8-K 1 gsp04fm1_aug.txt AUGUST 8K 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): August 25, 2004 GOLDMAN SACHS MORTGAGE SECURITIES CORP. Mortgage Pass-Through Certificates, Series 2004-FM1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100818-21 54-2142330 Pooling and Servicing Agreement) (Commission 54-2142331 (State or other File Number) 54-6593444 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 under the Exchange Act (17 CFR 240.14a-12) [ ] 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 On August 25, 2004 a distribution was made to holders of GOLDMAN SACHS MORTGAGE SECURITIES CORP., Mortgage Pass-Through Certificates, Series 2004-FM1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FM1 Trust, relating to the August 25, 2004 distribution. 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. GOLDMAN SACHS MORTGAGE SECURITIES CORP. Mortgage Pass-Through Certificates, Series 2004-FM1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/1/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FM1 Trust, relating to the August 25, 2004 distribution. EX-99.1

GS Mortgage Securities Corp Mortgage Pass-Through Certificates Record Date: 67/3031/042004 Distribution Date: 78/2625/042004 GSP Series: 2004-FM1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 36228FZH2 SEN 1.~~66000~~81000% ~~329~~315,~~726~~067,~~168~~730.0187 ~~471~~475,~~325~~227.2617 1419,~~658~~118,~~437~~016.1449 A-2A 36228FZJ8 SEN 1.~~53000~~68000% ~~162~~149,~~398~~974,~~241~~950.9550 ~~213~~209,~~959~~964.6993 1211,~~423~~325,~~291~~337.4542 A-2B 36228FZR0 SEN 1.~~80000~~95000% 45,858,000.00 7174,~~079~~519.9025 0.00 M-1 36228FZK5 MEZ 12.~~95000~~10000% 49,959,000.00 8387,~~889~~428.4925 0.00 M-2 36228FZL3 MEZ 2.~~70000~~85000% 42,273,000.00 98100,~~284~~398.7338 0.00 M-3 36228FZM1 MEZ 23.~~90000~~05000% 13,450,000.00 3334,~~587~~185.6442 0.00 B-1 36228FZN9 SUB 3.~~05000~~20000% 11,529,000.00 30,~~279~~744.6400 0.00 B-2 36228FZP4 SUB 3.~~25000~~40000% 11,529,000.00 32,~~265~~665.1950 0.00 B-3 36228FZQ2 SUB 5.~~30000~~45000% 11,529,000.00 52,~~617~~360.0888 0.00 X 36228FZU3 SEN 0.00000% 17,293,429.89 2,~~783~~612,~~485~~771.0994 0.00 P 36228FZS8 SEN 0.00000% 0.00 ~~660~~699,~~799~~420.1392 0.00 UT-R GSP04FM1R RES 0.00000% 0.00 0.00 0.00 Totals ~~695~~668,~~544~~463,~~839~~111.8526 4,~~531~~409,~~572~~686.8464 2730,~~081~~443,~~728~~353.5991

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~315~~295,~~067~~949,~~730~~714.8738 1519,~~129~~593,~~762~~243.4066 0.00 A-2A 0.00 ~~149~~138,~~974~~649,~~950~~613.5008 1211,~~637~~535,~~251~~302.1435 0.00 A-2B 0.00 45,858,000.00 7174,~~079~~519.9025 0.00 M-1 0.00 49,959,000.00 8387,~~889~~428.4925 0.00 M-2 0.00 42,273,000.00 98100,~~284~~398.7338 0.00 M-3 0.00 13,450,000.00 3334,~~587~~185.6442 0.00 B-1 0.00 11,529,000.00 30,~~279~~744.6400 0.00 B-2 0.00 11,529,000.00 32,~~265~~665.1950 0.00 B-3 0.00 11,529,000.00 52,~~617~~360.0888 0.00 X 0.00 17,293,429.89 2,~~783~~612,~~485~~771.0994 0.00 P 0.00 0.00 ~~660~~699,~~799~~420.1392 0.00 UT-R 0.00 0.00 0.00 0.00 Totals 0.00 ~~668~~638,~~463~~019,~~111~~757.2635 3134,~~613~~853,~~301~~040.4355 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 374,015,000.00 ~~329~~315,~~726~~067,~~168~~730.0187 0.00 1419,~~658~~118,~~437~~016.1449 0.00 0.00 A-2A 191,161,000.00 ~~162~~149,~~398~~974,~~241~~950.9550 0.00 1211,~~423~~325,~~291~~337.4542 0.00 0.00 A-2B 45,858,000.00 45,858,000.00 0.00 0.00 0.00 0.00 M-1 49,959,000.00 49,959,000.00 0.00 0.00 0.00 0.00 M-2 42,273,000.00 42,273,000.00 0.00 0.00 0.00 0.00 M-3 13,450,000.00 13,450,000.00 0.00 0.00 0.00 0.00 B-1 11,529,000.00 11,529,000.00 0.00 0.00 0.00 0.00 B-2 11,529,000.00 11,529,000.00 0.00 0.00 0.00 0.00 B-3 11,529,000.00 11,529,000.00 0.00 0.00 0.00 0.00 X 17,293,884.22 17,293,429.89 0.00 0.00 0.00 0.00 17,293,884.22 17,293,429.89 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 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 0.00 0.00 0.00 Totals 785,890,768.44 ~~712~~685,~~838~~756,~~269~~541.7415 0.00 2730,~~081~~443,~~728~~353.5991 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 1419,~~658~~118,~~437~~016.1449 ~~315~~295,~~067~~949,~~730~~714.8738 0.~~84239330~~79127766 1419,~~658~~118,~~437~~016.1449 A-2A 1211,~~423~~325,~~291~~337.4542 ~~149~~138,~~974~~649,~~950~~613.5008 0.~~78454784~~72530282 1211,~~423~~325,~~291~~337.4542 A-2B 0.00 45,858,000.00 1.00000000 0.00 M-1 0.00 49,959,000.00 1.00000000 0.00 M-2 0.00 42,273,000.00 1.00000000 0.00 M-3 0.00 13,450,000.00 1.00000000 0.00 B-1 0.00 11,529,000.00 1.00000000 0.00 B-2 0.00 11,529,000.00 1.00000000 0.00 B-3 0.00 11,529,000.00 1.00000000 0.00 X 0.00 17,293,429.89 0.99997373 0.00 X 0.00 17,293,429.89 0.99997373 0.00 P 0.00 0.00 0.00000000 0.00 UT-R 0.00 0.00 0.00000000 0.00 UT-R 0.00 0.00 0.00000000 0.00 Totals 2730,~~081~~443,~~728~~353.5991 ~~685~~655,~~756~~313,~~541~~187.1524 0.~~87258506~~83384767 2730,~~081~~443,~~728~~353.5991

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 374,015,000.00 ~~881~~842.~~58541238~~39330206 0.00000000 3951.~~19211032~~11564106 0.00000000 A-2A 191,161,000.00 ~~849~~784.~~53647423~~54784449 0.00000000 6459.~~98862974~~24502079 0.00000000 A-2B 45,858,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 49,959,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 42,273,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 13,450,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 11,529,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 11,529,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 11,529,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 17,293,884.22 999.97372886 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 UT-R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 3951.~~19211032~~11564106 ~~842~~791.~~39330206~~27766100 0.~~84239330~~79127766 3951.~~19211032~~11564106 A-2A 0.00000000 6459.~~98862974~~24502079 ~~784~~725.~~54784449~~30282369 0.~~78454784~~72530282 6459.~~98862974~~24502079 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.97372886 0.99997373 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UT-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 374,015,000.00 1.~~66000~~81000% ~~329~~315,~~726~~067,~~168~~730.0187 ~~471~~475,~~325~~227.2416 0.00 0.00 A-2A 191,161,000.00 1.~~53000~~68000% ~~162~~149,~~398~~974,~~241~~950.9550 ~~213~~209,~~959~~964.6893 0.00 0.00 A-2B 45,858,000.00 1.~~80000~~95000% 45,858,000.00 7174,~~079~~519.9025 0.00 0.00 M-1 49,959,000.00 12.~~95000~~10000% 49,959,000.00 8387,~~889~~428.4925 0.00 0.00 M-2 42,273,000.00 2.~~70000~~85000% 42,273,000.00 98100,~~284~~398.7337 0.00 0.00 M-3 13,450,000.00 23.~~90000~~05000% 13,450,000.00 3334,~~587~~185.6442 0.00 0.00 B-1 11,529,000.00 3.~~05000~~20000% 11,529,000.00 30,~~279~~744.6400 0.00 0.00 B-2 11,529,000.00 3.~~25000~~40000% 11,529,000.00 32,~~265~~665.1950 0.00 0.00 B-3 11,529,000.00 5.~~30000~~45000% 11,529,000.00 52,~~617~~360.0788 0.00 0.00 X 17,293,884.22 0.00000% 17,293,429.89 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 UT-R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 768,596,884.22 1,~~087~~097,~~288~~493.5876 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 ~~471~~475,~~325~~227.2617 0.00 ~~315~~295,~~067~~949,~~730~~714.8738 A-2A 0.00 0.00 ~~213~~209,~~959~~964.6993 0.00 ~~149~~138,~~974~~649,~~950~~613.5008 A-2B 0.00 0.00 7174,~~079~~519.9025 0.00 45,858,000.00 M-1 0.00 0.00 8387,~~889~~428.4925 0.00 49,959,000.00 M-2 0.00 0.00 98100,~~284~~398.7338 0.00 42,273,000.00 M-3 0.00 0.00 3334,~~587~~185.6442 0.00 13,450,000.00 B-1 0.00 0.00 30,~~279~~744.6400 0.00 11,529,000.00 B-2 0.00 0.00 32,~~265~~665.1950 0.00 11,529,000.00 B-3 0.00 0.00 52,~~617~~360.0888 0.00 11,529,000.00 X 0.00 0.00 2,~~783~~612,~~485~~771.0994 0.00 17,293,429.89 P 0.00 0.00 ~~660~~699,~~799~~420.1392 0.00 0.01 UT-R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,~~531~~409,~~572~~686.8464 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 374,015,000.00 1.~~66000~~81000% ~~881~~842.~~58541238~~39330206 1.~~26017737~~27060990 0.00000000 0.00000000 A-2A 191,161,000.00 1.~~53000~~68000% ~~849~~784.~~53647423~~54784449 1.~~11926429~~09836698 0.00000000 0.00000000 A-2B 45,858,000.00 1.~~80000~~95000% 1000.00000000 1.~~55000000~~62500000 0.00000000 0.00000000 M-1 49,959,000.00 12.~~95000~~10000% 1000.00000000 1.~~67916672~~75000000 0.00000000 0.00000000 M-2 42,273,000.00 2.~~70000~~85000% 1000.00000000 2.~~32500012~~37499988 0.00000000 0.00000000 M-3 13,450,000.00 23.~~90000~~05000% 1000.00000000 2.~~49722230~~54166691 0.00000000 0.00000000 B-1 11,529,000.00 3.~~05000~~20000% 1000.00000000 2.~~62638911~~66666667 0.00000000 0.00000000 B-2 11,529,000.00 3.~~25000~~40000% 1000.00000000 2.~~79861133~~83333333 0.00000000 0.00000000 B-3 11,529,000.00 5.~~30000~~45000% 1000.00000000 4.~~56388846~~54166710 0.00000000 0.00000000 X 17,293,884.22 0.00000% 999.97372886 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 UT-R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 1.~~26017743~~27060992 0.00000000 ~~842~~791.~~39330206~~27766100 A-2A 0.00000000 0.00000000 1.~~11926434~~09836698 0.00000000 ~~784~~725.~~54784449~~30282369 A-2B 0.00000000 0.00000000 1.~~55000000~~62500000 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 1.~~67916672~~75000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~32500012~~37500012 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~49722230~~54166691 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 2.~~62638911~~66666667 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 2.~~79861133~~83333333 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~56388932~~54166710 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~160~~151.~~95199058~~08068880 0.00000000 999.97372886 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UT-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3134,~~269~~465,~~975~~628.5947 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) (2429,~~030~~861.6972) Prepayment Penalties ~~660~~699,~~799~~420.1392 Total Deposits 3135,~~906~~135,~~744~~187.0367 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~293~~282,~~442~~147.6012 Payment of Interest and Principal 3134,~~613~~853,~~301~~040.4355 Total Withdrawals (Pool Distribution Amount) 3135,~~906~~135,~~744~~187.0367 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~289~~278,~~675~~526.0527 Trustee Fee 3,~~767~~620.5585 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~293~~282,~~442~~147.6012

