8-K 1 gsp04fm2_dec.txt DECEMBER 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): December 27, 2004 GOLDMAN SACHS MORTGAGE SECURITIES CORP. Mortgage Pass-Through Certificates, Series 2004-FM2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100818-27 54-2150431 Pooling and Servicing Agreement) (Commission 54-2150432 (State or other File Number) 54-6601036 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 December 27, 2004 a distribution was made to holders of GOLDMAN SACHS MORTGAGE SECURITIES CORP., Mortgage Pass-Through Certificates, Series 2004-FM2 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-FM2 Trust, relating to the December 27, 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-FM2 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: 12/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FM2 Trust, relating to the December 27, 2004 distribution. EX-99.1

GS Mortgage Securities Corp Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~GSP~~GS Mortgage Securities Corp Mortgage Pass-Through Certificates Series: 2004-FM2 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 36228FN85 SEN 2.~~16250~~41063% ~~182~~170,~~957~~223,~~712~~560.5753 ~~351~~353,~~685~~353.3752 1215,~~734~~835,~~152~~432.04 A-2A 36228FM60 SEN 2.~~14250~~39063% ~~204~~183,~~228~~753,~~861~~674.0903 ~~388~~378,~~942~~274.5196 2021,~~475~~231,~~187~~658.0617 A-2B 36228FM78 SEN 2.~~29250~~54063% 30,188,000.00 6166,~~516~~044.4324 0.00 A-3A 36228FM86 SEN 2.~~06250~~31063% ~~139~~126,~~116~~555,~~438~~454.6164 ~~255~~251,~~046~~808.7955 1222,~~560~~742,~~983~~554.9707 A-3B 36228FM94 SEN 2.~~35250~~60063% 44,069,000.00 9298,~~153~~689.1750 0.00 M-1 36228FN28 MEZ 2.~~43250~~68063% 67,695,000.00 ~~146~~156,~~371~~261.6374 0.00 M-2 36228FN36 MEZ 3.~~03250~~28063% 55,159,000.00 ~~148~~155,~~684~~823.1446 0.00 M-3 36228FN44 MEZ 3.~~23250~~48063% 17,550,000.00 5052,~~427~~601.0002 0.00 B-1 36228FN51 SUB 3.~~68250~~93063% 15,044,000.00 4950,~~244~~919.0256 0.00 B-2 36228FN69 SUB 34.~~78250~~03063% 14,542,000.00 4850,~~893~~472.4367 0.00 B-3 36228FN77 SUB 45.~~93250~~18063% 13,037,000.00 5758,~~160~~159.0034 0.00 B-4 36228FN93 SUB 5.~~43250~~68063% 12,536,000.00 6061,~~534~~321.9577 0.00 X 362260AL5 SEN 0.00000% 10,028,854.96 2,~~880~~556,~~627~~440.1466 0.00 P 362260AJ0 SEN 0.00000% 0.00 ~~930~~1,~~760~~041,369.2555 0.00 R GSP04FM2R RES 0.00000% 0.00 0.00 0.00 Totals ~~806~~760,~~151~~381,~~867~~544.2316 5,~~522~~331,~~046~~540.8354 4559,~~770~~809,~~323~~644.0728

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~170~~154,~~223~~388,~~560~~128.5349 1316,~~085~~188,~~837~~785.4156 0.00 A-2A 0.00 ~~183~~162,~~753~~522,~~674~~015.0385 2021,~~864~~609,~~129~~933.5713 0.00 A-2B 0.00 30,188,000.00 6166,~~516~~044.4324 0.00 A-3A 0.00 ~~126~~103,~~555~~812,~~454~~900.6457 1222,~~816~~994,~~030~~362.7662 0.00 A-3B 0.00 44,069,000.00 9298,~~153~~689.1750 0.00 M-1 0.00 67,695,000.00 ~~146~~156,~~371~~261.6374 0.00 M-2 0.00 55,159,000.00 ~~148~~155,~~684~~823.1446 0.00 M-3 0.00 17,550,000.00 5052,~~427~~601.0002 0.00 B-1 0.00 15,044,000.00 4950,~~244~~919.0256 0.00 B-2 0.00 14,542,000.00 4850,~~893~~472.4367 0.00 B-3 0.00 13,037,000.00 5758,~~160~~159.0034 0.00 B-4 0.00 12,536,000.00 6061,~~534~~321.9577 0.00 X 0.00 10,028,854.96 2,~~880~~556,~~627~~440.1466 0.00 P 0.00 0.00 ~~930~~1,~~760~~041,369.2555 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~760~~700,~~381~~571,~~544~~899.1687 