8-K 1 sd1_august04.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Sec. 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2004 -------------------- GS Mortgage Securities Corp. (as depositor under the Pooling and Servicing Agreement, dated as of July 1, 2004 providing for the issuance of GSAMP Trust 2004-SD1 Mortgage Pass-Through Certificates, Series 2004-SD1) ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-100818-47 13-6357101 ------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation or organization) Identification No.) 85 Broad Street New York, NY 10004 ------------------------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code : (212) 902-1000 ------------------------ N/A ------------------------------------------------------------------------------- (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: [] 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 8.1 Other Events. This current report on Form 8-K relates to the monthly distribution reported to the holders of GSAMP Trust 2004-SD1 Mortgage Pass-Through Certificates, Series 2004-SD1 pursuant to the terms of the Pooling and Servicing Agreement, dated as of July 1, 2004, among GS Mortgage Securities Corp., as depositor, Chase Manhattan Mortgage Corporation, as master servicer, JP Morgan Chase Bank, as securities administrator, and Wachovia Bank, National Association, as Trustee. On August 25, 2004 distributions were made to the Certificateholders. Specific information with respect to the distributions is filed as Exhibit 99.1. Item 9.1 Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) The following exhibit is filed as part of this report: Statement to Certificateholders on August 25, 2004 is filed as Exhibit 99.1 hereto. GSAMP Trust 2004-SD1 Mortgage Pass-Through Certificates, Series 2004-SD1 ---------------------------------------------------------------------------- SIGNATURE 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. JPMORGAN CHASE BANK, not in its individual capacity, but solely as Securities Administrator under the Agreement referred to herein Date: September 1, 2004 By: /s Annette Marsula -------------------------------------------- Annette Marsula Vice President INDEX TO EXHIBITS Exhibit Number Description of Exhibits 99.1 Monthly Certificateholder Statement on August 25, 2004 Exhibit 99.1 Monthly Certificateholder Statement on August 25, 2004 GSAMP Trust 2004-SD1 Statement to Certificateholders August 25, 2004 ----------------------------------------------------------------------------------------------------------------------------------- DISTRIBUTION IN DOLLARS ----------------------------------------------------------------------------------------------------------------------------------- Original Beginning Ending Face Principal Realized Deferred Principal Class Value Balance Principal Interest Total Losses Interest Balance ----------------------------------------------------------------------------------------------------------------------------------- A1 59,000,000.00 59,000,000.00 3,203,647.91 81,387.22 3,285,035.13 0.00 0.00 55,796,352.09 A2 24,132,000.00 24,132,000.00 1,310,346.30 31,894.46 1,342,240.76 0.00 0.00 22,821,653.70 A3 16,089,000.00 16,089,000.00 873,618.50 23,588.26 897,206.76 0.00 0.00 15,215,381.50 A4 43,000,000.00 43,000,000.00 4,669,724.08 58,695.00 4,728,419.08 0.00 0.00 38,330,275.92 A5 43,000,000.00 43,000,000.00 0.00 59,937.22 59,937.22 0.00 0.00 43,000,000.00 M1 27,210,000.00 27,210,000.00 0.00 43,233.67 43,233.67 0.00 0.00 27,210,000.00 M2 14,321,000.00 14,321,000.00 0.00 31,856.27 31,856.27 0.00 0.00 14,321,000.00 B1 4,774,000.00 4,774,000.00 0.00 15,446.54 15,446.54 0.00 0.00 4,774,000.00 B2 3,580,000.00 3,580,000.00 0.00 14,168.84 14,168.84 0.00 0.00 3,580,000.00 B3 3,581,000.00 3,581,000.00 0.00 14,172.80 14,172.80 0.00 0.00 3,581,000.00 P 100.00 100.00 0.00 116,548.14 116,548.14 0.00 0.00 100.00 R 100.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 TOTALS 238,687,200.00 238,687,200.00 10,057,336.79 490,928.42 10,548,265.21 0.00 0.00 228,629,863.21 X 238,687,302.97 238,687,302.97 0.00 0.00 0.00 0.00 0.00 229,702,845.58 ----------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------- --------------------------- Factor Information Per $1,000 of Original Face Pass-through Rates --------------------------------------------------------------------------------------------------- --------------------------- Current Beginning Ending Class Pass-thru Class CUSIP Principal Principal Interest Total Principal Rate (%) --------------------------------------------------------------------------------------------------------------------------------- A1 36242DAS2 1,000.00000000 54.29911712 1.37944441 55.67856153 945.70088288 A1 1.910000 % A2 36242DAT0 1,000.00000000 54.29911735 1.32166667 55.62078402 945.70088265 A2 1.830000 % A3 36242DAU7 1,000.00000000 54.29911741 1.46611101 55.76522842 945.70088259 A3 2.030000 % A4 36242DAV5 1,000.00000000 108.59823442 1.36500000 109.96323442 891.40176558 A4 1.890000 % A5 36242DAW3 1,000.00000000 0.00000000 1.39388884 1.39388884 1,000.00000000 A5 1.930000 % M1 36242DAX1 1,000.00000000 0.00000000 1.58888901 1.58888901 1,000.00000000 M1 2.200000 % M2 36242DAY9 1,000.00000000 0.00000000 2.22444452 2.22444452 1,000.00000000 M2 3.080000 % B1 36242DAZ6 1,000.00000000 0.00000000 3.23555509 3.23555509 1,000.00000000 B1 4.480000 % B2 36242DBA0 1,000.00000000 0.00000000 3.95777654 3.95777654 1,000.00000000 B2 5.480000 % B3 36242DBB8 1,000.00000000 0.00000000 3.95777716 3.95777716 1,000.00000000 B3 5.480000 % P 36242DBD4 1,000.00000000 0.00000000 ##### ### 1,000.00000000 P 0.000000 % R 36242DBE2 1,000.00000000 0.00000000 0.00000000 0.00000000 1,000.00000000 R 0.000000 % TOTALS 1,000.00000000 42.13605417 2.05678570 44.19283988 957.86394583 X 36242DBC6 1,000.00000000 0.00000000 0.00000000 0.00000000 962.35888010 X 0.000000 % ----------------------------------------------------------------------------------------------------- ------------------------- If there are any questions or comments, please contact the Relationship Manager listed below. -------------------------------------- Yanilka Fernandez JPMorgan Chase Bank - Structured Finance Services 15th Floor, 4 NYP, New York, New York 10004 Tel: (212) 623-5135 Fax: (212) 623-6214 Email: yanilka.x.fernandez@chase.com --------------------------------------- Sec. 4.02(i) Principal Distribution Amount Scheduled Principal Amount 203,469.61 Principal Prepayment Amount 8,780,987.78 Sec. 4.02(i) Principal Prepayments Payoffs in Full 8,764,787.73 Partial Principal Prepayments 16,200.05 Liquidation Proceeds 0.00 Sec. 4.02(ii) Interest Allocation Total 490,928.43 Unpaid Interest Paid 0.00 Unpaid Interest Remaining 0.00 Basis Carry Forward Amount 0.00 Basis Carry Forward Amount Paid 0.00 Sec. 4.02(iii) Payment Shortfall Class A1 Interest Shortfall 0.00 Principal Shortfall 0.00 Class A2 Interest Shortfall 0.00 Principal Shortfall 0.00 Class A3 Interest Shortfall 0.00 Principal Shortfall 0.00 Class A4 Interest Shortfall 0.00 Principal Shortfall 0.00 Class A5 Interest Shortfall 0.00 Principal Shortfall 0.00 Class M1 Interest Shortfall 0.00 Principal Shortfall 0.00 Class M2 Interest Shortfall 0.00 Principal Shortfall 0.00 Class B1 Interest Shortfall 0.00 Principal Shortfall 0.00 Class B2 Interest Shortfall 0.00 Principal Shortfall 0.00 Class B3 Interest Shortfall 0.00 Principal Shortfall 0.00 Sec. 4.02(v) Ending Pool Stated Principal Balance 229,702,845.58 Sec. 4.02(vi) Servicing Fees Paid 99,453.04 Sec. 4.02(vi) Master Servicing Fees Paid 2,983.59 Sec. 4.02(viii) Advances 0.00 Current Period Advances 0.00 Outstanding Advances 0.00 Sec. 4.02(ix,xii) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Period Number Balance Percentage 0-30 days 31 3,276,624.97 1.43 % 31-60 days 12 1,533,194.66 0.67 % 61-90 days 9 1,383,916.38 0.60 % 91+days 0 0.00 0.00 % Total 52 6,193,736.01 2.70 % Number and Aggregate Principal Amounts of REO Loans Group 1 Principal Number Balance Percentage 0 0.00 0.00 % Market Value of REO Loans 0.00 Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 0 0.00 0.00 % Group 1 Principal Number Balance Percentage 0 0.00 0.00 % Sec. 4.02(x) 12 Month Scheduled Payments 1st Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 2nd Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 3rd Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 4th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 5th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 6th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 7th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 8th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 9th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 10th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 11th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 12th Preceding Month Scheduled Monthly Payments on all Loans 0.00 Scheduled Monthly Payments on 60+ Day Delinquent Loans 0.00 Sec. 4.02(xi) REO Loans 0.00 NO Sec. 4.02(xiii) Trigger Event Sec. 4.02(xiii) Balance of all 60+ Day Delinquent Loans 0.00 Sec. 4.02(xiv) Excess Reserve Fund Account Balance 0.00 Sec. 4.02(xv) Realized Losses Current Losses 0.00 Cumulative Losses 0.00 Sec. 4.02(xvi) Net Monthly Excess Cashflow 0.00 Applied Realized Losses Paid 0.00 Unpaid Interest Amounts Paid 0.00 Sec. 4.02(xvii) Overcollateralization Overcollateralization Amount 1,072,982.37 Specified Overcollateralization Amount 11,815,021.50 Sec. 4.02(xxi) Subsequent Recoveries 0.00 Copyright 2001 J.P. Morgan Chase & Co. All rights reserved.

