1012,~~685~~510,~~154~~499.0942		108,~~014~~620,~~561~~225.0969		2021,~~699~~130,~~715~~725.1811
Cumulative
Number of Paid in Full Loans										~~161~~224		~~187~~238		~~348~~462
Number of Repurchased Loans										19		19		38
Total Number of Loans Prepaid in Full										~~180~~243		~~206~~257		~~386~~500
Paid in Full Balance										3143,~~084~~574,~~065~~849.7093		3140,~~466~~029,~~291~~012.2451		6283,~~550~~603,~~356~~862.9444
Repurchased Loans Balance										2,739,434.05		2,820,527.53		5,559,961.58
Curtailments Amount										~~522~~542,~~680~~395.2746		~~129~~187,~~699~~204.7012		~~652~~729,~~379~~599.9758
Total Prepayment Amount										3446,~~346~~856,~~180~~679.0244		3443,~~416~~036,~~518~~744.4716		6889,~~762~~893,~~698~~423.4960
Page 15 of 27
Page 16 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
											Group 2		Group 1		Total
SMM										23.8947%		2.7853%		23.8400%
3 Months Avg SMM										23.4708%		2.4665%		2.4787%
12 Months Avg SMM										2.2550%		2.2934%		2.2742%
Avg SMM Since Cut-off										2.2550%		2.2934%		2.2742%
CPR										2934.6452%		2826.7447%		2930.2063%
3 Months Avg CPR										2531.9433%		2527.8254%		2529.8847%
12 Months Avg CPR										2326.9318%		24.2570%		2425.0944%
Avg CPR Since Cut-off										2326.9318%		24.2570%		2425.0944%
PSA										1,~~835~~901.9256%		1,~~804~~477.4480%		1,~~820~~698.4729%
3 Months Avg PSA Approximation										1,~~830~~938.4292%		1,~~853~~729.1649%		1,~~841~~837.6201%
12 Months Avg PSA Approximation										1,~~815~~846.6877%		1,~~874~~772.0052%		1,~~844~~810.4130%
Avg PSA Since Cut-off Approximation										1,~~815~~846.6877%		1,~~874~~772.0052%		1,~~844~~810.4230%
Page 16 of 27
Page 17 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 17 of 27
Page 18 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
80008251 1			247,860.00		246,378.51			21-Apr-2005		8.500%		CA - 85.00%		Paid Off - 360		01-Aug-2004
80006406 2			264,000.00		264,000.00			25-May-2005		7.050%		CA - 80.00%		Paid Off - 360		01-Jul-2004
80008476 1			108,000.00		107,572.08			29-Apr-2005		9.600%		FL - 80.00%		Paid Off - 360		01-Sep-2004
80009870 1			497,700.00		497,700.00			26-May-2005		6.750%		CA - 90.00%		Paid Off - 360		01-Sep-2004
80009846 1			79,500.00		79,222.60			19-Apr-2005		9.550%		NM - 75.00%		Paid Off - 360		01-Oct-2004
80014394 2			324,500.00		323,416.35			16-May-2005		9.000%		CA - 74.00%		Paid Off - 360		01-Dec-2004
80013851 1			288,000.00		286,764.01			30-Apr-2005		7.600%		CA - 90.00%		Paid Off - 360		01-Dec-2004
80014787 1			200,000.00		199,304.05			19-May-2005		8.800%		CA - 82.00%		Paid Off - 360		01-Dec-2004
80014091 2			213,750.00		212,935.67			13-Apr-2005		7.950%		CA - 95.00%		Paid Off - 360		01-Dec-2004
80014825 2			413,540.00		411,724.41			25-May-2005		7.650%		VA - 90.00%		Paid Off - 360		01-Dec-2004
1000121974 2			412,000.00		404,154.66			26-Apr-2005		6.500%		CA - 61.00%		Paid Off - 360		01-Sep-2003
80014939 2			255,000.00		254,037.15			03-May-2005		8.400%		DC - 76.00%		Paid Off - 360		01-Dec-2004
1000179357 2			312,300.00		310,717.81			28-Apr-2005		9.000%		CA - 90.00%		Paid Off - 360		01-Aug-2004
80015441 2			364,000.00		362,771.85			16-May-2005		8.950%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1000183923 1			225,000.00		223,634.51			19-Apr-2005		7.500%		CA - 90.00%		Paid Off - 360		01-Sep-2004
1000159061 2			191,200.00		188,700.94			27-May-2005		5.750%		CA - 40.00%		Paid Off - 360		01-Jun-2004
1000184891 1			150,000.00		149,174.03			05-Apr-2005		7.300%		FL - 75.00%		Paid Off - 360		01-Oct-2004
1000169784 2			31,900.00		31,355.39			12-May-2005		9.750%		WA - 20.00%		Paid Off - 240		01-Jun-2004
1000185613 1			210,000.00		208,771.34			28-Apr-2005		6.990%		CA - 68.00%		Paid Off - 360		01-Oct-2004
1000173330 2			405,000.00		401,720.52			02-May-2005		7.200%		CA - 90.00%		Paid Off - 360		01-Aug-2004
1000186168 1			132,000.00		131,491.97			19-Apr-2005		9.740%		CA - 69.00%		Paid Off - 360		01-Sep-2004
1000181739 1			359,000.00		356,283.63			23-May-2005		6.990%		CA - 78.00%		Paid Off - 360		01-Sep-2004
1000186218 2			165,000.00		164,201.09			28-Apr-2005		8.250%		CA - 75.00%		Paid Off - 360		01-Oct-2004
1000182633 2			240,547.00		240,519.74			05-May-2005		7.250%		NY - 89.00%		Paid Off - 360		01-Oct-2004
1000187668 1			204,000.00		203,996.44			20-Apr-2005		6.350%		CA - 85.00%		Paid Off - 360		01-Oct-2004
1000188278 2			267,300.00		265,709.55			16-May-2005		7.600%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1000188686 1			235,000.00		234,061.90			05-Apr-2005		8.900%		CA - 66.00%		Paid Off - 360		01-Oct-2004
1000188541 2			414,000.00		411,221.08			20-May-2005		6.990%		VA - 90.00%		Paid Off - 360		01-Oct-2004
1000188845 1			250,000.00		248,775.34			27-Apr-2005		7.890%		CA - 33.00%		Paid Off - 360		01-Oct-2004
1000188620 1			132,000.00		131,101.75			18-May-2005		7.600%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000189606 2			433,500.00		431,041.73			29-Apr-2005		7.150%		MD - 85.00%		Paid Off - 360		01-Oct-2004
1000188793 2			304,200.00		302,212.34			12-May-2005		7.125%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1000189643 1			187,103.00		185,840.66			19-Apr-2005		6.250%		CA - 84.00%		Paid Off - 360		01-Oct-2004
1000190437 1			204,000.00		201,873.80			31-May-2005		7.150%		CA - 85.00%		Paid Off - 360		01-Oct-2004
1000189772 1			303,960.00		302,004.94			20-Apr-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000190894 2			450,000.00		450,000.00			31-May-2005		6.250%		CA - 69.00%		Paid Off - 360		01-Oct-2004
1000189881 2			113,040.00		112,509.03			01-Apr-2005		8.100%		MD - 90.00%		Paid Off - 360		01-Oct-2004
1000191212 2			348,000.00		345,966.45			25-May-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000189891 1			75,990.00		75,212.69			20-Apr-2005		9.375%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000191229 2			320,400.00		318,548.83			13-May-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Oct-2004
1000190243 2			188,000.00		187,257.14			18-Apr-2005		8.950%		MD - 80.00%		Paid Off - 360		01-Oct-2004
1000191486 2			199,200.00		198,083.32			12-May-2005		7.900%		CA - 80.00%		Paid Off - 360		01-Oct-2004
1000191373 1			207,200.00		206,320.49			27-Apr-2005		8.600%		CO - 80.00%		Paid Off - 360		01-Oct-2004
1000191845 2			397,500.00		395,249.38			26-May-2005		7.850%		CA - 75.00%		Paid Off - 360		01-Oct-2004
1000191693 1			216,000.00		214,425.86			04-Apr-2005		6.800%		CA - 82.00%		Paid Off - 360		01-Oct-2004
3027404588 1			168,000.00		167,099.68			06-May-2005		8.125%		FL - 70.00%		Paid Off - 360		01-Oct-2004
1000192181 1			216,000.00		216,000.00			07-Apr-2005		6.500%		CA - 71.00%		Paid Off - 360		01-Oct-2004
3027405041 1			122,400.00		121,610.51			20-May-2005		6.750%		IL - 80.00%		Paid Off - 360		01-Nov-2004
1000192766 1			136,500.00		135,833.19			15-Apr-2005		8.740%		MD - 65.00%		Paid Off - 360		01-Oct-2004
3027405215 1			150,300.00		149,333.05			26-May-2005		6.500%		FL - 90.00%		Paid Off - 360		01-Nov-2004
3027402565 1			140,800.00		139,629.42			07-Apr-2005		6.500%		FL - 80.00%		Paid Off - 360		01-Aug-2004
3027405424 1			80,500.00		80,231.19			31-May-2005		9.000%		FL - 69.00%		Paid Off - 360		01-Dec-2004
3027403643 1			96,000.00		95,325.74			12-Apr-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Sep-2004
3027405430 2			65,600.00		65,303.32			23-May-2005		7.500%		FL - 80.00%		Paid Off - 360		01-Dec-2004
3027403645 2			24,000.00		23,933.02			12-Apr-2005		11.250%		FL - 20.00%		Paid Off - 180		01-Sep-2004
3027405516 2			115,200.00		114,704.19			04-May-2005		7.750%		FL - 80.00%		Paid Off - 360		01-Dec-2004
3027403897 2			34,000.00		955.32			12-Apr-2005		9.625%		FL - 20.00%		Paid Off - 180		01-Sep-2004
3027405518 1			28,800.00		28,746.44			04-May-2005		11.750%		FL - 20.00%		Paid Off - 360		01-Dec-2004
3027404083 2			18,300.00		18,182.64			13-Apr-2005		13.990%		PA - 20.00%		Paid Off - 240		01-Sep-2004
3029402573 1			212,000.00		208,664.87			24-May-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Aug-2004
3027404973 2			43,000.00		42,700.00			20-Apr-2005		11.125%		FL - 22.00%		Paid Off - 240		01-Nov-2004
3029402970 1			127,800.00		127,077.86			18-May-2005		9.000%		FL - 90.00%		Paid Off - 360		01-Aug-2004
3029403796 2			72,000.00		51,932.46			19-Apr-2005		8.375%		FL - 100.00%		Paid Off - 360		01-Sep-2004
3029404127 1			204,000.00		203,035.51			12-May-2005		9.750%		IN - 75.00%		Paid Off - 360		01-Oct-2004
3029403866 1			180,200.00		179,206.73			22-Apr-2005		8.000%		MD - 85.00%		Paid Off - 360		01-Sep-2004
3029404344 2			96,000.00		95,357.48			27-May-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Oct-2004
3029405133 1			56,800.00		56,589.87			06-Apr-2005		8.500%		WI - 80.00%		Paid Off - 360		01-Nov-2004
3029404345 1			24,000.00		23,944.63			27-May-2005		12.125%		FL - 20.00%		Paid Off - 180		01-Oct-2004
3029405323 2			132,200.00		131,659.59			26-Apr-2005		8.125%		NC - 90.00%		Paid Off - 360		01-Dec-2004
3029404408 1			127,650.00		126,816.21			09-May-2005		7.125%		FL - 80.00%		Paid Off - 360		01-Oct-2004
3029405403 1			174,000.00		173,602.42			18-Apr-2005		10.250%		FL - 100.00%		Paid Off - 360		01-Dec-2004
3029404410 1			31,950.00		31,824.07			09-May-2005		9.625%		FL - 20.00%		Paid Off - 180		01-Oct-2004
3029405436 2			99,500.00		99,085.99			06-Apr-2005		6.990%		FL - 51.00%		Paid Off - 360		01-Dec-2004
3029404646 2			99,200.00		98,803.96			26-May-2005		8.125%		FL - 80.00%		Paid Off - 360		01-Dec-2004
Page 18 of 27
Page 19 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 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
3029405600 1			250,750.00		249,779.32			27-Apr-2005		8.375%		MD - 85.00%		Paid Off - 360		01-Dec-2004
3029405069 1			58,400.00		58,241.64			25-May-2005		10.875%		PA - 90.00%		Paid Off - 360		01-Nov-2004
3058402866 2			188,000.00		186,712.48			21-Apr-2005		7.500%		VA - 59.00%		Paid Off - 360		01-Aug-2004
3029405225 2			68,850.00		68,623.33			05-May-2005		9.875%		VA - 85.00%		Paid Off - 360		01-Nov-2004
3058403100 1			38,200.00		38,133.67			26-Apr-2005		13.990%		RI - 20.00%		Paid Off - 180		01-Sep-2004
3029405304 2			152,000.00		151,253.15			31-May-2005		7.875%		FL - 80.00%		Paid Off - 360		01-Nov-2004
3058403698 2			98,400.00		97,708.74			26-Apr-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Sep-2004
3029405306 1			180,000.00		179,310.02			27-May-2005		8.875%		FL - 80.00%		Paid Off - 360		01-Dec-2004
3058403700 1			24,600.00		24,358.81			26-Apr-2005		12.990%		FL - 20.00%		Paid Off - 360		01-Sep-2004
3029405308 2			45,000.00		44,890.83			27-May-2005		11.625%		FL - 20.00%		Paid Off - 180		01-Dec-2004
3058404221 1			66,750.00		66,475.25			19-Apr-2005		8.750%		MI - 79.00%		Paid Off - 360		01-Oct-2004
3044401970 1			215,650.00		214,465.08			31-May-2005		8.000%		MD - 95.00%		Paid Off - 360		01-Oct-2004
3058404643 2			92,000.00		91,676.60			22-Apr-2005		8.750%		IN - 77.00%		Paid Off - 360		01-Nov-2004
3058401645 2			128,800.00		127,715.03			31-May-2005		7.500%		FL - 80.00%		Paid Off - 360		01-Jul-2004
3058404726 2			470,000.00		467,449.97			19-Apr-2005		7.375%		MD - 80.00%		Paid Off - 360		01-Oct-2004
3058401872 2			377,100.00		373,060.00			18-May-2005		6.250%		RI - 90.00%		Paid Off - 360		01-Jul-2004
3058404802 2			160,000.00		159,495.74			04-Apr-2005		8.375%		MD - 80.00%		Paid Off - 360		01-Dec-2004
3058402340 1			120,000.00		119,013.72			04-May-2005		7.625%		FL - 76.00%		Paid Off - 360		01-Jul-2004
3058405315 2			388,000.00		388,000.00			14-Apr-2005		6.875%		MD - 80.00%		Paid Off - 360		01-Dec-2004
3058402626 2			84,800.00		84,168.58			26-May-2005		7.625%		MI - 80.00%		Paid Off - 360		01-Aug-2004
3058405595 2			156,800.00		156,149.84			29-Apr-2005		7.000%		VA - 80.00%		Paid Off - 360		01-Dec-2004
3058403203 1			60,000.00		59,621.01			06-May-2005		8.750%		MI - 48.00%		Paid Off - 360		01-Sep-2004
3058405597 1			39,200.00		39,104.57			29-Apr-2005		9.625%		VA - 20.00%		Paid Off - 360		01-Dec-2004
3058404498 1			72,150.00		71,902.13			25-May-2005		9.625%		MI - 65.00%		Paid Off - 360		01-Nov-2004
3063400382 1			149,000.00		148,627.58			28-Apr-2005		9.500%		FL - 100.00%		Paid Off - 360		01-Dec-2004
3058404902 1			213,750.00		212,499.42			13-May-2005		6.990%		RI - 89.00%		Paid Off - 360		01-Nov-2004
3076401637 2			115,000.00		114,284.68			05-Apr-2005		7.375%		IL - 66.00%		Paid Off - 360		01-Sep-2004
3058405623 2			100,000.00		99,335.68			20-May-2005		5.500%		MD - 48.00%		Paid Off - 360		01-Dec-2004
3076401642 1			276,000.00		274,404.38			27-Apr-2005		7.750%		IL - 80.00%		Paid Off - 360		01-Sep-2004
3076402398 1			148,000.00		147,114.08			18-May-2005		6.875%		IL - 80.00%		Paid Off - 360		01-Nov-2004
3076401643 2			51,750.00		51,611.64			27-Apr-2005		12.875%		IL - 15.00%		Paid Off - 360		01-Sep-2004
3083400627 2			200,000.00		199,117.55			27-May-2005		7.625%		MA - 69.00%		Paid Off - 360		01-Dec-2004
3076402465 2			13,600.00		13,578.44			18-Apr-2005		11.625%		IL - 20.00%		Paid Off - 360		01-Dec-2004
3083400638 2			195,500.00		194,863.79			17-May-2005		9.125%		RI - 82.00%		Paid Off - 360		01-Dec-2004
3083400159 1			90,500.00		89,966.08			28-Apr-2005		8.250%		RI - 65.00%		Paid Off - 360		01-Aug-2004
3085400229 1			236,000.00		235,289.53			23-May-2005		9.500%		RI - 80.00%		Paid Off - 360		01-Dec-2004
5000107825 1			18,000.00		17,872.26			18-Apr-2005		13.025%		OH - 20.00%		Paid Off - 240		01-Oct-2004
5000093584 1			7,950.00		7,511.39			31-May-2005		11.990%		MI - 5.00%		Paid Off - 120		01-Jun-2004
5000108709 1			50,000.00		48,014.34			27-Apr-2005		7.950%		AZ - 43.00%		Paid Off - 360		01-Oct-2004
5000100121 2			15,450.00		13,198.15			20-May-2005		11.150%		VA - 5.00%		Paid Off - 60		01-Jul-2004
5000108882 2			324,000.00		322,444.32			01-Apr-2005		7.990%		NJ - 80.00%		Paid Off - 360		01-Oct-2004
5000105510 2			5,300.00		5,062.21			17-May-2005		12.250%		WI - 5.00%		Paid Off - 120		01-Aug-2004
5000110373 1			114,300.00		113,694.89			19-Apr-2005		7.500%		WI - 90.00%		Paid Off - 360		01-Oct-2004
5000109512 1			192,000.00		190,955.47			02-May-2005		8.050%		VA - 80.00%		Paid Off - 360		01-Oct-2004
5000110746 1			40,780.00		40,650.77			28-Apr-2005		10.000%		MN - 20.00%		Paid Off - 360		01-Oct-2004
5000109545 2			48,000.00		47,649.13			02-May-2005		13.025%		VA - 20.00%		Paid Off - 240		01-Oct-2004
5000110749 2			474,750.00		469,941.31			18-Apr-2005		7.000%		VA - 90.00%		Paid Off - 360		01-Oct-2004
5000110378 2			90,000.00		89,447.66			05-May-2005		7.750%		IL - 90.00%		Paid Off - 360		01-Oct-2004
5000110771 1			208,000.00		207,143.74			05-Apr-2005		8.750%		IL - 80.00%		Paid Off - 360		01-Oct-2004
5000110596 2			5,000.00		4,819.85			05-May-2005		11.999%		IL - 5.00%		Paid Off - 120		01-Oct-2004
5000110930 1			134,550.00		133,978.82			13-Apr-2005		8.600%		VA - 65.00%		Paid Off - 360		01-Oct-2004
5000113129 1			227,000.00		225,979.44			03-May-2005		8.990%		NY - 100.00%		Paid Off - 360		01-Oct-2004
5000111623 1			244,000.00		242,708.35			18-Apr-2005		7.500%		MN - 80.00%		Paid Off - 360		01-Oct-2004
5240403809 2			207,900.00		206,212.21			18-May-2005		6.625%		CA - 80.00%		Paid Off - 360		01-Sep-2004
5240402133 2			400,000.00		399,897.08			27-Apr-2005		6.500%		CA - 67.00%		Paid Off - 360		01-Jul-2004
5240404109 2			169,600.00		168,319.75			31-May-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Oct-2004
5240402869 1			20,000.00		19,927.67			22-Apr-2005		10.625%		CA - 18.00%		Paid Off - 360		01-Aug-2004
5240404111 1			31,800.00		31,649.86			31-May-2005		8.750%		CA - 15.00%		Paid Off - 360		01-Oct-2004
5240403987 2			484,000.00		484,000.00			20-Apr-2005		8.875%		CA - 80.00%		Paid Off - 360		01-Sep-2004
5240404594 2			329,950.00		329,950.00			13-May-2005		7.875%		CA - 80.00%		Paid Off - 360		01-Oct-2004
5240404008 2			121,000.00		120,735.83			20-Apr-2005		12.375%		CA - 20.00%		Paid Off - 360		01-Sep-2004
5240405566 1			204,000.00		204,000.00			25-May-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5240405013 1			169,600.00		168,342.53			15-Apr-2005		5.750%		CA - 74.00%		Paid Off - 360		01-Oct-2004
5240405788 2			372,000.00		372,000.00			10-May-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5240405333 2			276,000.00		274,181.81			26-Apr-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Oct-2004
5243402082 1			199,500.00		199,483.56			13-May-2005		6.875%		CA - 95.00%		Paid Off - 360		01-Sep-2004
5240405588 2			209,600.00		209,600.00			15-Apr-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5243402877 1			360,000.00		357,410.59			19-May-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Sep-2004
5240405821 1			228,800.00		228,799.96			19-Apr-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5243403291 2			225,000.00		223,381.56			25-May-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Sep-2004
5240405828 1			84,000.00		83,979.70			29-Apr-2005		7.000%		CA - 67.00%		Paid Off - 360		01-Nov-2004
5243403409 2			348,500.00		345,987.55			05-May-2005		7.500%		CA - 85.00%		Paid Off - 360		01-Sep-2004
5240406399 1			87,000.00		86,782.64			21-Apr-2005		9.500%		CA - 20.00%		Paid Off - 360		01-Dec-2004
5243404832 1			285,000.00		283,413.40			04-May-2005		7.250%		CA - 56.00%		Paid Off - 360		01-Nov-2004
5243402605 2			116,000.00		115,928.96			13-Apr-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Oct-2004
5243405039 2			126,500.00		125,937.96			31-May-2005		8.375%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
Page 19 of 27
Page 20 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 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
5243402606 2			29,000.00		28,561.96			13-Apr-2005		10.000%		CA - 20.00%		Paid Off - 360		01-Oct-2004
5243405171 2			215,000.00		213,969.78			03-May-2005		8.000%		CA - 60.00%		Paid Off - 360		01-Nov-2004
5243403884 1			234,000.00		232,514.75			14-Apr-2005		8.500%		CA - 68.00%		Paid Off - 360		01-Nov-2004
5243405175 2			262,000.00		260,647.03			13-May-2005		7.625%		CA - 75.00%		Paid Off - 360		01-Nov-2004
5243404897 1			200,000.00		198,977.28			21-Apr-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5243405665 2			440,000.00		438,568.07			25-May-2005		9.125%		CA - 80.00%		Paid Off - 360		01-Dec-2004
5243405051 1			275,000.00		275,000.00			19-Apr-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5248400593 1			140,000.00		139,438.28			17-May-2005		8.875%		AZ - 100.00%		Paid Off - 360		01-Nov-2004
5243405325 1			268,000.00		268,000.00			11-Apr-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Nov-2004
5248400683 2			140,000.00		139,284.11			24-May-2005		6.875%		AZ - 100.00%		Paid Off - 360		01-Dec-2004
5243405386 1			252,000.00		250,914.80			13-Apr-2005		7.875%		CA - 70.00%		Paid Off - 360		01-Nov-2004
5266400948 2			95,250.00		94,422.55			11-May-2005		6.875%		MN - 75.00%		Paid Off - 360		01-Aug-2004
5243405391 1			92,000.00		91,613.86			11-Apr-2005		7.875%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
5274400641 2			136,000.00		135,214.51			27-May-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
5243405392 2			23,000.00		22,954.82			12-Apr-2005		11.500%		AZ - 20.00%		Paid Off - 360		01-Nov-2004
5277402134 2			207,000.00		206,086.69			04-May-2005		7.625%		IL - 75.00%		Paid Off - 360		01-Dec-2004
5246400499 1			328,000.00		325,804.70			22-Apr-2005		7.000%		CA - 78.00%		Paid Off - 360		01-Sep-2004
5277402273 2			400,000.00		398,190.78			26-May-2005		7.500%		IL - 70.00%		Paid Off - 360		01-Dec-2004
5246400538 2			340,000.00		337,940.79			07-Apr-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Sep-2004
5281400164 2			112,500.00		111,407.21			06-May-2005		6.250%		CA - 52.00%		Paid Off - 360		01-Aug-2004
5248400389 2			66,000.00		65,296.74			29-Apr-2005		9.490%		AZ - 20.00%		Paid Off - 240		01-Oct-2004
5289400447 1			70,550.00		70,298.17			27-May-2005		10.125%		IA - 85.00%		Paid Off - 360		01-Oct-2004