5165,~~292~~141,~~369~~184.9082 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-1 241,162,000.00 ~~182~~170,~~957~~223,~~712~~560.5753 0.00 1215,~~734~~835,~~152~~432.04 0.00 0.00 A-2A 271,687,000.00 ~~204~~183,~~228~~753,~~861~~674.0903 0.00 2021,~~475~~231,~~187~~658.0617 0.00 0.00 A-2B 30,188,000.00 30,188,000.00 0.00 0.00 0.00 0.00 A-3A 210,187,000.00 ~~139~~126,~~116~~555,~~438~~454.6164 0.00 1222,~~560~~742,~~983~~554.9707 0.00 0.00 A-3B 44,069,000.00 44,069,000.00 0.00 0.00 0.00 0.00 M-1 67,695,000.00 67,695,000.00 0.00 0.00 0.00 0.00 M-2 55,159,000.00 55,159,000.00 0.00 0.00 0.00 0.00 M-3 17,550,000.00 17,550,000.00 0.00 0.00 0.00 0.00 B-1 15,044,000.00 15,044,000.00 0.00 0.00 0.00 0.00 B-2 14,542,000.00 14,542,000.00 0.00 0.00 0.00 0.00 B-3 13,037,000.00 13,037,000.00 0.00 0.00 0.00 0.00 B-4 12,536,000.00 12,536,000.00 0.00 0.00 0.00 0.00 X 10,029,495.99 10,028,854.96 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 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 1,002,885,495.99 ~~806~~760,~~151~~381,~~867~~544.2316 0.00 4559,~~770~~809,~~323~~644.0728 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 1215,~~734~~835,~~152~~432.04 ~~170~~154,~~223~~388,~~560~~128.5349 0.~~70584736~~64018431 1215,~~734~~835,~~152~~432.04 A-2A 2021,~~475~~231,~~187~~658.0617 ~~183~~162,~~753~~522,~~674~~015.0385 0.~~67634327~~59819578 2021,~~475~~231,~~187~~658.0617 A-2B 0.00 30,188,000.00 1.00000000 0.00 A-3A 1222,~~560~~742,~~983~~554.9707 ~~126~~103,~~555~~812,~~454~~900.6457 0.~~60210886~~49390733 1222,~~560~~742,~~983~~554.9707 A-3B 0.00 44,069,000.00 1.00000000 0.00 M-1 0.00 67,695,000.00 1.00000000 0.00 M-2 0.00 55,159,000.00 1.00000000 0.00 M-3 0.00 17,550,000.00 1.00000000 0.00 B-1 0.00 15,044,000.00 1.00000000 0.00 B-2 0.00 14,542,000.00 1.00000000 0.00 B-3 0.00 13,037,000.00 1.00000000 0.00 B-4 0.00 12,536,000.00 1.00000000 0.00 X 0.00 10,028,854.96 0.99993609 0.00 P 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 4559,~~770~~809,~~323~~644.0728 ~~760~~700,~~381~~571,~~544~~899.1687 0.~~75819378~~69855622 4559,~~770~~809,~~323~~644.0728

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 241,162,000.00 ~~758~~705.~~65066872~~84735792 0.00000000 5265.~~80331080~~66304824 0.00000000 A-2A 271,687,000.00 ~~751~~676.~~70641617~~34327012 0.00000000 7578.~~36314605~~14749388 0.00000000 A-2B 30,188,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3A 210,187,000.00 ~~661~~602.~~86985213~~10885849 0.00000000 59108.~~76099364~~20152564 0.00000000 A-3B 44,069,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 67,695,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 55,159,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 17,550,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 15,044,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 14,542,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 13,037,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 12,536,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 10,029,495.99 999.93608552 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 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 5265.~~80331080~~66304824 ~~705~~640.~~84735792~~18430968 0.~~70584736~~64018431 5265.~~80331080~~66304824 A-2A 0.00000000 7578.~~36314605~~14749388 ~~676~~598.~~34327012~~19577621 0.~~67634327~~59819578 7578.~~36314605~~14749388 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3A 0.00000000 59108.~~76099364~~20152564 ~~602~~493.~~10885849~~90733285 0.~~60210886~~49390733 59108.~~76099364~~20152564 A-3B 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 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.93608552 0.99993609 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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-1 241,162,000.00 2.~~16250~~41063% ~~182~~170,~~957~~223,~~712~~560.5753 ~~351~~353,~~685~~353.3852 0.00 0.00 A-2A 271,687,000.00 2.~~14250~~39063% ~~204~~183,~~228~~753,~~861~~674.0903 ~~388~~378,~~942~~274.5296 0.00 0.00 A-2B 30,188,000.00 2.~~29250~~54063% 30,188,000.00 6166,~~516~~044.4424 0.00 0.00 A-3A 210,187,000.00 2.~~06250~~31063% ~~139~~126,~~116~~555,~~438~~454.6164 ~~255~~251,~~046~~808.8055 0.00 0.00 A-3B 44,069,000.00 2.~~35250~~60063% 44,069,000.00 9298,~~153~~689.1850 0.00 0.00 M-1 67,695,000.00 2.~~43250~~68063% 67,695,000.00 ~~146~~156,~~371~~261.6374 0.00 0.00 M-2 55,159,000.00 3.~~03250~~28063% 55,159,000.00 ~~148~~155,~~684~~823.1545 0.00 0.00 M-3 17,550,000.00 3.~~23250~~48063% 17,550,000.00 5052,~~427~~601.0002 0.00 0.00 B-1 15,044,000.00 3.~~68250~~93063% 15,044,000.00 4950,~~244~~919.0356 0.00 0.00 B-2 14,542,000.00 34.~~78250~~03063% 14,542,000.00 4850,~~893~~472.4467 0.00 0.00 B-3 13,037,000.00 45.~~93250~~18063% 13,037,000.00 5758,~~160~~159.0034 0.00 0.00 B-4 12,536,000.00 5.~~43250~~68063% 12,536,000.00 6061,~~534~~321.9577 0.00 0.00 X 10,029,495.99 0.00000% 10,028,854.96 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,002,885,495.99 1,~~710~~733,~~659~~730.5232 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 ~~351~~353,~~685~~353.3752 0.00 ~~170~~154,~~223~~388,~~560~~128.5349 A-2A 0.00 0.00 ~~388~~378,~~942~~274.5196 0.00 ~~183~~162,~~753~~522,~~674~~015.0385 A-2B 0.00 0.00 6166,~~516~~044.4324 0.00 30,188,000.00 A-3A 0.00 0.00 ~~255~~251,~~046~~808.7955 0.00 ~~126~~103,~~555~~812,~~454~~900.6457 A-3B 0.00 0.00 9298,~~153~~689.1750 0.00 44,069,000.00 M-1 0.00 0.00 ~~146~~156,~~371~~261.6374 0.00 67,695,000.00 M-2 0.00 0.00 ~~148~~155,~~684~~823.1446 0.00 55,159,000.00 M-3 0.00 0.00 5052,~~427~~601.0002 0.00 17,550,000.00 B-1 0.00 0.00 4950,~~244~~919.0256 0.00 15,044,000.00 B-2 0.00 0.00 4850,~~893~~472.4367 0.00 14,542,000.00 B-3 0.00 0.00 5758,~~160~~159.0034 0.00 13,037,000.00 B-4 0.00 0.00 6061,~~534~~321.9577 0.00 12,536,000.00 X 0.00 0.00 2,~~880~~556,~~627~~440.1466 0.00 10,028,854.96 P 0.00 0.00 ~~930~~1,~~760~~041,369.2555 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,~~522~~331,~~046~~540.8354 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-1 241,162,000.00 2.~~16250~~41063% ~~758~~705.~~65066872~~84735792 1.~~45829517~~46521226 0.00000000 0.00000000 A-2A 271,687,000.00 2.~~14250~~39063% ~~751~~676.~~70641617~~34327012 1.~~43158311~~39231896 0.00000000 0.00000000 A-2B 30,188,000.00 2.~~29250~~54063% 1000.00000000 2.~~03777793~~18776467 0.00000000 0.00000000 A-3A 210,187,000.00 2.~~06250~~31063% ~~661~~602.~~86985213~~10885849 1.~~21342804~~19802152 0.00000000 0.00000000 A-3B 44,069,000.00 2.~~35250~~60063% 1000.00000000 2.~~09111121~~23943135 0.00000000 0.00000000 M-1 67,695,000.00 2.~~43250~~68063% 1000.00000000 2.~~16222217~~30832026 0.00000000 0.00000000 M-2 55,159,000.00 3.~~03250~~28063% 1000.00000000 2.~~69555558~~82498686 0.00000000 0.00000000 M-3 17,550,000.00 3.~~23250~~48063% 1000.00000000 2.~~87333333~~99720912 0.00000000 0.00000000 B-1 15,044,000.00 3.~~68250~~93063% 1000.00000000 3.~~27333355~~38470885 0.00000000 0.00000000 B-2 14,542,000.00 34.~~78250~~03063% 1000.00000000 3.~~36222253~~47082038 0.00000000 0.00000000 B-3 13,037,000.00 45.~~93250~~18063% 1000.00000000 4.~~38444427~~46109841 0.00000000 0.00000000 B-4 12,536,000.00 5.~~43250~~68063% 1000.00000000 4.~~82888880~~89165364 0.00000000 0.00000000 X 10,029,495.99 0.00000% 999.93608552 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 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.~~45829513~~46521226 0.00000000 ~~705~~640.~~84735792~~18430968 A-2A 0.00000000 0.00000000 1.~~43158307~~39231896 0.00000000 ~~676~~598.~~34327012~~19577621 A-2B 0.00000000 0.00000000 2.~~03777759~~18776467 0.00000000 1000.00000000 A-3A 0.00000000 0.00000000 1.~~21342800~~19802152 0.00000000 ~~602~~493.~~10885849~~90733285 A-3B 0.00000000 0.00000000 2.~~09111099~~23943135 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 2.~~16222217~~30832026 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~69555539~~82498704 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~87333333~~99720912 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 3.~~27333289~~38470885 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.~~36222184~~47082038 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~38444427~~46109841 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 4.~~82888880~~89165364 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~287~~254.~~21554332~~89223612 0.00000000 999.93608552 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 5065,~~700~~495,~~865~~064.1513 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) 0(33,885.0043) Prepayment Penalties ~~930,760~~0.2500 Total Deposits 5165,~~631~~461,~~625~~178.4070 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~339~~319,~~255~~993.5088 Payment of Interest and Principal 5165,~~292~~141,~~369~~184.9082 Total Withdrawals (Pool Distribution Amount) 5165,~~631~~461,~~625~~178.4070 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~335~~316,~~896~~825.5666 Trustee Fee 3,~~358~~168.9422 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~339~~319,~~255~~993.5088

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 916 10 0 1016 2,~~066~~237,~~840~~916.0911 ~~82,731~~0.6100 0.00 2,~~149~~237,~~571~~916.7011 30 Days 8087 75 10 0 8892 1415,~~059~~568,~~731~~497.0164 ~~113~~461,~~662~~220.8946 ~~412,918~~0.4300 0.00 1416,~~586~~029,~~312~~718.3310 60 Days 3124 2 95 0 4231 53,~~119~~259,~~784~~470.0592 ~~243~~224,~~395~~735.0455 1603,~~640,289~~960.2010 0.00 74,~~003~~088,~~468~~166.2957 90 Days 1114 5 1315 0 2934 ~~930~~1,~~995~~475,792.3505 ~~653~~594,~~839~~762.1150 23,~~642~~118,~~968~~814.5850 0.00 45,~~227~~189,~~803~~369.0405 120 Days 57 13 139 02 1921 ~~692~~594,~~153~~453.5980 ~~157~~352,~~054~~630.5355 21,~~268~~420,~~779~~839.5688 0224,636.0010 32,~~117~~592,~~987~~560.6833 150 Days 23 51 158 1 2313 99154,~~564~~570.2381 ~~840~~91,~~490~~658.0736 21,~~313~~857,~~695~~226.7510 ~~403~~127,~~095~~496.3369 32,~~656~~230,~~845~~951.3896 180+ Days 45 26 1218 25 2034 ~~112~~203,~~262~~191.3183 ~~285~~1,~~618~~056,884.8516 12,~~726~~474,~~710~~576.6840 84950,~~806~~569.6508 24,~~209~~685,~~398~~221.4947 Totals ~~133~~140 3138 6455 38 ~~231~~241 21,~~014~~255,~~490~~977.5405 45,~~360~~019,~~900~~807.5869 119,~~088~~475,~~093~~416.8198 ~~487~~1,~~901~~302,701.9887 3637,~~951~~053,~~386~~903.9159 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.