8-K 1 gsp05ar1_10506.txt 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): June 27, 2005 GSR MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-AR1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120274-07 Pooling and Servicing Agreement) (Commission 54-2168005 (State or other File Number) 54-2168006 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 June 27, 2005 a distribution was made to holders of GSR MORTGAGE LOAN TRUST , Mortgage Pass-Through Certificates, Series 2005-AR1 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 2005-AR1 Trust, relating to the June 27, 2005 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. GSR MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-AR1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR1 Trust, relating to the June 27, 2005 distribution. EX-99.1

GS Mortgage Securities Corp Mortgage Pass-Through Certificates Record Date: 45/2931/2005 Distribution Date: 56/2527/2005 GS Mortgage Securities Corp Mortgage Pass-Through Certificates Series 2005-AR1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com 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~~ 1A1 ~~36242DPB3~~36242DUL5 SEN 4.~~40862~~39981% ~~192~~188,~~967~~083,~~998~~734.2810 ~~708~~689,~~934~~611.8413 ~~4,884,264.17~~ 2A1 ~~36242DPD9~~36242DUM3 SEN 4.~~98126~~98054% ~~145~~143,~~254~~252,~~210~~569.8118 ~~602~~594,~~957~~562.0891 ~~2,001,641.63~~ 3A1 ~~36242DPF4~~36242DUN1 SEN 5.~~20250~~20220% ~~184~~182,~~308~~325,~~913~~843.4907 ~~799~~790,~~056~~413.1413 ~~1,983,070.42~~ 3A2 ~~36242DPG2~~36242DUP6 SEN 5.~~20250~~20220% 7,~~472~~391,~~240~~842.0857 32,~~395~~044.2888 ~~80,397.51~~ 4A1 ~~36242DPL1~~36242DUQ4 SEN 5.~~16828~~16136% 8179,~~283~~477,~~624~~165.2256 ~~350~~341,~~080~~841.3759 ~~1,806,458.66~~ 4A2 ~~36242DPL1~~36242DVY6 SEN 5.~~16828~~16136% 5,~~645~~519,~~037~~581.4131 2423,~~312~~740.6143 ~~125,456.10~~ 1B1 ~~36242DPQ0~~36242DUR2 JUN 4.~~89124~~88721% 12,~~671~~666,~~098~~103.4562 51,~~647~~584.8595 ~~4,994.83~~ 1B2 ~~36242DPR8~~36242DUS0 JUN 4.~~89124~~88721% 4,~~450~~449,~~765~~011.7833 18,~~141~~119.4839 ~~1,754.45~~ 1B3 ~~36242DPS6~~36242DUT8 JUN 4.~~89124~~88721% 3,~~082~~081,~~375~~160.0400 12,~~563~~548.8757 ~~1,215.04~~ 1B4 ~~36242DPY3~~36242DVV2 JUN 4.~~89124~~88721% 2,~~054~~053,~~583~~773.7586 8,~~374~~364.5636 ~~809.90~~ 1B5 ~~36242DPZ0~~36242DVW0 JUN 4.~~89124~~88721% 2,~~054~~053,~~583~~773.7586 8,~~374~~364.5636 ~~809.90~~ 1B6 ~~36242DQA4~~36242DVX8 JUN 4.~~89124~~88721% 1,369,~~665~~125.3241 5,~~582~~576.8001 ~~539.91~~ R ~~36242DPW7~~36242DUU5 SEN 4.~~98054~~97978% 0.00 0.00 ~~0.00~~ Totals ~~642~~631,~~615~~723,~~096~~683.3887 2,~~622~~576,~~421~~771.~~44 10,891,412.52~~71

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1A1 8,884,116.88 0.00 ~~188~~179,~~083~~199,~~734~~617.1022 59,~~593~~573,~~199~~728.01 0.00 2A1 1,359,637.76 0.00 ~~143~~141,~~252~~892,~~569~~931.1842 21,~~604~~954,~~598~~200.7167 0.00 3A1 2,210,148.66 0.00 ~~182~~180,~~325~~115,~~843~~694.0740 23,~~782~~000,~~126~~561.5679 0.00 3A2 89,603.70 0.00 7,~~391~~302,~~842~~238.5786 ~~112~~121,~~792~~648.7958 0.00 4A1 2,754,084.65 0.00 7976,~~477~~723,~~165~~080.5691 23,~~156~~095,~~539~~926.0324 0.00 4A2 191,267.44 0.00 5,~~519~~328,~~581~~313.3187 ~~149~~215,~~768~~007.7187 0.00 1B1 5,101.15 0.00 12,~~666~~661,~~103~~002.6248 56,~~642~~686.6810 0.00 1B2 1,791.79 0.00 4,~~449~~447,~~011~~219.3354 19,~~895~~911.9318 0.00 1B3 1,240.91 0.00 3,~~081~~079,~~160~~919.0010 13,~~778~~789.9148 0.00 1B4 827.14 0.00 2,~~053~~052,~~773~~946.8672 9,~~184~~191.4650 0.00 1B5 827.14 0.00 2,~~053~~052,~~773~~946.8672 9,~~184~~191.4650 0.00 1B6 551.40 0.00 1,~~369~~368,~~125~~574.4101 6,~~122~~127.7141 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 15,499,198.62 0.00 ~~631~~616,~~723~~224,~~683~~485.8725 1318,~~513~~075,~~833~~970.9633 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) 1A1 211,732,000.00 ~~192~~188,~~967~~083,~~998~~734.2810 9394,~~854~~711.0835 48,~~790~~789,~~410~~405.0953 0.00 0.00 2A1 154,594,000.00 ~~145~~143,~~254~~252,~~210~~569.8118 4039,~~744~~948.7023 1,~~960~~319,~~896~~689.9353 0.00 0.00 3A1 193,750,000.00 ~~184~~182,~~308~~325,~~913~~843.4907 75,~~087~~554.4971 12,~~907~~134,~~982~~593.9495 0.00 0.00 3A2 7,855,000.00 7,~~472~~391,~~240~~842.0857 3,~~044~~063.1913 7786,~~353~~540.3257 0.00 0.00 4A1 86,006,000.00 8179,~~283~~477,~~624~~165.2256 2728,~~981~~095.9088 12,~~778~~725,~~476~~988.7577 0.00 0.00 4A2 5,973,000.00 5,~~645~~519,~~037~~581.4131 1,~~943~~951.3122 ~~123~~189,~~512~~316.8022 0.00 0.00 1B1 12,686,000.00 12,~~671~~666,~~098~~103.4562 45,~~994~~101.8315 0.00 0.00 0.00 1B2 4,456,000.00 4,~~450~~449,~~765~~011.7833 1,~~754~~791.4579 0.00 0.00 0.00 1B3 3,086,000.00 3,~~082~~081,~~375~~160.0400 1,~~215~~240.0491 0.00 0.00 0.00 1B4 2,057,000.00 2,~~054~~053,~~583~~773.7586 ~~809~~827.9014 0.00 0.00 0.00 1B5 2,057,000.00 2,~~054~~053,~~583~~773.7586 ~~809~~827.9014 0.00 0.00 0.00 1B6 1,371,276.08 1,369,~~665~~125.3241 ~~539~~551.9140 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 685,623,376.08 ~~642~~631,~~615~~723,~~096~~683.3887 ~~252~~253,~~779~~664.7005 1015,~~638~~245,~~632~~534.8357 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 1A1 48,884,~~264~~116.1788 ~~188~~179,~~083~~199,~~734~~617.1022 0.~~88831038~~84635113 48,884,~~264~~116.1788 2A1 21,~~001~~359,~~641~~637.6376 ~~143~~141,~~252~~892,~~569~~931.1842 0.~~92663732~~91784242 21,~~001~~359,~~641~~637.6376 3A1 12,~~983~~210,~~070~~148.4266 ~~182~~180,~~325~~115,~~843~~694.0740 0.~~94103661~~92962939 12,~~983~~210,~~070~~148.4266 3A2 8089,~~397~~603.5170 7,~~391~~302,~~842~~238.5786 0.~~94103661~~92962939 8089,~~397~~603.5170 4A1 12,~~806~~754,~~458~~084.6665 7976,~~477~~723,~~165~~080.5691 0.~~92408862~~89206661 12,~~806~~754,~~458~~084.6665 4A2 ~~125~~191,~~456~~267.1044 5,~~519~~328,~~581~~313.3187 0.~~92408862~~89206661 ~~125~~191,~~456~~267.1044 1B1 45,~~994~~101.8315 12,~~666~~661,~~103~~002.6248 0.~~99843163~~99802952 45,~~994~~101.8315 1B2 1,~~754~~791.4579 4,~~449~~447,~~011~~219.3354 0.~~99843163~~99802952 1,~~754~~791.4579 1B3 1,~~215~~240.0491 3,~~081~~079,~~160~~919.0010 0.~~99843163~~99802952 1,~~215~~240.0491 1B4 ~~809~~827.9014 2,~~053~~052,~~773~~946.8672 0.~~99843163~~99802952 ~~809~~827.9014 1B5 ~~809~~827.9014 2,~~053~~052,~~773~~946.8672 0.~~99843163~~99802952 ~~809~~827.9014 1B6 ~~539~~551.9140 1,~~369~~368,~~125~~574.4101 0.~~99843163~~99802952 ~~539~~551.9140 R 0.00 0.00 0.00000000 0.00 Totals 1015,~~891~~499,~~412~~198.5262 ~~631~~616,~~723~~224,~~683~~485.8725 0.~~92138586~~89877986 1015,~~891~~499,~~412~~198.5262

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 211,732,000.00 ~~911~~888.~~37852701~~31038341 0.~~44326828~~44731713 2241.~~62487527~~51193740 0.00000000 2A1 154,594,000.00 ~~939~~926.~~58504735~~63731568 0.~~26355939~~25840738 128.~~68417228~~53648609 0.00000000 3A1 193,750,000.00 ~~951~~941.~~27181156~~03660939 0.~~38754834~~38995979 911.~~84765388~~01725910 0.00000000 3A2 7,855,000.00 ~~951~~941.~~27181158~~03660980 0.~~38754806~~38995926 911.~~84765372~~01725907 0.00000000 4A1 86,006,000.00 ~~945~~924.~~09248448~~08861661 0.~~32534823~~32667349 2031.~~67851952~~69533253 0.00000000 4A2 5,973,000.00 ~~945~~924.~~09248451~~08861711 0.~~32534907~~32667336 2031.~~67852001~~69533233 0.00000000 1B1 12,686,000.00 998.~~82535472~~43162699 0.~~39372773~~40210862 0.00000000 0.00000000 1B2 4,456,000.00 998.~~82535458~~43162702 0.~~39372756~~40210727 0.00000000 0.00000000 1B3 3,086,000.00 998.~~82535321~~43162670 0.~~39372651~~40210953 0.00000000 0.00000000 1B4 2,057,000.00 998.~~82535246~~43162859 0.~~39372873~~40210987 0.00000000 0.00000000 1B5 2,057,000.00 998.~~82535246~~43162859 0.~~39372873~~40210987 0.00000000 0.00000000 1B6 1,371,276.08 998.~~82535689~~43162874 0.~~39372815~~40210721 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A1 0.00000000 2341.~~06814355~~95925453 ~~888~~846.~~31038341~~35112888 0.~~88831038~~84635113 2341.~~06814355~~95925453 2A1 0.00000000 128.~~94773167~~79489346 ~~926~~917.~~63731568~~84242222 0.~~92663732~~91784242 128.~~94773167~~79489346 3A1 0.00000000 1011.~~23520217~~40721889 ~~941~~929.~~03660939~~62939045 0.~~94103661~~92962939 1011.~~23520217~~40721889 3A2 0.00000000 1011.~~23520178~~40721833 ~~941~~929.~~03660980~~62939020 0.~~94103661~~92962939 1011.~~23520178~~40721833 4A1 0.00000000 2132.~~00386787~~02200602 ~~924~~892.~~08861661~~06661059 0.~~92408862~~89206661 2132.~~00386787~~02200602 4A2 0.00000000 2132.~~00386740~~02200569 ~~924~~892.~~08861711~~06661142 0.~~92408862~~89206661 2132.~~00386740~~02200569 1B1 0.00000000 0.~~39372773~~40210862 998.~~43162699~~02951915 0.~~99843163~~99802952 0.~~39372773~~40210862 1B2 0.00000000 0.~~39372756~~40210727 998.~~43162702~~02951975 0.~~99843163~~99802952 0.~~39372756~~40210727 1B3 0.00000000 0.~~39372651~~40210953 998.~~43162670~~02952041 0.~~99843163~~99802952 0.~~39372651~~40210953 1B4 0.00000000 0.~~39372873~~40210987 998.~~43162859~~02951872 0.~~99843163~~99802952 0.~~39372873~~40210987 1B5 0.00000000 0.~~39372873~~40210987 998.~~43162859~~02951872 0.~~99843163~~99802952 0.~~39372873~~40210987 1B6 0.00000000 0.~~39372815~~40210721 998.~~43162874~~02952152 0.~~99843163~~99802952 0.~~39372815~~40210721 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 1A1 211,732,000.00 4.~~40862~~39981% ~~192~~188,~~967~~083,~~998~~734.2810 ~~708~~689,~~934~~611.8413 0.00 0.00 2A1 154,594,000.00 4.~~98126~~98054% ~~145~~143,~~254~~252,~~210~~569.8118 ~~602~~594,~~957~~562.0891 0.00 0.00 3A1 193,750,000.00 5.~~20250~~20220% ~~184~~182,~~308~~325,~~913~~843.4907 ~~799~~790,~~056~~413.1413 0.00 0.00 3A2 7,855,000.00 5.~~20250~~20220% 7,~~472~~391,~~240~~842.0857 32,~~395~~044.2888 0.00 0.00 4A1 86,006,000.00 5.~~16828~~16136% 8179,~~283~~477,~~624~~165.2256 ~~350~~341,~~080~~841.3759 0.00 0.00 4A2 5,973,000.00 5.~~16828~~16136% 5,~~645~~519,~~037~~581.4131 2423,~~312~~740.6143 0.00 0.00 1B1 12,686,000.00 4.~~89124~~88721% 12,~~671~~666,~~098~~103.4562 51,~~647~~584.8595 0.00 0.00 1B2 4,456,000.00 4.~~89124~~88721% 4,~~450~~449,~~765~~011.7833 18,~~141~~119.4839 0.00 0.00 1B3 3,086,000.00 4.~~89124~~88721% 3,~~082~~081,~~375~~160.0400 12,~~563~~548.8757 0.00 0.00 1B4 2,057,000.00 4.~~89124~~88721% 2,~~054~~053,~~583~~773.7586 8,~~374~~364.5636 0.00 0.00 1B5 2,057,000.00 4.~~89124~~88721% 2,~~054~~053,~~583~~773.7586 8,~~374~~364.5636 0.00 0.00 1B6 1,371,276.08 4.~~89124~~88721% 1,369,~~665~~125.3241 5,~~582~~576.8001 0.00 0.00 R 100.00 4.~~98054~~97978% 0.00 0.00 0.00 0.00 Totals 685,623,376.08 2,~~622~~576,~~421~~771.4471 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 1A1 0.00 0.00 ~~708~~689,~~934~~611.8413 0.00 ~~188~~179,~~083~~199,~~734~~617.1022 2A1 0.00 0.00 ~~602~~594,~~957~~562.0891 0.00 ~~143~~141,~~252~~892,~~569~~931.1842 3A1 0.00 0.00 ~~799~~790,~~056~~413.1413 0.00 ~~182~~180,~~325~~115,~~843~~694.0740 3A2 0.00 0.00 32,~~395~~044.2888 0.00 7,~~391~~302,~~842~~238.5786 4A1 0.00 0.00 ~~350~~341,~~080~~841.3759 0.00 7976,~~477~~723,~~165~~080.5691 4A2 0.00 0.00 2423,~~312~~740.6143 0.00 5,~~519~~328,~~581~~313.3187 1B1 0.00 0.00 51,~~647~~584.8595 0.00 12,~~666~~661,~~103~~002.6248 1B2 0.00 0.00 18,~~141~~119.4839 0.00 4,~~449~~447,~~011~~219.3354 1B3 0.00 0.00 12,~~563~~548.8757 0.00 3,~~081~~079,~~160~~919.0010 1B4 0.00 0.00 8,~~374~~364.5636 0.00 2,~~053~~052,~~773~~946.8672 1B5 0.00 0.00 8,~~374~~364.5636 0.00 2,~~053~~052,~~773~~946.8672 1B6 0.00 0.00 5,~~582~~576.8001 0.00 1,~~369~~368,~~125~~574.4101 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~622~~576,~~421~~771.4471 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 1A1 211,732,000.00 4.~~40862~~39981% ~~911~~888.~~37852701~~31038341 3.~~34826498~~25700003 0.00000000 0.00000000 2A1 154,594,000.00 4.~~98126~~98054% ~~939~~926.~~58504735~~63731568 3.~~90026185~~84596369 0.00000000 0.00000000 3A1 193,750,000.00 5.~~20250~~20220% ~~951~~941.~~27181156~~03660939 4.~~12416072~~07955164 0.00000000 0.00000000 3A2 7,855,000.00 5.~~20250~~20220% ~~951~~941.~~27181158~~03660980 4.~~12416041~~07955188 0.00000000 0.00000000 4A1 86,006,000.00 5.~~16828~~16136% ~~945~~924.~~09248448~~08861661 43.~~07041799~~97462491 0.00000000 0.00000000 4A2 5,973,000.00 5.~~16828~~16136% ~~945~~924.~~09248451~~08861711 43.~~07041855~~97462414 0.00000000 0.00000000 1B1 12,686,000.00 4.~~89124~~88721% 998.~~82535472~~43162699 4.~~07124783~~06628961 0.00000000 0.00000000 1B2 4,456,000.00 4.~~89124~~88721% 998.~~82535458~~43162702 4.~~07124776~~06629039 0.00000000 0.00000000 1B3 3,086,000.00 4.~~89124~~88721% 998.~~82535321~~43162670 4.~~07124757~~06628970 0.00000000 0.00000000 1B4 2,057,000.00 4.~~89124~~88721% 998.~~82535246~~43162859 4.~~07124939~~06629071 0.00000000 0.00000000 1B5 2,057,000.00 4.~~89124~~88721% 998.~~82535246~~43162859 4.~~07124939~~06629071 0.00000000 0.00000000 1B6 1,371,276.08 4.~~89124~~88721% 998.~~82535689~~43162874 4.~~07124436~~06629276 0.00000000 0.00000000 R 100.00 4.~~98054~~97978% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 1A1 0.00000000 0.00000000 3.~~34826498~~25700003 0.00000000 ~~888~~846.~~31038341~~35112888 2A1 0.00000000 0.00000000 3.~~90026185~~84596369 0.00000000 ~~926~~917.~~63731568~~84242222 3A1 0.00000000 0.00000000 4.~~12416072~~07955164 0.00000000 ~~941~~929.~~03660939~~62939045 3A2 0.00000000 0.00000000 4.~~12416041~~07955188 0.00000000 ~~941~~929.~~03660980~~62939020 4A1 0.00000000 0.00000000 43.~~07041799~~97462491 0.00000000 ~~924~~892.~~08861661~~06661059 4A2 0.00000000 0.00000000 43.~~07041855~~97462414 0.00000000 ~~924~~892.~~08861711~~06661142 1B1 0.00000000 0.00000000 4.~~07124783~~06628961 0.00000000 998.~~43162699~~02951915 1B2 0.00000000 0.00000000 4.~~07124776~~06629039 0.00000000 998.~~43162702~~02951975 1B3 0.00000000 0.00000000 4.~~07124757~~06628970 0.00000000 998.~~43162670~~02952041 1B4 0.00000000 0.00000000 4.~~07124939~~06629071 0.00000000 998.~~43162859~~02951872 1B5 0.00000000 0.00000000 4.~~07124939~~06629071 0.00000000 998.~~43162859~~02951872 1B6 0.00000000 0.00000000 4.~~07124436~~06629276 0.00000000 998.~~43162874~~02952152 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 1318,~~679~~239,~~876~~061.1391 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) 0.00 Prepayment Penalties 0.00 Total Deposits 1318,~~679~~239,~~876~~061.1391 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~166~~163,~~042~~091.1758 Payment of Interest and Principal 1318,~~513~~075,~~833~~970.9633 Total Withdrawals (Pool Distribution Amount) 1318,~~679~~239,~~876~~061.1391 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~166~~163,~~042~~091.1758 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~166~~163,~~042~~091.1758

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 10 0 10 0 20 ~~634,947~~0.4100 0.00 ~~860,000~~0.00 0.00 ~~1,494,947~~0.4100 90 Days 01 0 01 0 02 0634,947.0041 0.00 0860,000.00 0.00 01,494,947.0041 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 1 0 1 0 2 634,947.41 0.00 860,000.00 0.00 1,494,947.41 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.~~076864~~000000% 0.000000% 0.~~076864~~000000% 0.000000% 0.~~153728~~000000% 0.~~100455~~000000% 0.000000% 0.~~136061~~000000% 0.000000% 0.~~236516~~000000% 90 Days 0.~~000000~~078555% 0.000000% 0.~~000000~~078555% 0.000000% 0.~~000000~~157109% 0.~~000000~~102995% 0.000000% 0.~~000000~~139502% 0.000000% 0.~~000000~~242497% 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 0.~~076864~~078555% 0.000000% 0.~~076864~~078555% 0.000000% 0.~~153728~~157109% 0.~~100455~~102995% 0.000000% 0.~~136061~~139502% 0.000000% 0.~~236516~~242497%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 10 0 10 0.00 0.00 ~~860,000~~0.00 0.00 ~~860,000~~0.00 90 Days 0 0 01 0 01 0.00 0.00 0860,000.00 0.00 0860,000.00 120 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 0 0 1 0 1 0.00 0.00 860,000.00 0.00 860,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.~~241546~~000000% 0.000000% 0.~~241546~~000000% 0.000000% 0.000000% 0.~~437547~~000000% 0.000000% 0.~~437547~~000000% 90 Days 0.000000% 0.000000% 0.~~000000~~251889% 0.000000% 0.~~000000~~251889% 0.000000% 0.000000% 0.~~000000~~458483% 0.000000% 0.~~000000~~458483% 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 0.000000% 0.000000% 0.~~241546~~251889% 0.000000% 0.~~241546~~251889% 0.000000% 0.000000% 0.~~437547~~458483% 0.000000% 0.~~437547~~458483% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 10 0 0 0 10 ~~634,947~~0.4100 0.00 0.00 0.00 ~~634,947~~0.4100 90 Days 01 0 0 0 01 0634,947.0041 0.00 0.00 0.00 0634,947.0041 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 1 0 0 0 1 634,947.41 0.00 0.00 0.00 634,947.41 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.~~295858~~000000% 0.000000% 0.000000% 0.000000% 0.~~295858~~000000% 0.~~425262~~000000% 0.000000% 0.000000% 0.000000% 0.~~425262~~000000% 90 Days 0.~~000000~~298507% 0.000000% 0.000000% 0.000000% 0.~~000000~~298507% 0.~~000000~~429178% 0.000000% 0.000000% 0.000000% 0.~~000000~~429178% 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 0.~~295858~~298507% 0.000000% 0.000000% 0.000000% 0.~~295858~~298507% 0.~~425262~~429178% 0.000000% 0.000000% 0.000000% 0.~~425262~~429178% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 209,462.00 0.03055059% 209,462.00 0.~~03315722~~03399118% Fraud 6,856,233.76 1.00000000% 6,856,233.76 1.~~08532163~~11261950% Special Hazard 56,938,268.00 8.30459841% 56,938,268.00 9.~~01316026~~23985810% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~207652~~205116% Weighted Average Net Coupon 4.~~897590~~895313% Weighted Average Pass-Through Rate 4.~~897030~~894744% Weighted Average Maturity(Stepdown Calculation ) ~~352~~351 Beginning Scheduled Collateral Loan Count 1,~~320~~301 Number Of Loans Paid In Full 1928 Ending Scheduled Collateral Loan Count 1,~~301~~273 Beginning Scheduled Collateral Balance ~~642~~631,~~615~~723,~~096~~683.3987 Ending Scheduled Collateral Balance ~~631~~616,~~723~~224,~~683~~485.8725 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 ~~632~~616,~~071~~480,~~495~~752.9826 Monthly P &I Constant 32,~~041~~993,~~542~~826.9880 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~252~~253,~~779~~664.6905 Unscheduled Principal 1015,~~638~~245,~~632~~534.8357

Miscellaneous Reporting Senior Percentage- Group 1 95.~~905727~~805821% Senior Percentage- Group 2 9695.~~021360~~969094% Senior Percentage- Group 3 96.~~069554~~030056% Senior Percentage- Group 4 9695.~~044256~~959315% Senior Prepay Amount- Group 1 48,~~790~~789,~~410~~405.0953 Senior Prepay Amount- Group 2 1,~~960~~319,~~896~~689.9353 Senior Prepay Amount- Group 3 12,~~985~~221,~~336~~134.2652 Senior Prepay Amount- Group 4 12,~~901~~915,~~989~~304.5599 Senior Prepay Percentage- Group 1 100.000000% Senior Prepay Percentage- Group 2 100.000000% Senior Prepay Percentage- Group 3 100.000000% Senior Prepay Percentage- