                                      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):  July 25, 2005
                (Date of earliest event reported)

                GS Mortgage Securities Corp. (as Depositor under the
               Pooling and Servicing Agreement, dated as June 1, 2005,
               providing for the issuance of GSAMP Trust 2005-HE3 Mortgage
                      Pass-Through Certificates Series 2005-HE3)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-120274-26                          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
     July 25, 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 Corp., Registrant


          Date:  Jul 27, 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 July 25, 2005.



GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						2. Collection Account Report					4
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					11

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					21
										11. Realized Loss Detail Report					24
				Servicer(s)						11. Realized Loss Detail Report					24
				Servicer(s)						12. Triggers and Adj. Cert. Report					25
				Wilshire Servicing Corp.						12. Triggers and Adj. Cert. Report					25
				Wilshire Servicing Corp.						13. Additional Certificate Report					26
				Countrywide Funding Corporation						13. Additional Certificate Report					26
				Countrywide Funding Corporation
				Chase Securities, Inc


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					26
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			June 01, 2005			Hang Luu
				Close Date:			June 30, 2005			Administrator
				First Distribution Date:			July 25, 2005			(714) 247-6000
										hang-thai.luu@db.com
										hang-thai.luu@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			July 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			June 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							July 22, 2005
							July 22, 2005

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






Page 1 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


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

A-1A	SR	$	256,997,000.00		256,997,000.00		635,353.69		9,382,030.01		10,017,383.70		0.00		0.00		247,614,969.99
A-1A	SR	$	256,997,000.00		256,997,000.00		635,353.69		9,382,030.01		10,017,383.70		0.00		0.00		247,614,969.99
A-1B	SR	$	64,249,000.00		64,249,000.00		160,176.33		2,345,498.38		2,505,674.71		0.00		0.00		61,903,501.62
A-2A	SR	$	382,945,000.00		382,945,000.00		909,494.38		22,202,407.76		23,111,902.14		0.00		0.00		360,742,592.24
A-2B	SR	$	197,691,000.00		197,691,000.00		487,363.23		0.00		487,363.23		0.00		0.00		197,691,000.00
A-2C	SR	$	93,421,000.00		93,421,000.00		240,688.83		0.00		240,688.83		0.00		0.00		93,421,000.00
M-1	MEZ	$	96,487,000.00		96,487,000.00		254,618.47		0.00		254,618.47		0.00		0.00		96,487,000.00
M-2	MEZ	$	75,117,000.00		75,117,000.00		208,658.33		0.00		208,658.33		0.00		0.00		75,117,000.00
M-3	MEZ	$	20,722,000.00		20,722,000.00		57,992.82		0.00		57,992.82		0.00		0.00		20,722,000.00
M-4	MEZ	$	19,427,000.00		19,427,000.00		61,114.10		0.00		61,114.10		0.00		0.00		19,427,000.00
B-1	SUB	$	18,780,000.00		18,780,000.00		61,035.00		0.00		61,035.00		0.00		0.00		18,780,000.00
B-2	SUB	$	16,189,000.00		16,189,000.00		57,111.19		0.00		57,111.19		0.00		0.00		16,189,000.00
B-3	SUB	$	14,894,000.00		14,894,000.00		60,300.01		0.00		60,300.01		0.00		0.00		14,894,000.00
X	NOF	$	38,206,004.14		38,206,004.14		3,593,902.33		0.00		3,593,902.33		0.00		189.38		38,206,193.52
P	NOF	$	0.00		0.00		491,687.53		0.00		491,687.53		0.00		0.00		0.00
R-1	RES	$	100.00		100.00		0.00		100.00		100.00		0.00		0.00		0.00
R-2	RES	$	100.00		100.00		0.00		100.00		100.00		0.00		0.00		0.00


Total			1,295,125,204.14		1,295,125,204.14		7,279,496.24		33,930,136.15		41,209,632.39		0.00		189.38		1,261,195,257.37
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	06/30/05		07/24/05		A-Act/360		362341CA5		256,997,000.00		1,000.000000		2.472222		36.506379		38.978602	963.493621
A-1B	06/30/05		07/24/05		A-Act/360		362341BL2		64,249,000.00		1,000.000000		2.493056		36.506380		38.999435	963.493620
A-2A	06/30/05		07/24/05		A-Act/360		362341BM0		382,945,000.00		1,000.000000		2.375000		57.978059		60.353059	942.021941
A-2B	06/30/05		07/24/05		A-Act/360		362341BN8		197,691,000.00		1,000.000000		2.465278		0.000000		2.465278	1,000.000000
A-2C	06/30/05		07/24/05		A-Act/360		362341BP3		93,421,000.00		1,000.000000		2.576389		0.000000		2.576389	1,000.000000
M-1	06/30/05		07/24/05		A-Act/360		362341BQ1		96,487,000.00		1,000.000000		2.638889		0.000000		2.638889	1,000.000000
M-2	06/30/05		07/24/05		A-Act/360		362341BR9		75,117,000.00		1,000.000000		2.777778		0.000000		2.777778	1,000.000000
M-3	06/30/05		07/24/05		A-Act/360		362341BS7		20,722,000.00		1,000.000000		2.798611		0.000000		2.798611	1,000.000000
M-4	06/30/05		07/24/05		A-Act/360		362341BT5		19,427,000.00		1,000.000000		3.145833		0.000000		3.145833	1,000.000000
B-1	06/30/05		07/24/05		A-Act/360		362341BU2		18,780,000.00		1,000.000000		3.250000		0.000000		3.250000	1,000.000000
B-2	06/30/05		07/24/05		A-Act/360		362341BV0		16,189,000.00		1,000.000000		3.527778		0.000000		3.527778	1,000.000000
B-3	06/30/05		07/24/05		A-Act/360		362341BW8		14,894,000.00		1,000.000000		4.048611		0.000000		4.048611	1,000.000000
X	06/30/05		07/24/05		A-30/360		362341BZ1		38,206,004.14		1,000.000000		94.066428		0.000000		94.066428	1,000.004957
P	06/30/05		07/24/05		A-30/360		362341CB3		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-1	06/30/05		07/24/05		A-30/360		362341BX6		100.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
R-2	06/30/05		07/24/05		A-30/360		362341BY4		100.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000




Page 2 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 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-1A	256,997,000.00		635,353.69		9,161,418.91		220,611.10		9,382,030.01		10,017,383.70		0.00		0.00		247,614,969.99
A-1B	64,249,000.00		160,176.33		2,290,345.82		55,152.56		2,345,498.38		2,505,674.71		0.00		0.00		61,903,501.62
A-2A	382,945,000.00		909,494.38		21,680,335.49		522,072.27		22,202,407.76		23,111,902.14		0.00		0.00		360,742,592.24
A-2B	197,691,000.00		487,363.23		0.00		0.00		0.00		487,363.23		0.00		0.00		197,691,000.00
A-2C	93,421,000.00		240,688.83		0.00		0.00		0.00		240,688.83		0.00		0.00		93,421,000.00
M-1	96,487,000.00		254,618.47		0.00		0.00		0.00		254,618.47		0.00		0.00		96,487,000.00
M-2	75,117,000.00		208,658.33		0.00		0.00		0.00		208,658.33		0.00		0.00		75,117,000.00
M-3	20,722,000.00		57,992.82		0.00		0.00		0.00		57,992.82		0.00		0.00		20,722,000.00
M-4	19,427,000.00		61,114.10		0.00		0.00		0.00		61,114.10		0.00		0.00		19,427,000.00
B-1	18,780,000.00		61,035.00		0.00		0.00		0.00		61,035.00		0.00		0.00		18,780,000.00
B-2	16,189,000.00		57,111.19		0.00		0.00		0.00		57,111.19		0.00		0.00		16,189,000.00
B-3	14,894,000.00		60,300.01		0.00		0.00		0.00		60,300.01		0.00		0.00		14,894,000.00
X	38,206,004.14		3,593,902.33		-184.93		-4.45		0.00		3,593,902.33		0.00		189.38		38,206,193.52
P	0.00		491,687.53		0.00		0.00		0.00		491,687.53		0.00		0.00		0.00
R-1	100.00		0.00		97.65		2.35		100.00		100.00		0.00		0.00		0.00
R-2	100.00		0.00		97.65		2.35		100.00		100.00		0.00		0.00		0.00