~~207469~~397516% 0.~~023052~~000000% 0.000000% 0.~~230521~~397516% 0.~~271816~~319441% 0.~~010880~~000000% 0.000000% 0.~~282696~~319441% 30 Days 12.~~844168~~161491% 0.~~161365~~124224% 0.~~023052~~000000% 0.000000% 2.~~028585~~285714% 12.~~849036~~222256% 0.~~014948~~065835% 0.~~054304~~000000% 0.000000% 12.~~918289~~288090% 60 Days 0.~~714615~~596273% 0.~~046104~~049689% 0.~~207469~~124224% 0.000000% 0.~~968188~~770186% 0.~~673318~~465259% 0.~~032010~~032079% 0.~~215719~~086210% 0.000000% 0.~~921047~~583547% 90 Days 0.~~253573~~347826% 0.~~115260~~124224% 0.~~299677~~372671% 0.000000% 0.~~668511~~844720% 0.~~122438~~210655% 0.~~085988~~084897% 0.~~347585~~445181% 0.000000% 0.~~556011~~740733% 120 Days 0.~~115260~~173913% 0.~~023052~~074534% 0.~~299677~~223602% 0.~~000000~~049689% 0.~~437990~~521739% 0.~~091027~~084853% 0.~~020655~~050335% 0.~~298374~~202811% 0.~~000000~~032065% 0.~~410056~~370063% 150 Days 0.~~046104~~074534% 0.~~115260~~024845% 0.~~345781~~198758% 0.~~023052~~024845% 0.~~530198~~322981% 0.~~013094~~022064% 0.~~110535~~013083% 0.~~304281~~265101% 0.~~053012~~018199% 0.~~480922~~318447% 180+ Days 0.~~092208~~124224% 0.~~046104~~149068% 0.~~276625~~447205% 0.~~046104~~124224% 0.~~461042~~844720% 0.~~014764~~029004% 0.~~037563~~150860% 0.~~227085~~353222% 0.~~011153~~135685% 0.~~290564~~668771% Totals 3.~~065929~~478261% 0.~~714615~~944099% 1.~~475334~~366460% 0.~~069156~~198758% 5.~~325035~~987578% 23.~~763677~~034089% 0.~~573515~~716530% 1.~~458228~~352526% 0.~~064165~~185948% 45.~~859585~~289094%

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~339521~~329186% Weighted Average Net Coupon 6.~~839521~~829186% Weighted Average Pass-Through Rate 6.~~834521~~824186% Weighted Average Maturity(Stepdown Calculation ) ~~341~~340 Beginning Scheduled Collateral Loan Count 4,~~613~~338 Number Of Loans Paid In Full ~~275~~313 Ending Scheduled Collateral Loan Count 4,~~338~~025 Beginning Scheduled Collateral Balance ~~806~~760,~~151~~381,~~867~~544.2215 Ending Scheduled Collateral Balance ~~760~~700,~~381~~571,~~544~~899.1587 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~760~~700,~~381~~571,~~544~~899.1587 Monthly P &I Constant 5,~~600~~282,~~327~~557.0751 Special Servicing Fee 0.00 Prepayment Penalties ~~930,760~~0.2500 Realized Loss Amount 033,885.0043 Cumulative Realized Loss 72106,~~828~~713.0548 Ending Scheduled Balance for Premium Loans ~~760~~700,~~381~~571,~~544~~899.1587 Scheduled Principal ~~669~~638,~~686~~409.7416 Unscheduled Principal 4559,~~100~~171,~~636~~235.3312 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 10,028,854.96 Overcollateralized Amount 10,028,854.96 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 033,885.0043 Excess Cash Amount 2,~~880~~590,~~627~~326.1409

Miscellaneous Reporting Excess Cash Amount 2,~~880~~556,~~627~~440.1426 Extra Principal Amount 033,885.0043 Overcollateralization Amount 10,028,854.96 Overcollateralization Deficiency Amount 0.00 Overcollateralization Reduction Amount 0.00 Overcollateralization Increase Amount 033,885.0043 Overcollateralization Release Amount 0.00 Specified Overcollateralization Amount 10,028,854.96 Stepdown Not in Stepdown Overcollateralization Target Amount 10,028,854.96 Trigger Event Not in Trigger Cap Payment 0.00

Filing Compare · GS MORTGAGE SEC CORP MORTGA MORT PASSTHR CERTS SER 2004-FM2