5254400426 2			318,250.00		316,668.18			#######		8.500%		CA - 95.00%		Paid Off - 360		01-Sep-2004
6000000446 1			128,000.00		126,955.08			25-May-2005		6.700%		MD - 80.00%		Paid Off - 360		01-Sep-2004
5254400548 2			225,000.00		223,974.73			22-Apr-2005		8.250%		CA - 67.00%		Paid Off - 360		01-Oct-2004
6000089887 1			53,200.00		52,099.12			23-May-2005		9.500%		FL - 20.00%		Paid Off - 240		01-Apr-2004
5254400725 1			160,000.00		159,439.88			08-Apr-2005		9.625%		CA - 80.00%		Paid Off - 360		01-Oct-2004
6000100493 2			195,000.00		193,767.91			16-May-2005		8.450%		FL - 75.00%		Paid Off - 360		01-Aug-2004
5257401171 2			136,000.00		135,592.74			29-Apr-2005		8.625%		CO - 85.00%		Paid Off - 360		01-Dec-2004
6000102404 1			214,000.00		212,475.42			27-May-2005		7.850%		NJ - 62.00%		Paid Off - 360		01-Aug-2004
5259400913 2			280,250.00		278,709.17			29-Apr-2005		6.500%		CA - 95.00%		Paid Off - 360		01-Nov-2004
6000107157 2			105,750.00		105,196.77			04-May-2005		8.250%		NJ - 75.00%		Paid Off - 360		01-Oct-2004
5274400467 1			108,500.00		108,040.78			25-Apr-2005		8.625%		CA - 70.00%		Paid Off - 360		01-Oct-2004
6000109826 2			96,500.00		95,937.08			05-May-2005		7.700%		GA - 74.00%		Paid Off - 360		01-Oct-2004
5277401370 2			187,000.00		185,892.88			28-Apr-2005		7.625%		IL - 85.00%		Paid Off - 360		01-Sep-2004
6000111511 2			7,500.00		7,268.09			05-May-2005		12.250%		FL - 5.00%		Paid Off - 120		01-Oct-2004
5277401986 1			151,000.00		150,333.74			29-Apr-2005		7.625%		IL - 75.00%		Paid Off - 360		01-Nov-2004
6000111955 2			100,000.00		99,586.90			24-May-2005		9.400%		FL - 36.00%		Paid Off - 360		01-Oct-2004
6000109905 1			128,700.00		128,264.76			01-Apr-2005		9.700%		MD - 65.00%		Paid Off - 360		01-Oct-2004
6000112451 1			70,000.00		69,780.09			06-May-2005		10.700%		FL - 70.00%		Paid Off - 360		01-Oct-2004
6000110507 2			439,120.00		437,015.78			01-Apr-2005		8.000%		NY - 80.00%		Paid Off - 360		01-Oct-2004
6000113388 1			105,000.00		104,336.95			24-May-2005		8.750%		DE - 75.00%		Paid Off - 360		01-Oct-2004
6000110670 2			109,780.00		109,560.70			01-Apr-2005		12.150%		NY - 20.00%		Paid Off - 360		01-Oct-2004
7000105600 2			340,000.00		339,900.83			24-May-2005		5.650%		CA - 80.00%		Paid Off - 360		01-Jul-2004
6000110785 1			240,000.00		238,598.55			22-Apr-2005		7.000%		FL - 80.00%		Paid Off - 360		01-Oct-2004
7000107244 1			55,920.00		55,532.47			03-May-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Aug-2004
6000111704 2			149,520.00		149,520.00			14-Apr-2005		7.900%		GA - 100.00%		Paid Off - 360		01-Oct-2004
7000108312 1			220,000.00		218,946.23			06-May-2005		9.800%		CA - 73.00%		Paid Off - 360		01-Aug-2004
6000112762 1			114,400.00		113,698.77			27-Apr-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Oct-2004
7000110364 1			146,250.00		145,437.84			12-May-2005		8.550%		NJ - 74.00%		Paid Off - 360		01-Sep-2004
6000112794 2			28,600.00		28,481.64			14-Apr-2005		8.725%		FL - 20.00%		Paid Off - 360		01-Oct-2004
7000110431 1			168,000.00		166,535.07			26-May-2005		6.250%		NJ - 80.00%		Paid Off - 360		01-Sep-2004
6000113734 2			132,000.00		131,082.78			18-Apr-2005		6.100%		VA - 80.00%		Paid Off - 360		01-Oct-2004
7000112496 1			156,000.00		155,999.61			03-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Sep-2004
7000113251 2			46,000.00		45,833.49			04-Apr-2005		9.375%		CA - 20.00%		Paid Off - 360		01-Oct-2004
7000112721 2			39,000.00		38,791.99			02-May-2005		8.750%		CA - 20.00%		Paid Off - 360		01-Sep-2004
7000113965 1			304,000.00		303,904.51			13-Apr-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Oct-2004
7000113971 1			170,000.00		169,146.70			25-May-2005		8.750%		HI - 50.00%		Paid Off - 360		01-Oct-2004
7000114000 1			240,000.00		238,836.75			22-Apr-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
7000114304 1			240,000.00		239,997.94			02-May-2005		5.650%		CA - 79.00%		Paid Off - 360		01-Oct-2004