Total	1,295,125,204.14		7,279,496.24		33,132,110.59		797,836.18		33,930,136.15		41,209,632.39		0.00		189.38		1,261,195,257.37


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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	3.56000%		256,997,000.00		635,353.69		0.00		0.00		0.00		635,353.69		635,353.69		0.00
A-1B	3.59000%		64,249,000.00		160,176.33		0.00		0.00		0.00		160,176.33		160,176.33		0.00
A-2A	3.42000%		382,945,000.00		909,494.38		0.00		0.00		0.00		909,494.38		909,494.38		0.00
A-2B	3.55000%		197,691,000.00		487,363.23		0.00		0.00		0.00		487,363.23		487,363.23		0.00
A-2C	3.71000%		93,421,000.00		240,688.83		0.00		0.00		0.00		240,688.83		240,688.83		0.00
M-1	3.80000%		96,487,000.00		254,618.47		0.00		0.00		0.00		254,618.47		254,618.47		0.00
M-2	4.00000%		75,117,000.00		208,658.33		0.00		0.00		0.00		208,658.33		208,658.33		0.00
M-3	4.03000%		20,722,000.00		57,992.82		0.00		0.00		0.00		57,992.82		57,992.82		0.00
M-4	4.53000%		19,427,000.00		61,114.10		0.00		0.00		0.00		61,114.10		61,114.10		0.00
B-1	4.68000%		18,780,000.00		61,035.00		0.00		0.00		0.00		61,035.00		61,035.00		0.00
B-2	5.08000%		16,189,000.00		57,111.19		0.00		0.00		0.00		57,111.19		57,111.19		0.00
B-3	5.83000%		14,894,000.00		60,300.01		0.00		0.00		0.00		60,300.01		60,300.01		0.00
X	135.46279%		38,206,004.14		0.00		0.00		0.00		0.00		0.00		3,594,091.71		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		491,687.53		0.00
R-1	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,295,125,204.14		3,193,906.38		0.00		0.00		0.00		3,193,906.38		7,279,685.62		0.00



Page 3 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										21,955,968.07		11,610,073.05		33,566,041.12
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts												0.00		363,905.65
TOTAL NET PRINCIPAL										21,955,968.07		11,610,073.05		33,929,946.77
Interest Collections										13,609,123.32		6,264,402.03		7,333,764.77
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										491,687.53		491,687.53		-33,399.94
Interest Fees										-20,679.21		-20,679.21		-20,679.21
TOTAL NET INTEREST										6,735,410.35		6,735,410.35		7,279,685.62
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										28,691,378.42		18,345,483.40		41,209,632.39



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											488,714.42		309,121.76		797,836.18
Prepayments In Full											17,046,675.54		7,986,933.98		25,033,609.52
Curtailments											48,126.86		16,374.74		64,501.60
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Repurchased Principal Amounts											4,372,451.25		3,297,642.57		7,670,093.82
Other Principal											0.00		0.00		363,905.65
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-483,479.43		-306,795.53		-790,274.96
Advanced Principal											483,479.43		306,795.53		790,274.96
TOTAL PRINCIPAL COLLECTED											21,955,968.07		11,610,073.05		33,566,041.12


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL OTHER ACCOUNTS PRINCIPAL												0.00		363,905.65





Page 4 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										5,282,762.96		2,521,805.30		7,804,568.26
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										27,270.38		23,428.20		50,698.58
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-0.00
Prepayment Interest Shortfalls										-40,786.57		-16,703.60		-57,490.17
Compensating Interest														57,490.17
Delinquent Interest										-5,128,262.46		-2,476,527.38		-7,604,789.84
Interest Advanced										4,775,005.37		2,308,282.40		7,083,287.77
TOTAL INTEREST COLLECTED										13,609,123.32		6,264,402.03		7,333,764.77


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
Nonrecoverable Advances
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														491,687.53
SWAP Payment Received from GSMS														2,882,659.45
SWAP Amount Paid to GSMS														-3,407,746.92
TOTAL INTEREST OTHER ACCOUNTS										491,687.53		491,687.53		-33,399.94



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										12,095.80		5,886.00		#######
Current Trustee Fees										1,826.76		870.65		2,697.42
Custodian Fees														0.00
TOTAL INTEREST OTHER FEES										20,679.21		20,679.21		20,679.21




Page 5 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Excess Reserve Fund Begining Balance
Excess Reserve Fund Amount Deposited
Excess Reserve Fund Amount Withdrawn
Excess Reserve Fund Ending Balance



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														38,206,193.52
Overcollateralization Target Amount														38,206,193.52
Overcollateralization Deficiency Amount														189.38
Overcollateralization Release Amount														0.00




Page 6 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										4,841		2,814		7,655
Prior										4,841		2,814		7,655
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-72		-44		-116
Repurchases										-21		-20		-41
Liquidations										-0		-0		-0
Current										4,748		2,750		7,498
Principal Balance:


Original										876,846,967.83		417,914,330.66		1,294,761,298.49
Prior										876,846,967.83		417,914,330.66		1,294,761,298.49
Prefunding										0.00		0.00		0.00
Scheduled Principal										-488,714.42		-309,121.76		-797,836.18
Partial Prepayments										-48,126.86		-16,374.74		-64,501.60
Full Voluntary Prepayments										-17,046,675.54		-7,986,933.98		-25,033,609.52
Repurchases										-4,372,451.25		-3,297,642.57		-7,670,093.82
Liquidations										-0.00		-0.00		-0.00
Current										854,890,999.76		406,304,257.61		1,261,195,257.37





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.26699%		7.37388%		7.30149%
Weighted Average Coupon Prior										7.26699%		7.37388%		7.30149%
Weighted Average Coupon Current										7.26699%		7.37388%		7.30149%
Weighted Average Months to Maturity Original										350		345		349
Weighted Average Months to Maturity Prior										350		345		349
Weighted Average Months to Maturity Current										350		345		349
Weighted Avg Remaining Amortization Term Original										350		345		349
Weighted Avg Remaining Amortization Term Prior										350		345		349
Weighted Avg Remaining Amortization Term Current										350		345		349
Weighted Average Seasoning Original										4.84		5.27		4.98
Weighted Average Seasoning Prior										4.84		5.27		4.98
Weighted Average Seasoning Current										4.84		5.27		4.98









Page 8 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.35770%		6.11299%		6.28257%
Weighted Average Margin Prior										6.35770%		6.11299%		6.28257%
Weighted Average Margin Current										6.35770%		6.11299%		6.28257%
Weighted Average Max Rate Original										13.62709%		14.12724%		13.78063%
Weighted Average Max Rate Prior										13.62709%		14.12724%		13.78063%
Weighted Average Max Rate Current										13.62709%		14.12724%		13.78063%
Weighted Average Min Rate Original										7.12194%		7.24379%		7.15934%
Weighted Average Min Rate Prior										7.12194%		7.24379%		7.15934%
Weighted Average Min Rate Current										7.12194%		7.24379%		7.15934%
Weighted Average Cap Up Original										1.26298%		1.44164%		1.31783%
Weighted Average Cap Up Prior										1.26298%		1.44164%		1.31783%
Weighted Average Cap Up Current										1.26298%		1.44164%		1.31783%
Weighted Average Cap Down Original										1.26298%		1.44164%		1.31783%
Weighted Average Cap Down Prior										1.26298%		1.44164%		1.31783%
Weighted Average Cap Down Current										1.26298%		1.44164%		1.31783%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										12,095.80		5,886.00		17,981.80
Delinquent Servicing Fees										353,257.11		168,244.97		521,502.08
TOTAL SERVICING FEES										365,352.91		174,130.98		539,483.89


Compensating Interest														-57,490.17
Delinquent Servicing Fees										-353,257.11		-168,244.97		-521,502.08
COLLECTED SERVICING FEES														-39,508.36


Aggregate Advances with respect to this Distribution														7,873,562.72





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall														0.00

Current LIBOR Rate														3.330000%

Next LIBOR Rate														3.460000%




Page 9 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				45,293,371.11		6,102,238.37		2,563,999.42		53,959,608.90
			% Balance				3.59%		0.48%		0.20%		4.28%
			# Loans				284		45		14		343
			% # Loans				3.79%		0.60%		0.19%		4.57%
	FORECLOSURE		Balance		0.00		0.00		502,073.96		0.00		502,073.96
			% Balance		0.00%		0.00%		0.04%		0.00%		0.04%
			# Loans		0		0		5		0		5
			% # Loans		0.00%		0.00%		0.07%		0.00%		0.07%
	BANKRUPTCY		Balance		790,964.34		118,676.75		378,063.26		0.00		1,287,704.35
			% Balance		0.06%		0.01%		0.03%		0.00%		0.10%
			# Loans		8		1		3		0		12
			% # Loans		0.11%		0.01%		0.04%		0.00%		0.16%
	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		790,964.34		45,412,047.86		6,982,375.59		2,563,999.42		55,749,387.21
			% Balance		0.06%		3.60%		0.55%		0.20%		4.42%
			# Loans		8		285		53		14		360
			% # Loans		0.11%		3.80%		0.71%		0.19%		4.80%









Page 10 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 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 11 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 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
3024486 2
3024486 2			155,200.00		154,473.58		01-Mar-2005		6.375%		CO - 80.00%		360		01-Mar-2005

3024493 2			64,600.00		64,411.43		01-Mar-2005		8.750%		NC - 95.00%		360		01-Mar-2005
3024498 2			128,000.00		127,421.03		01-Mar-2005		7.500%		GA - 84.77%		360		01-Feb-2005
3028104 2			105,750.00		105,444.49		01-Mar-2005		8.800%		GA - 90.00%		360		01-Mar-2005
3028154 2			50,470.00		50,323.43		01-Mar-2005		8.775%		SC - 100.00%		360		01-Mar-2005


TOTAL			504,020.00		502,073.96


Page 12 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										72		44		116
Number of Repurchased Loans										21		20		41
Total Number of Loans Prepaid in Full										93		64		157
Curtailments Amount										48,126.86		16,374.74		64,501.60
Paid in Full Balance										17,046,675.54		7,986,933.98		25,033,609.52
Repurchased Loans Balance										4,372,451.25		3,297,642.57		7,670,093.82
Total Prepayment Amount										21,467,253.65		11,300,951.29		32,768,204.94

Cumulative


Number of Paid in Full Loans										72		44		116
Number of Repurchased Loans										21		20		41
Total Number of Loans Prepaid in Full										93		64		157
Paid in Full Balance										17,046,675.54		7,986,933.98		25,033,609.52
Repurchased Loans Balance										4,372,451.25		3,297,642.57		7,670,093.82
Curtailments Amount										48,126.86		16,374.74		64,501.60
Total Prepayment Amount										21,467,253.65		11,300,951.29		32,768,204.94










Page 13 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										2.45%		2.71%		2.53%
3 Months Avg SMM										2.45%		2.71%		2.53%
12 Months Avg SMM										2.45%		2.71%		2.53%
Avg SMM Since Cut-off										2.45%		2.71%		2.53%


CPR										25.74%		28.05%		26.49%
3 Months Avg CPR										25.74%		28.05%		26.49%
12 Months Avg CPR										25.74%		28.05%		26.49%
Avg CPR Since Cut-off										25.74%		28.05%		26.49%


PSA										2,659.70%		2,661.63%		2,661.23%
3 Months Avg PSA Approximation										2,659.70%		2,661.63%		2,661.23%
12 Months Avg PSA Approximation										2,659.70%		2,661.63%		2,661.23%
Avg PSA Since Cut-off Approximation										2,659.70%		2,661.63%		2,661.23%










Page 14 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 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 15 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 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 Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1621169 1			69,875.00		68,937.51			29-Jun-2005		11.650%		PA - 19.99%		Paid Off - 240		01-Jul-2004
			69,875.00

1639258 2			263,142.00		260,087.84			13-Jun-2005		7.850%		CA - 100.00%		Paid Off - 360		01-Aug-2004
1639258 2					260,087.84			13-Jun-2005		7.850%		CA - 100.00%		Paid Off - 360		01-Aug-2004
1787802 2			25,600.00		25,373.96			10-Jun-2005		11.600%		FL - 20.00%		Paid Off - 240		01-Nov-2004
1787802 2					25,373.96			10-Jun-2005		11.600%		FL - 20.00%		Paid Off - 240		01-Nov-2004
1818101 2			68,600.00		68,426.33			28-Jun-2005		11.700%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1818101 2					68,426.33			28-Jun-2005		11.700%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1838407 2			255,707.00		255,707.00			13-Jun-2005		5.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1838407 2					255,707.00			13-Jun-2005		5.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1838408 2			63,926.00		63,743.41			13-Jun-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1838408 2					63,743.41			13-Jun-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1859239 2			266,000.00		265,231.50			10-Jun-2005		8.800%		NJ - 95.00%		Paid Off - 360		01-Feb-2005
1859239 2					265,231.50			10-Jun-2005		8.800%		NJ - 95.00%		Paid Off - 360		01-Feb-2005
1860122 2			21,150.00		20,973.72			16-Jun-2005		12.650%		VA - 15.00%		Paid Off - 240		01-Nov-2004
1860122 2					20,973.72			16-Jun-2005		12.650%		VA - 15.00%		Paid Off - 240		01-Nov-2004
1885349 1			58,400.00		58,203.72			23-Jun-2005		9.870%		MN - 20.00%		Paid Off - 360		01-Dec-2004
1885349 1					58,203.72			23-Jun-2005		9.870%		MN - 20.00%		Paid Off - 360		01-Dec-2004
1903512 2			63,767.00		63,654.78			15-Jun-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Apr-2005
1903512 2					63,654.78			15-Jun-2005		10.100%		CA - 20.00%		Paid Off - 360		01-Apr-2005
1904733 2			126,000.00		125,496.94			29-Jun-2005		8.900%		UT - 90.00%		Paid Off - 360		01-Dec-2004
1904733 2					125,496.94			29-Jun-2005		8.900%		UT - 90.00%		Paid Off - 360		01-Dec-2004
1935502 2			267,382.00		267,382.00			15-Jun-2005		7.350%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1935502 2					267,382.00			15-Jun-2005		7.350%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1936150 2			66,845.00		66,665.72			15-Jun-2005		10.050%		CA - 20.00%		Paid Off - 360		01-Jan-2005
1936150 2					66,665.72			15-Jun-2005		10.050%		CA - 20.00%		Paid Off - 360		01-Jan-2005
1975838 1			286,200.00		284,626.45			27-Jun-2005		6.500%		CA - 90.00%		Paid Off - 360		01-Jan-2005
1975838 1					284,626.45			27-Jun-2005		6.500%		CA - 90.00%		Paid Off - 360		01-Jan-2005
2001759 2			636,000.00		636,000.00			15-Jun-2005		6.050%		CA - 80.00%		Paid Off - 360		01-Mar-2005
2001759 2					636,000.00			15-Jun-2005		6.050%		CA - 80.00%		Paid Off - 360		01-Mar-2005
2008967 1			314,000.00		312,094.25			13-Jun-2005		4.990%		CA - 74.06%		Paid Off - 360		01-Feb-2005
2008967 1					312,094.25			13-Jun-2005		4.990%		CA - 74.06%		Paid Off - 360		01-Feb-2005
2010304 1			158,000.00		157,418.41			30-Jun-2005		6.450%		VA - 65.83%		Paid Off - 360		01-Mar-2005
2010304 1					157,418.41			30-Jun-2005		6.450%		VA - 65.83%		Paid Off - 360		01-Mar-2005
2024706 1			161,250.00		160,808.44			23-Jun-2005		7.950%		OH - 75.00%		Paid Off - 360		01-Mar-2005
2024706 1					160,808.44			23-Jun-2005		7.950%		OH - 75.00%		Paid Off - 360		01-Mar-2005
2029444 2			395,000.00		393,943.58			24-Jun-2005		6.600%		CA - 75.24%		Paid Off - 360		01-Apr-2005
2029444 2					393,943.58			24-Jun-2005		6.600%		CA - 75.24%		Paid Off - 360		01-Apr-2005
3024412 2			103,200.00		102,153.39			15-Jun-2005		8.250%		NC - 72.22%		Paid Off - 360		01-Mar-2005
3024412 2					102,153.39			15-Jun-2005		8.250%		NC - 72.22%		Paid Off - 360		01-Mar-2005
3024451 2			89,250.00		89,002.04			09-Jun-2005		8.990%		GA - 85.00%		Paid Off - 360		01-Feb-2005
3024451 2					89,002.04			09-Jun-2005		8.990%		GA - 85.00%		Paid Off - 360		01-Feb-2005
3026130 2			159,300.00		159,300.00			09-Jun-2005		9.090%		IL - 90.00%		Paid Off - 360		01-Mar-2005
3026130 2					159,300.00			09-Jun-2005		9.090%		IL - 90.00%		Paid Off - 360		01-Mar-2005
3028129 2			124,800.00		124,490.70			01-Jun-2005		6.990%		FL - 80.00%		Paid Off - 360		01-Apr-2005
3028129 2					124,490.70			01-Jun-2005		6.990%		FL - 80.00%		Paid Off - 360		01-Apr-2005
3029529 2			50,100.00		49,820.87			22-Jun-2005		8.750%		GA - 89.95%		Paid Off - 360		01-Feb-2005
3029529 2					49,820.87			22-Jun-2005		8.750%		GA - 89.95%		Paid Off - 360		01-Feb-2005
3029677 2			87,200.00		86,980.90			09-Jun-2005		8.375%		FL - 80.00%		Paid Off - 360		01-Mar-2005
3029677 2					86,980.90			09-Jun-2005		8.375%		FL - 80.00%		Paid Off - 360		01-Mar-2005
3029700 2			184,300.00		183,825.02			22-Jun-2005		8.250%		FL - 95.00%		Paid Off - 360		01-Mar-2005
3029700 2					183,825.02			22-Jun-2005		8.250%		FL - 95.00%		Paid Off - 360		01-Mar-2005
3029705 2			133,600.00		133,272.79			10-Jun-2005		8.500%		MD - 80.00%		Paid Off - 360		01-Mar-2005
3029705 2					133,272.79			10-Jun-2005		8.500%		MD - 80.00%		Paid Off - 360		01-Mar-2005
3029706 2			70,000.00		69,825.25			21-Jun-2005		8.500%		MS - 60.87%		Paid Off - 360		01-Mar-2005
3029706 2					69,825.25			21-Jun-2005		8.500%		MS - 60.87%		Paid Off - 360		01-Mar-2005
3038601 2			234,000.00		233,298.79			01-Jun-2005		7.500%		NJ - 60.00%		Paid Off - 360		01-Mar-2005
3038601 2					233,298.79			01-Jun-2005		7.500%		NJ - 60.00%		Paid Off - 360		01-Mar-2005
3038816 2			189,000.00		188,532.51			28-Jun-2005		7.000%		DC - 58.15%		Paid Off - 360		01-Apr-2005
3038816 2					188,532.51			28-Jun-2005		7.000%		DC - 58.15%		Paid Off - 360		01-Apr-2005
3039632 2			248,500.00		248,021.34			03-Jun-2005		8.250%		VA - 70.00%		Paid Off - 360		01-Apr-2005
3039632 2					248,021.34			03-Jun-2005		8.250%		VA - 70.00%		Paid Off - 360		01-Apr-2005
3040025 2			255,600.00		254,712.28			30-Jun-2005		6.750%		MD - 90.00%		Paid Off - 360		01-Mar-2005
3040025 2					254,712.28			30-Jun-2005		6.750%		MD - 90.00%		Paid Off - 360		01-Mar-2005
3049829 2			212,500.00		211,891.09			14-Jun-2005		8.840%		CA - 85.00%		Paid Off - 360		01-Feb-2005
3049829 2					211,891.09			14-Jun-2005		8.840%		CA - 85.00%		Paid Off - 360		01-Feb-2005
3052038 2			133,000.00		132,812.33			22-Jun-2005		9.750%		NJ - 95.00%		Paid Off - 360		01-Apr-2005
3052038 2					132,812.33			22-Jun-2005		9.750%		NJ - 95.00%		Paid Off - 360		01-Apr-2005
3052040 2			142,800.00		142,669.70			28-Jun-2005		9.875%		FL - 70.00%		Paid Off - 360		01-May-2005
3052040 2					142,669.70			28-Jun-2005		9.875%		FL - 70.00%		Paid Off - 360		01-May-2005
3052347 2			176,100.00		175,856.82			03-Jun-2005		7.875%		FL - 79.98%		Paid Off - 360		01-May-2005
3052347 2					175,856.82			03-Jun-2005		7.875%		FL - 79.98%		Paid Off - 360		01-May-2005
1000203228 1			228,750.00		227,868.58			13-Jun-2005		8.300%		CA - 75.00%		Paid Off - 360		01-Jan-2005
1000203228 1					227,868.58					8.300%		CA - 75.00%		Paid Off - 360


Page 16 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000217860 1			273,750.00		273,037.32			31-May-2005		8.200%		CA - 75.00%		Paid Off - 360		01-Mar-2005
			273,750.00

1000218442 1			232,000.00		231,369.79			23-Jun-2005		7.990%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000218442 1					231,369.79			23-Jun-2005		7.990%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000218881 1			330,000.00		328,960.87			06-Jun-2005		7.250%		CA - 64.33%		Paid Off - 360		01-Mar-2005
1000218881 1					328,960.87			06-Jun-2005		7.250%		CA - 64.33%		Paid Off - 360		01-Mar-2005
1000218912 1			217,680.00		217,146.86			29-Jun-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000218912 1					217,146.86			29-Jun-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000219029 2			423,000.00		421,961.92			09-Jun-2005		8.490%		CA - 88.13%		Paid Off - 360		01-Mar-2005
1000219029 2					421,961.92			09-Jun-2005		8.490%		CA - 88.13%		Paid Off - 360		01-Mar-2005
1000219696 1			221,500.00		218,911.57			03-Jun-2005		7.990%		CA - 70.32%		Paid Off - 180		01-Mar-2005
1000219696 1					218,911.57			03-Jun-2005		7.990%		CA - 70.32%		Paid Off - 180		01-Mar-2005
1000220000 2			420,000.00		418,966.03			27-Jun-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000220000 2					418,966.03			27-Jun-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000220624 2			375,000.00		375,000.00			27-Jun-2005		6.600%		CA - 87.01%		Paid Off - 360		01-Mar-2005
1000220624 2					375,000.00			27-Jun-2005		6.600%		CA - 87.01%		Paid Off - 360		01-Mar-2005
1000220770 2			244,800.00		244,169.10			23-Jun-2005		8.250%		CA - 90.00%		Paid Off - 360		01-Mar-2005
1000220770 2					244,169.10			23-Jun-2005		8.250%		CA - 90.00%		Paid Off - 360		01-Mar-2005
1000221181 1			164,900.00		164,353.49			23-Jun-2005		6.990%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000221181 1					164,353.49			23-Jun-2005		6.990%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000221726 2			152,000.00		151,516.63			22-Jun-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000221726 2					151,516.63			22-Jun-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000223170 1			302,000.00		301,197.68			07-Jun-2005		8.100%		MA - 76.84%		Paid Off - 360		01-Mar-2005
1000223170 1					301,197.68			07-Jun-2005		8.100%		MA - 76.84%		Paid Off - 360		01-Mar-2005
1000295996 2			193,600.00		192,831.87			27-Jun-2005		7.225%		NM - 80.00%		Paid Off - 360		01-Feb-2005
1000295996 2					192,831.87			27-Jun-2005		7.225%		NM - 80.00%		Paid Off - 360		01-Feb-2005
1000329807 2			296,847.00		295,903.00			30-Jun-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000329807 2					295,903.00			30-Jun-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000371831 1			224,000.00		223,005.70			15-Jun-2005		6.650%		WA - 80.00%		Paid Off - 360		01-Feb-2005
1000371831 1					223,005.70			15-Jun-2005		6.650%		WA - 80.00%		Paid Off - 360		01-Feb-2005
1000376676 1			112,200.00		111,870.40			15-Jun-2005		7.600%		AZ - 85.00%		Paid Off - 360		01-Mar-2005
1000376676 1					111,870.40			15-Jun-2005		7.600%		AZ - 85.00%		Paid Off - 360		01-Mar-2005
1000435247 2			55,916.00		55,792.36			13-Jun-2005		10.200%		NV - 20.00%		Paid Off - 360		01-Feb-2005
1000435247 2					55,792.36			13-Jun-2005		10.200%		NV - 20.00%		Paid Off - 360		01-Feb-2005
1000454573 2			450,000.00		447,766.86			29-Jun-2005		6.150%		CA - 68.34%		Paid Off - 360		01-Feb-2005
1000454573 2					447,766.86			29-Jun-2005		6.150%		CA - 68.34%		Paid Off - 360		01-Feb-2005
1000462387 2			400,000.00		399,492.49			13-Jun-2005		11.600%		CA - 73.73%		Paid Off - 360		01-Mar-2005
1000462387 2					399,492.49			13-Jun-2005		11.600%		CA - 73.73%		Paid Off - 360		01-Mar-2005
1000471386 1			340,000.00		339,233.03			15-Jun-2005		8.900%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000471386 1					339,233.03			15-Jun-2005		8.900%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000487388 2			203,936.00		203,260.11			28-Jun-2005		6.990%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000487388 2					203,260.11			28-Jun-2005		6.990%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000487832 1			50,984.00		50,892.42			28-Jun-2005		9.990%		AZ - 20.00%		Paid Off - 360		01-Mar-2005
1000487832 1					50,892.42			28-Jun-2005		9.990%		AZ - 20.00%		Paid Off - 360		01-Mar-2005
1000504671 2			269,000.00		268,193.92			27-Jun-2005		7.500%		NV - 89.97%		Paid Off - 360		01-Mar-2005
1000504671 2					268,193.92			27-Jun-2005		7.500%		NV - 89.97%		Paid Off - 360		01-Mar-2005
1000511654 1			307,000.00		306,098.21			30-Jun-2005		7.600%		CA - 68.22%		Paid Off - 360		01-Mar-2005
1000511654 1					306,098.21			30-Jun-2005		7.600%		CA - 68.22%		Paid Off - 360		01-Mar-2005
1000541550 2			544,735.00		542,708.41			20-Jun-2005		7.550%		CA - 74.11%		Paid Off - 360		01-Feb-2005
1000541550 2					542,708.41			20-Jun-2005		7.550%		CA - 74.11%		Paid Off - 360		01-Feb-2005
1000550255 1			162,000.00		161,559.94			17-Jun-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
1000550255 1					161,559.94			17-Jun-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
1000585272 1			125,000.00		124,625.43			22-Jun-2005		7.500%		CA - 52.08%		Paid Off - 360		01-Mar-2005
1000585272 1					124,625.43			22-Jun-2005		7.500%		CA - 52.08%		Paid Off - 360		01-Mar-2005
1000622277 2			132,300.00		131,911.37			21-Jun-2005		7.600%		MD - 90.00%		Paid Off - 360		01-Mar-2005
1000622277 2					131,911.37			21-Jun-2005		7.600%		MD - 90.00%		Paid Off - 360		01-Mar-2005
1000623668 1			75,200.00		74,991.99			30-Jun-2005		7.900%		NV - 80.00%		Paid Off - 360		01-Mar-2005
1000623668 1					74,991.99			30-Jun-2005		7.900%		NV - 80.00%		Paid Off - 360		01-Mar-2005
1000631445 2			415,000.00		413,335.00			30-Jun-2005		6.000%		CA - 59.29%		Paid Off - 360		01-Mar-2005
1000631445 2					413,335.00			30-Jun-2005		6.000%		CA - 59.29%		Paid Off - 360		01-Mar-2005
1000637868 2			305,000.00		305,000.00			23-Jun-2005		7.500%		KS - 94.14%		Paid Off - 360		01-Feb-2005
1000637868 2					305,000.00			23-Jun-2005		7.500%		KS - 94.14%		Paid Off - 360		01-Feb-2005
1000665881 2			208,250.00		207,744.95			16-Jun-2005		8.550%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000665881 2					207,744.95			16-Jun-2005		8.550%		CA - 85.00%		Paid Off - 360		01-Mar-2005
1000678485 1			94,900.00		94,692.44			30-Jun-2005		9.050%		WI - 100.00%		Paid Off - 360		01-Mar-2005
1000678485 1					94,692.44			30-Jun-2005		9.050%		WI - 100.00%		Paid Off - 360		01-Mar-2005
1000683772 2			266,000.00		266,000.00			28-Jun-2005		6.900%		CA - 83.13%		Paid Off - 360		01-Mar-2005
1000683772 2					266,000.00			28-Jun-2005		6.900%		CA - 83.13%		Paid Off - 360		01-Mar-2005
1000689044 1			175,950.00		175,529.94			15-Jun-2005		8.625%		MN - 85.00%		Paid Off - 360		01-Mar-2005
1000689044 1					175,529.94			15-Jun-2005		8.625%		MN - 85.00%		Paid Off - 360		01-Mar-2005
1000703581 2			152,440.00		152,440.00			22-Jun-2005		8.400%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000703581 2					152,440.00			22-Jun-2005		8.400%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000717022 2			174,400.00		174,399.96			30-Jun-2005		7.600%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000717022 2					174,399.96			30-Jun-2005		7.600%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000763953 2			515,000.00		513,801.77			30-Jun-2005		8.750%		CA - 84.43%		Paid Off - 360		01-Mar-2005
1000763953 2					513,801.77					8.750%		CA - 84.43%		Paid Off - 360


Page 17 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000833557 1			240,000.00		239,364.33			24-Jun-2005		6.650%		CA - 46.15%		Paid Off - 360		01-Apr-2005
			240,000.00