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 017 04 0 021 01,938,125.0089 01,034,051.0040 0.00 02,972,177.0029 30 Days ~~258~~64 02 01 0 ~~258~~67 3510,~~840~~231,~~117~~280.3591 081,273.0091 091,110.0076 0.00 3510,~~840~~403,~~117~~665.3558 60 Days 6713 0 011 0 6724 101,~~236~~998,~~103~~877.6745 0.00 02,292,305.0052 0.00 104,~~236~~291,~~103~~182.6797 90 Days 3012 288 4039 03 9862 3728,~~508,964~~491.7430 2659,~~873,147~~489.7313 6,~~687~~967,~~121~~708.0553 0298,779.0003 138,~~069~~654,~~233~~467.5299 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~355~~89 2827 4055 03 ~~423~~174 4912,~~585~~958,~~185~~649.7666 2,~~873~~678,~~147~~888.7393 610,~~687~~385,~~121~~176.0521 0298,779.0003 5926,~~145~~321,~~454~~493.5483 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~000000~~429185% 0.~~000000~~100985% 0.000000% 0.~~000000~~530169% 0.~~000000~~303772% 0.~~000000~~162072% 0.000000% 0.~~000000~~465844% 30 Days 61.~~210881~~615754% 0.~~000000~~050492% 0.~~000000~~025246% 0.000000% 61.~~210881~~691492% 51.~~361570~~603599% 0.~~000000~~012738% 0.~~000000~~014280% 0.000000% 51.~~361570~~630618% 60 Days 10.~~612903~~328200% 0.000000% 0.~~000000~~277708% 0.000000% 10.~~612903~~605908% 10.~~531289~~313294% 0.000000% 0.~~000000~~359284% 0.000000% 10.~~531289~~672578% 90 Days 0.~~722195~~302954% 0.~~674049~~201969% 0.~~962927~~984600% 0.~~000000~~075738% 21.~~359172~~565261% 0.~~524930~~114180% 0.~~429814~~103365% 1.~~000372~~092084% 0.~~000000~~046829% 1.~~955117~~356458% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 82.~~545980~~246907% 0.~~674049~~681646% 01.~~962927~~388538% 0.~~000000~~075738% 104.~~182956~~392830% 72.~~417789~~031073% 0.~~429814~~419876% 1.~~000372~~627720% 0.~~000000~~046829% 84.~~847976~~125498%

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 7.~~224832~~220637% Weighted Average Net Coupon 6.~~725065~~720637% Weighted Average Pass-Through Rate 6.~~718565~~714137% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 4,~~317~~154 Number Of Loans Paid In Full ~~163~~193 Ending Scheduled Collateral Loan Count 43,~~154~~961 Beginning Scheduled Collateral Balance ~~695~~668,~~544~~463,~~839~~111.8627 Ending Scheduled Collateral Balance ~~668~~638,~~463~~019,~~111~~757.2736 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2004 ~~668~~638,~~463~~019,~~111~~757.2736 Monthly P &I Constant 4,~~835~~650,~~040~~150.8379 Special Servicing Fee 0.00 Prepayment Penalties ~~660~~699,~~799~~420.1392 Realized Loss Amount 2429,~~030~~861.6972 Cumulative Realized Loss 2959,~~909~~771.7446 Ending Scheduled Balance for Premium Loans ~~668~~638,~~463~~019,~~111~~757.2736 Scheduled Principal ~~647~~627,~~378~~876.8424 Unscheduled Principal 2629,~~434~~815,~~349~~477.7567

Miscellaneous Reporting Excess Cash Amount 2,~~807~~642,~~515~~633.7866 Extra Principal Amount 2429,~~030~~861.6972 Specified Overcollateralization Amount 17,293,429.89 Overcollateralization Amount 17,293,429.89 Overcollateralization Deficiency ~~24,030~~0.6900 Overcollateralization Reduction 0.00 Overcollateralization Increase 2429,~~030~~861.6972 Senior Enhancement Percentage 2324.~~5708~~6955% Stepdown Not in Stepdown Trigger Event Not in Trigger Dividend Account Balance 0.00 Dividend Deposit 0.00 Dividend Withdrawal 0.00

Filing Compare · GS MORTGAGE SECURITIES CORP MTG PA THR CERT SER 2004-FM1