7000114031 2			152,000.00		151,234.31			12-Apr-2005		7.750%		VA - 80.00%		Paid Off - 360		01-Oct-2004
7000114317 2			60,000.00		59,698.53			02-May-2005		8.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
7000114053 2			57,000.00		56,818.60			13-Apr-2005		9.990%		CA - 15.00%		Paid Off - 360		01-Oct-2004
7000114517 2			217,600.00		216,343.16			13-May-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
7000114072 1			60,000.00		59,900.78			22-Apr-2005		13.000%		CA - 20.00%		Paid Off - 360		01-Oct-2004
7000114575 1			318,600.00		316,463.43			17-May-2005		6.990%		WA - 90.00%		Paid Off - 360		01-Oct-2004
7000115044 2			61,600.00		61,458.15			05-Apr-2005		11.500%		CA - 20.00%		Paid Off - 360		01-Oct-2004
8000014872 2			152,000.00		150,644.68			02-May-2005		6.700%		NJ - 80.00%		Paid Off - 360		01-Aug-2004
8000013521 2			150,000.00		148,780.62			21-Apr-2005		8.700%		NJ - 80.00%		Paid Off - 360		01-Aug-2004
8000015356 2			86,000.00		85,187.97			02-May-2005		6.400%		MA - 26.00%		Paid Off - 360		01-Aug-2004
8000016572 1			253,000.00		252,336.70			25-Apr-2005		10.900%		NY - 59.00%		Paid Off - 360		01-Oct-2004
8000015709 1			273,750.00		272,741.85			06-May-2005		9.950%		NJ - 75.00%		Paid Off - 360		01-Oct-2004
8000018372 2			220,000.00		218,891.77			21-Apr-2005		7.750%		NJ - 100.00%		Paid Off - 360		01-Oct-2004
8000016171 1			424,000.00		421,829.81			19-May-2005		8.950%		NJ - 100.00%		Paid Off - 360		01-Sep-2004
8000018777 2			156,600.00		155,779.18			29-Apr-2005		7.550%		NJ - 90.00%		Paid Off - 360		01-Oct-2004
8000018297 1			173,000.00		172,199.62			19-May-2005		8.850%		NJ - 71.00%		Paid Off - 360		01-Oct-2004
Page 20 of 27
Page 21 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 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
8000019038 2			113,600.00		113,050.11			27-Apr-2005		7.950%		NJ - 80.00%		Paid Off - 360		01-Oct-2004
8000019026 2			288,000.00		286,269.37			05-May-2005		7.550%		NJ - 90.00%		Paid Off - 360		01-Oct-2004
8000020062 2			486,000.00		483,595.39			07-Apr-2005		7.840%		NJ - 90.00%		Paid Off - 360		01-Oct-2004
TOTAL			21,164,207.00		21,053,505.50
8000020109 1			186,500.00		186,500.00			28-Apr-2005		7.100%		NJ - 82.00%		Paid Off - 360		01-Oct-2004
Page 22 of 28
8000020873 2			397,000.00		394,295.39			21-Apr-2005		6.200%		NY - 84.00%		Paid Off - 360		01-Oct-2004
TOTAL			20,751,853.00		20,600,914.19
Page 21 of 27
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
											Group 2		Group 1		Total
Current
Number of Loans Liquidated										31		104		135
Collateral Principal Realized Loss/(Gain) Amount										596,~~457~~892.7325		~~228~~16,~~756~~169.5881		~~288~~23,~~214~~062.3106
Collateral Interest Realized Loss/(Gain) Amount										0.00		03,681.0088		03,681.0088
Net Liquidation Proceeds										~~(3,880~~0.~~68)~~00		~~(13~~393,~~263~~700.~~73)~~44		~~(17~~393,~~144~~700.~~41)~~44
Cumulative
Number of Loans Liquidated										56		1216		1722
Collateral Realized Loss/(Gain) Amount										~~138~~145,~~703~~596.8409		~~277~~293,~~537~~706.1091		~~416~~439,~~240~~303.9400
Net Liquidation Proceeds										32,510.15		~~(15~~377,~~985~~714.~~78)~~66		16410,~~524~~224.3781
Page 22 of 27
Page 23 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
DEFAULT SPEEDS
											Group 2		Group 1		Total
MDR										0.0100%		0.0611%		0.0406%
3 Months Avg MDR										0.01%		0.0206%		0.0204%
12 Months Avg MDR										0.01%		0.0204%		0.0102%
Avg MDR Since Cut-off										0.01%		0.0204%		0.0102%
CDR										0.1802%		01.7037%		0.4469%
3 Months Avg CDR										0.1813%		0.2874%		0.2343%
12 Months Avg CDR										0.1311%		0.2144%		0.1728%
Avg CDR Since Cut-off										0.1311%		0.2144%		0.1728%
SDA										10.1113%		47.4064%		23.7485%
3 Months Avg SDA Approximation										10.2480%		24.0163%		12.6269%
12 Months Avg SDA Approximation										10.0078%		13.6218%		1.3196%
Avg SDA Since Cut-off Approximation										10.0078%		13.6218%		1.3196%
Loss Severity Approximation for Current Period										~~106~~100.9800%		~~106~~3.1695%		~~106~~5.3253%
3 Months Avg Loss Severity Approximation										79104.0302%		7072.6900%		7872.9343%
12 Months Avg Loss Severity Approximation										5967.2742%		5343.0220%		5948.1946%
Avg Loss Severity Approximation Since Cut-off										5967.2742%		5343.0220%		5948.1946%
Page 23 of 27
Page 24 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 24 of 27
Page 25 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 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)
1000152486 1
1000170855 1
			10.490%		FL - 5.00%		120		9,277.12				9,277.12		0.00
			11.990%		GA - 5.00%		120		10,976.62				10,976.62		0.00
1000188658 1			10.900%		CA - 20.00%		360		31,940.62				31,940.62		0.00
5243402973 1			8.875%		CA - 80.00%		360		308,388.80				0.00		0.00
5000109692 1			11.625%		MT - 5.00%		60		5,528.00				5,528.00		0.00
6000100220 1			10.875%		MD - 20.00%		360		54,767.99				231.66		0.00
5000109771 1			11.500%		GA - 20.00%		360		30,350.48				30,350.48		0.00
7000111171 1			11.990%		WA - 20.00%		360		35,736.84				35,736.84		0.00
5000110274 1			11.500%		TX - 20.00%		240		39,323.47				39,323.47		0.00
5000098114 2			11.990%		GA - 5.00%		120		6,892.25				6,892.25		0.00
5000110565 1			12.990%		TX - 20.00%		240		22,099.73				22,099.73		0.00
TOTAL									416,762.50			53,837.37		0.00
6000102895 1			12.125%		GA - 20.00%		240		43,625.74				43,625.74		0.00
Page 26 of 28
6000110045 1			12.250%		FL - 5.00%		120		8,754.31				8,754.31		0.00
6000114499 1			12.250%		SC - 5.00%		120		6,846.94				6,846.94		0.00
8000012381 1			11.999%		NY - 5.00%		120		17,746.44				17,746.44		0.00
5000112035 2			13.025%		GA - 20.00%		360		31,563.25				31,563.25		0.00
6000110620 2			12.250%		MA - 5.00%		180		18,810.47				18,810.47		0.00
6000110743 2			11.999%		GA - 5.00%		60		5,203.33				5,203.33		0.00
TOTAL									271,069.90			271,069.90		0.00
Page 25 of 27
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
										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								1822,~~838~~307,~~670~~145.9933
						(2) Stated Principal Balance								~~718~~696,~~439~~433,~~948~~308.6309
						60+ Day Delinquency % ( (1)/(2) )								23.6220%
						(3) 37% of Senior Enhancement %								8.4875%
						(ii) The quotient of ( (4)/(5) > (6))
						(4) Aggregate Cumulative Realized Loss								~~416~~439,~~240~~303.9400
						(5) Cutoff Date Pool Principal Balance								502,868,307.00
						Trigger Event Loss % ( (4)/(5) )								0.00%
						(6) Applicable Loss %								0.00%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														1,~~935~~882,~~975~~945.5869
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00
Current LIBOR Rate														3.~~020000~~090000%
Next LIBOR Rate														3.~~090000~~314380%
Page 26 of 27
Page 27 of 28
GSAMP Trust 2005-HE1
Asset Backed Certificates
2005-HE1
May 25, 2005 Distribution
June 27, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current Scheduled Payments														54,~~089~~935,~~240~~056.4756
Current Scheduled Payments 1 Month Prior														5,~~232~~089,~~347~~240.1247
Current Scheduled Payments 2 Month Prior														5,~~325~~232,~~868~~347.7712
Current Scheduled Payments 3 Month Prior														5,~~436~~325,~~164~~868.6477
Current Scheduled Payments 4 Month Prior														05,436,164.0064
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														~~158~~194,~~710~~162.8154
Delinq. 60+ Sched. Pmnts, 1 Month Prior														~~140~~158,~~012~~710.5081
Delinq. 60+ Sched. Pmnts, 2 Month Prior														~~117~~140,~~495~~012.1450
Delinq. 60+ Sched. Pmnts, 3 Month Prior														55117,~~745~~495.4414
Delinq. 60+ Sched. Pmnts, 4 Month Prior														055,745.0044
Delinq. 60+ Sched. Pmnts, 5 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior														0.00
Page 27 of 27
Page 28 of 28

Filing Compare · GS Mortgage GSAMP Trust 2005-HE1