1000834896 2			432,000.00		431,999.40			30-Jun-2005		5.990%		CA - 90.00%		Paid Off - 360		01-Apr-2005
1000834896 2					431,999.40			30-Jun-2005		5.990%		CA - 90.00%		Paid Off - 360		01-Apr-2005
1000836867 2			515,000.00		515,000.00			30-Jun-2005		6.950%		CA - 81.75%		Paid Off - 360		01-Apr-2005
1000836867 2					515,000.00			30-Jun-2005		6.950%		CA - 81.75%		Paid Off - 360		01-Apr-2005
1200014742 2			123,300.00		122,774.59			28-Jun-2005		7.800%		CA - 90.00%		Paid Off - 360		01-Jan-2005
1200014742 2					122,774.59			28-Jun-2005		7.800%		CA - 90.00%		Paid Off - 360		01-Jan-2005
1200016863 1			259,250.00		258,497.07			21-Jun-2005		8.775%		CA - 85.00%		Paid Off - 360		01-Feb-2005
1200016863 1					258,497.07			21-Jun-2005		8.775%		CA - 85.00%		Paid Off - 360		01-Feb-2005
1200022525 1			284,000.00		283,433.14			20-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-May-2005
1200022525 1					283,433.14			20-Jun-2005		6.000%		CA - 80.00%		Paid Off - 360		01-May-2005
1200022529 1			71,000.00		70,936.78			17-Jun-2005		9.990%		CA - 20.00%		Paid Off - 180		01-May-2005
1200022529 1					70,936.78			17-Jun-2005		9.990%		CA - 20.00%		Paid Off - 180		01-May-2005
2000015952 2			488,750.00		488,749.93			10-Jun-2005		6.600%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2000015952 2					488,749.93			10-Jun-2005		6.600%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2000016620 1			277,000.00		275,646.44			13-Jun-2005		6.150%		CA - 83.94%		Paid Off - 360		01-Feb-2005
2000016620 1					275,646.44			13-Jun-2005		6.150%		CA - 83.94%		Paid Off - 360		01-Feb-2005
2000016800 2			276,750.00		276,749.11			06-Jun-2005		7.750%		NV - 90.00%		Paid Off - 360		01-Feb-2005
2000016800 2					276,749.11			06-Jun-2005		7.750%		NV - 90.00%		Paid Off - 360		01-Feb-2005
2000017230 1			340,000.00		338,617.16			29-Jun-2005		7.100%		CA - 80.00%		Paid Off - 360		01-Feb-2005
2000017230 1					338,617.16			29-Jun-2005		7.100%		CA - 80.00%		Paid Off - 360		01-Feb-2005
2000017325 2			384,000.00		384,000.00			22-Jun-2005		7.100%		NV - 80.00%		Paid Off - 360		01-Feb-2005
2000017325 2					384,000.00			22-Jun-2005		7.100%		NV - 80.00%		Paid Off - 360		01-Feb-2005
2000017330 1			72,000.00		71,841.41			22-Jun-2005		10.100%		NV - 95.00%		Paid Off - 180		01-Feb-2005
2000017330 1					71,841.41			22-Jun-2005		10.100%		NV - 95.00%		Paid Off - 180		01-Feb-2005
2000017411 1			258,002.00		256,916.78			30-Jun-2005		5.750%		CA - 60.00%		Paid Off - 360		01-Mar-2005
2000017411 1					256,916.78			30-Jun-2005		5.750%		CA - 60.00%		Paid Off - 360		01-Mar-2005
2000017474 2			500,000.00		500,000.00			17-Jun-2005		5.990%		CA - 78.13%		Paid Off - 360		01-Feb-2005
2000017474 2					500,000.00			17-Jun-2005		5.990%		CA - 78.13%		Paid Off - 360		01-Feb-2005
2000017477 1			76,000.00		75,847.98			17-Jun-2005		10.550%		CA - 90.00%		Paid Off - 180		01-Feb-2005
2000017477 1					75,847.98			17-Jun-2005		10.550%		CA - 90.00%		Paid Off - 180		01-Feb-2005
2000017526 1			197,000.00		196,125.60			29-Jun-2005		6.650%		CA - 66.78%		Paid Off - 360		01-Feb-2005
2000017526 1					196,125.60			29-Jun-2005		6.650%		CA - 66.78%		Paid Off - 360		01-Feb-2005
2000021602 2			283,917.00		283,917.00			27-Jun-2005		7.600%		NV - 80.00%		Paid Off - 360		01-May-2005
2000021602 2					283,917.00			27-Jun-2005		7.600%		NV - 80.00%		Paid Off - 360		01-May-2005
2000021618 1			70,980.00		70,929.15			24-Jun-2005		11.000%		NV - 20.00%		Paid Off - 180		01-May-2005
2000021618 1					70,929.15			24-Jun-2005		11.000%		NV - 20.00%		Paid Off - 180		01-May-2005
2000022268 1			215,000.00		214,609.15			21-Jun-2005		6.500%		CA - 68.91%		Paid Off - 360		01-May-2005
2000022268 1					214,609.15			21-Jun-2005		6.500%		CA - 68.91%		Paid Off - 360		01-May-2005
5000124124 1			142,142.00		142,142.00			29-Jun-2005		6.100%		MN - 80.00%		Paid Off - 360		01-Feb-2005
5000124124 1					142,142.00			29-Jun-2005		6.100%		MN - 80.00%		Paid Off - 360		01-Feb-2005
5000127667 1			110,000.00		109,786.89			23-Jun-2005		10.700%		NJ - 44.53%		Paid Off - 360		01-Feb-2005
5000127667 1					109,786.89			23-Jun-2005		10.700%		NJ - 44.53%		Paid Off - 360		01-Feb-2005
5000129616 2			240,000.00		239,322.67			03-Jun-2005		7.800%		NY - 80.00%		Paid Off - 360		01-Mar-2005
5000129616 2					239,322.67			03-Jun-2005		7.800%		NY - 80.00%		Paid Off - 360		01-Mar-2005
5000129714 1			167,450.00		166,972.63			28-Jun-2005		7.750%		IL - 85.00%		Paid Off - 360		01-Mar-2005
5000129714 1					166,972.63			28-Jun-2005		7.750%		IL - 85.00%		Paid Off - 360		01-Mar-2005
5000131207 2			24,000.00		23,588.98			23-Jun-2005		12.530%		NJ - 20.00%		Paid Off - 120		01-Mar-2005
5000131207 2					23,588.98			23-Jun-2005		12.530%		NJ - 20.00%		Paid Off - 120		01-Mar-2005
5000131547 2			13,400.00		13,162.10			16-Jun-2005		11.900%		IL - 5.00%		Paid Off - 120		01-Mar-2005
5000131547 2					13,162.10			16-Jun-2005		11.900%		IL - 5.00%		Paid Off - 120		01-Mar-2005
5000132183 1			196,000.00		195,050.31			16-Jun-2005		4.990%		CO - 80.00%		Paid Off - 360		01-Mar-2005
5000132183 1					195,050.31			16-Jun-2005		4.990%		CO - 80.00%		Paid Off - 360		01-Mar-2005
5000132216 1			49,000.00		48,867.15			16-Jun-2005		8.000%		CO - 20.00%		Paid Off - 360		01-Mar-2005
5000132216 1					48,867.15			16-Jun-2005		8.000%		CO - 20.00%		Paid Off - 360		01-Mar-2005
6000131566 1			66,150.00		65,991.24			24-Jun-2005		8.600%		MD - 70.00%		Paid Off - 360		01-Mar-2005
6000131566 1					65,991.24			24-Jun-2005		8.600%		MD - 70.00%		Paid Off - 360		01-Mar-2005
6000132674 2			172,500.00		172,094.49			21-Jun-2005		8.700%		MD - 75.00%		Paid Off - 360		01-Mar-2005
6000132674 2					172,094.49			21-Jun-2005		8.700%		MD - 75.00%		Paid Off - 360		01-Mar-2005
6000134846 1			102,500.00		102,254.03			16-Jun-2005		8.600%		GA - 81.35%		Paid Off - 360		01-Mar-2005
6000134846 1					102,254.03			16-Jun-2005		8.600%		GA - 81.35%		Paid Off - 360		01-Mar-2005
6000135369 2			396,000.00		394,753.08			16-Jun-2005		7.250%		FL - 90.00%		Paid Off - 360		01-Mar-2005
6000135369 2					394,753.08			16-Jun-2005		7.250%		FL - 90.00%		Paid Off - 360		01-Mar-2005
6000135924 2			7,400.00		7,135.14			16-Jun-2005		11.500%		FL - 5.00%		Paid Off - 120		01-Mar-2005
6000135924 2					7,135.14			16-Jun-2005		11.500%		FL - 5.00%		Paid Off - 120		01-Mar-2005
6000136621 2			7,500.00		7,371.36			09-Jun-2005		12.500%		OH - 5.00%		Paid Off - 120		01-Mar-2005
6000136621 2					7,371.36			09-Jun-2005		12.500%		OH - 5.00%		Paid Off - 120		01-Mar-2005
7000132395 2			356,000.00		354,900.95			29-Jun-2005		7.350%		HI - 80.00%		Paid Off - 360		01-Mar-2005
7000132395 2					354,900.95			29-Jun-2005		7.350%		HI - 80.00%		Paid Off - 360		01-Mar-2005
7000132683 2			680,000.00		678,211.65			08-Jun-2005		8.150%		CA - 89.47%		Paid Off - 360		01-Mar-2005
7000132683 2					678,211.65			08-Jun-2005		8.150%		CA - 89.47%		Paid Off - 360		01-Mar-2005
8000029699 2			172,000.00		172,000.00			05-Jun-2005		6.150%		RI - 80.00%		Paid Off - 360		01-Feb-2005
8000029699 2					172,000.00			05-Jun-2005		6.150%		RI - 80.00%		Paid Off - 360		01-Feb-2005
8000030475 2			161,000.00		160,605.67			28-Jun-2005		8.500%		NY - 67.08%		Paid Off - 360		01-Mar-2005
8000030475 2					160,605.67					8.500%		NY - 67.08%		Paid Off - 360


Page 18 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

8000033246 2			378,000.00		376,635.20			01-Jun-2005		6.550%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
			378,000.00

8000033860 1			136,000.00		135,670.30			06-Jun-2005		8.550%		NJ - 64.76%		Paid Off - 360		01-Mar-2005
8000033860 1					135,670.30			06-Jun-2005		8.550%		NJ - 64.76%		Paid Off - 360		01-Mar-2005
8000034292 2			162,900.00		162,355.87			22-Jun-2005		6.950%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
8000034292 2					162,355.87			22-Jun-2005		6.950%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
1000215757 2			192,000.00		191,313.58			30-Jun-2005		7.750%		CA - 80.00%		Repur/Subs - 360		01-Feb-2005
1000215757 2					191,313.58			30-Jun-2005		7.750%		CA - 80.00%		Repur/Subs - 360		01-Feb-2005
1000218762 2			387,000.00		385,717.43			30-Jun-2005		6.990%		NY - 90.00%		Repur/Subs - 360		01-Mar-2005
1000218762 2					385,717.43			30-Jun-2005		6.990%		NY - 90.00%		Repur/Subs - 360		01-Mar-2005
1000219281 2			136,500.00		136,321.01			30-Jun-2005		11.450%		OH - 65.00%		Repur/Subs - 360		01-Mar-2005
1000219281 2					136,321.01			30-Jun-2005		11.450%		OH - 65.00%		Repur/Subs - 360		01-Mar-2005
1000219855 1			192,000.00		191,453.24			30-Jun-2005		7.900%		MD - 80.00%		Repur/Subs - 360		01-Mar-2005
1000219855 1					191,453.24			30-Jun-2005		7.900%		MD - 80.00%		Repur/Subs - 360		01-Mar-2005
1000220836 2			288,000.00		287,069.60			30-Jun-2005		7.120%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
1000220836 2					287,069.60			30-Jun-2005		7.120%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
1000221376 2			180,000.00		179,536.12			30-Jun-2005		8.250%		MI - 90.00%		Repur/Subs - 360		01-Mar-2005
1000221376 2					179,536.12			30-Jun-2005		8.250%		MI - 90.00%		Repur/Subs - 360		01-Mar-2005
1000222064 2			420,000.00		420,000.00			30-Jun-2005		5.750%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
1000222064 2					420,000.00			30-Jun-2005		5.750%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
1000222256 1			176,000.00		175,649.56			30-Jun-2005		9.500%		CA - 58.67%		Repur/Subs - 360		01-Mar-2005
1000222256 1					175,649.56			30-Jun-2005		9.500%		CA - 58.67%		Repur/Subs - 360		01-Mar-2005
1000223317 2			349,600.00		348,786.59			30-Jun-2005		8.750%		CA - 65.00%		Repur/Subs - 360		01-Mar-2005
1000223317 2					348,786.59			30-Jun-2005		8.750%		CA - 65.00%		Repur/Subs - 360		01-Mar-2005
1200017205 1			310,500.00		309,081.13			01-Jan-1900		6.500%		CA - 90.00%		Repur/Subs - 360		01-Feb-2005
1200017205 1					309,081.13			01-Jan-1900		6.500%		CA - 90.00%		Repur/Subs - 360		01-Feb-2005
5000117983 1			155,500.00		155,062.69			30-Jun-2005		11.500%		MN - 64.79%		Repur/Subs - 360		01-Dec-2004
5000117983 1					155,062.69			30-Jun-2005		11.500%		MN - 64.79%		Repur/Subs - 360		01-Dec-2004
5000119847 2			96,000.00		95,602.99			30-Jun-2005		7.950%		MI - 80.00%		Repur/Subs - 360		01-Jan-2005
5000119847 2					95,602.99			30-Jun-2005		7.950%		MI - 80.00%		Repur/Subs - 360		01-Jan-2005
5000129840 1			107,600.00		107,287.07			30-Jun-2005		7.650%		MO - 80.00%		Repur/Subs - 360		01-Mar-2005
5000129840 1					107,287.07			30-Jun-2005		7.650%		MO - 80.00%		Repur/Subs - 360		01-Mar-2005
5000130136 2			216,000.00		215,371.79			30-Jun-2005		7.650%		IL - 80.00%		Repur/Subs - 360		01-Mar-2005
5000130136 2					215,371.79			30-Jun-2005		7.650%		IL - 80.00%		Repur/Subs - 360		01-Mar-2005
5000130250 2			261,000.00		260,270.75			30-Jun-2005		7.850%		IL - 90.00%		Repur/Subs - 360		01-Mar-2005
5000130250 2					260,270.75			30-Jun-2005		7.850%		IL - 90.00%		Repur/Subs - 360		01-Mar-2005
5000131934 2			102,400.00		102,116.75			30-Jun-2005		7.900%		TX - 80.00%		Repur/Subs - 360		01-Mar-2005
5000131934 2					102,116.75			30-Jun-2005		7.900%		TX - 80.00%		Repur/Subs - 360		01-Mar-2005
5000132060 2			25,600.00		25,543.83			30-Jun-2005		10.990%		TX - 20.00%		Repur/Subs - 360		01-Mar-2005
5000132060 2					25,543.83			30-Jun-2005		10.990%		TX - 20.00%		Repur/Subs - 360		01-Mar-2005
5000133392 1			330,000.00		329,200.02			30-Jun-2005		8.550%		IL - 75.00%		Repur/Subs - 360		01-Mar-2005
5000133392 1					329,200.02			30-Jun-2005		8.550%		IL - 75.00%		Repur/Subs - 360		01-Mar-2005
5000133436 1			232,900.00		232,311.88			30-Jun-2005		8.350%		IL - 85.00%		Repur/Subs - 360		01-Mar-2005
5000133436 1					232,311.88			30-Jun-2005		8.350%		IL - 85.00%		Repur/Subs - 360		01-Mar-2005
5000133533 2			64,900.00		64,769.42			30-Jun-2005		9.450%		OH - 80.00%		Repur/Subs - 360		01-Mar-2005
5000133533 2					64,769.42			30-Jun-2005		9.450%		OH - 80.00%		Repur/Subs - 360		01-Mar-2005
5000133655 2			16,225.00		16,075.25			30-Jun-2005		10.630%		OH - 20.00%		Repur/Subs - 180		01-Mar-2005
5000133655 2					16,075.25			30-Jun-2005		10.630%		OH - 20.00%		Repur/Subs - 180		01-Mar-2005
5000133931 2			53,600.00		53,475.26			30-Jun-2005		8.750%		MI - 80.00%		Repur/Subs - 360		01-Mar-2005
5000133931 2					53,475.26			30-Jun-2005		8.750%		MI - 80.00%		Repur/Subs - 360		01-Mar-2005
6000129001 1			64,000.00		63,876.51			30-Jun-2005		9.650%		NC - 80.00%		Repur/Subs - 360		01-Mar-2005
6000129001 1					63,876.51			30-Jun-2005		9.650%		NC - 80.00%		Repur/Subs - 360		01-Mar-2005
6000131002 1			56,000.00		55,883.74			30-Jun-2005		9.300%		PA - 80.00%		Repur/Subs - 360		01-Mar-2005
6000131002 1					55,883.74			30-Jun-2005		9.300%		PA - 80.00%		Repur/Subs - 360		01-Mar-2005
6000132058 1			221,600.00		220,987.01			30-Jun-2005		7.900%		SC - 80.00%		Repur/Subs - 360		01-Mar-2005
6000132058 1					220,987.01			30-Jun-2005		7.900%		SC - 80.00%		Repur/Subs - 360		01-Mar-2005
6000132428 1			129,500.00		129,277.58			30-Jun-2005		10.200%		MD - 70.00%		Repur/Subs - 360		01-Mar-2005
					129,277.58			30-Jun-2005		10.200%		MD - 70.00%		Repur/Subs - 360		01-Mar-2005
6000133095 2			180,000.00		179,536.12			30-Jun-2005		8.250%		FL - 90.00%		Repur/Subs - 360		01-Mar-2005
6000133095 2					179,536.12			30-Jun-2005		8.250%		FL - 90.00%		Repur/Subs - 360		01-Mar-2005
6000133768 2			256,500.00		255,518.84			30-Jun-2005		6.250%		RI - 90.00%		Repur/Subs - 360		01-Mar-2005
6000133768 2					255,518.84			30-Jun-2005		6.250%		RI - 90.00%		Repur/Subs - 360		01-Mar-2005
6000133972 1			28,500.00		28,440.00			30-Jun-2005		9.230%		RI - 10.00%		Repur/Subs - 360		01-Mar-2005
6000133972 1					28,440.00			30-Jun-2005		9.230%		RI - 10.00%		Repur/Subs - 360		01-Mar-2005
6000134248 1			100,000.00		99,673.44			30-Jun-2005		7.400%		FL - 80.00%		Repur/Subs - 360		01-Mar-2005
6000134248 1					99,673.44			30-Jun-2005		7.400%		FL - 80.00%		Repur/Subs - 360		01-Mar-2005
6000134635 1			144,000.00		144,000.00			30-Jun-2005		7.450%		GA - 80.00%		Repur/Subs - 360		01-Mar-2005
6000134635 1					144,000.00			30-Jun-2005		7.450%		GA - 80.00%		Repur/Subs - 360		01-Mar-2005
6000136284 2			284,000.00		283,260.61			30-Jun-2005		8.200%		MD - 80.00%		Repur/Subs - 360		01-Mar-2005
6000136284 2					283,260.61			30-Jun-2005		8.200%		MD - 80.00%		Repur/Subs - 360		01-Mar-2005
6000136437 2			71,000.00		70,927.44			30-Jun-2005		12.530%		MD - 20.00%		Repur/Subs - 360		01-Mar-2005
6000136437 2					70,927.44			30-Jun-2005		12.530%		MD - 20.00%		Repur/Subs - 360		01-Mar-2005
6000136506 1			273,750.00		273,151.31			30-Jun-2005		9.050%		NY - 75.00%		Repur/Subs - 360		01-Mar-2005
6000136506 1					273,151.31			30-Jun-2005		9.050%		NY - 75.00%		Repur/Subs - 360		01-Mar-2005
7000120003 2			498,000.00		494,307.61			30-Jun-2005		5.750%		CA - 79.05%		Repur/Subs - 360		01-Dec-2004
7000120003 2					494,307.61					5.750%		CA - 79.05%		Repur/Subs - 360


Page 19 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

7000128772 1			86,350.00		86,113.02			30-Jun-2005		9.050%		WA - 69.08%		Repur/Subs - 360		01-Feb-2005
			86,350.00

7000129300 1			280,000.00		279,239.42			30-Jun-2005		7.990%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
7000129300 1					279,239.42			30-Jun-2005		7.990%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
8000027086 1			115,000.00		114,574.46			30-Jun-2005		8.500%		MA - 100.00%		Repur/Subs - 360		01-Jan-2005
8000027086 1					114,574.46			30-Jun-2005		8.500%		MA - 100.00%		Repur/Subs - 360		01-Jan-2005
8000030173 2			308,000.00		306,930.26			30-Jun-2005		6.750%		FL - 80.00%		Repur/Subs - 360		01-Mar-2005
8000030173 2					306,930.26			30-Jun-2005		6.750%		FL - 80.00%		Repur/Subs - 360		01-Mar-2005
8000030205 1			77,000.00		76,854.61			30-Jun-2005		9.750%		FL - 20.00%		Repur/Subs - 360		01-Mar-2005
8000030205 1					76,854.61			30-Jun-2005		9.750%		FL - 20.00%		Repur/Subs - 360		01-Mar-2005
8000033176 1			226,000.00		225,525.88			30-Jun-2005		9.250%		NY - 58.70%		Repur/Subs - 360		01-Mar-2005
8000033176 1					225,525.88			30-Jun-2005		9.250%		NY - 58.70%		Repur/Subs - 360		01-Mar-2005


TOTAL			32,791,548.00		32,703,703.34
TOTAL


Page 20 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



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

Cumulative
Cumulative



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










Page 21 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 22 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 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 23 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

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




TOTAL



Page 24 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Trigger Event in effect - a) or b) in effect (0=No ,								0
						a) Does a Delinquency Trigger Event Exists
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)
						Balances 60+ days includes Bankruptcy and Foreclosure
						Ending Balance
						Senior Enhancement Percentage						23.7700%
						Cumulative Loss Percentage



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														0.00
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00

Basis Risk CarryForward Amount Paid
Basis Risk CarryForward Amount Unpaid




Page 25 of 26
GSAMP Trust 2005-HE3

Asset Backed Certificates
Asset Backed Certificates
2005-HE3

July 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT


CLASS







Page 26 of 26

Filing Compare · GSAMP Trust 2005-HE3