_________________________________________________

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES AND EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

July 30, 2004

GS Mortgage Securities Corp.

(Exact Name of Registrant as Specified in its Charter)

Delaware	333-100818	13-6357101
(State or Other Jurisdiction Of Incorporation)	(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

None

(Former Name or Former Address, if Changed Since Last Report)

Item 5. Other Events.

The Registrant registered issuances of Mortgage Pass-Through Certificates, Series 2004-SD1 on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended, by a Registration Statement on Form S-3 (Registration File No. 333-100818) (the “Registration Statement”). Pursuant to the Registration Statement, the Registrant issued $238,703,000 aggregate principal amount of Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class M-1, Class M-2, Class B-1, Class B-2 and B-3 Certificates (the “Publicly Offered Certificates”) on July 30, 2004. This Current Report on Form 8-K is being filed to satisfy an undertaking, contained in the definitive Prospectus dated July 27, 2004, as supplemented by the Prospectus Supplement dated July 28, 2004, to file a copy of the Pooling and Servicing Agreement (as defined below) and other operative agreements executed in connection with the issuance of the Publicly Offered Certificates, a form of which was filed as an exhibit to the Registration Statement.

The Publicly Offered Certificates were issued pursuant to a Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”), attached hereto as Exhibit 4.5.1, dated as of July 1, 2004, among GS Mortgage Securities Corp., as depositor, Chase Manhattan Mortgage Corporation, as master servicer, JP Morgan Chase Bank, as securities administrator, and Wachovia Bank, National Association, as Trustee. The “Certificates” consist of the Publicly Offered Certificates and the Class X, Class P and Class R Certificates. The Certificates evidence all of the beneficial ownership interest in a trust fund that consists primarily of a pool of certain conventional, fixed rate, and adjustable rate residential mortgage loans with an aggregate outstanding principal balance of approximately $247,636,496 as of June 1, 2004, together with certain other assets. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Pooling and Servicing Agreement.

Item 7. Financial Statements; Pro Forma Financial Information and Exhibits

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

4.5.1

Pooling and Servicing Agreement, dated as of July 1, 2004, among GS Mortgage Securities Corp., as depositor, Chase Manhattan Mortgage Corporation, as master servicer, JP Morgan Chase Bank, as securities administrator, and Wachovia Bank, National Association, as Trustee

4.6

Form of Publicly Offered Certificate

SIGNATURES

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

GS MORTGAGE SECURITIES CORP.

By: /s/ Howard Altarescu

Name: Howard Altarescu

Title: Treasurer

Dated: July 30, 2004

EXHIBIT INDEX

Exhibit No.

Description

Page No.

4.5.1

4.6

Form of Publicly Offered Certificate

Filing Compare · GSAMP TRUST 2004-SD1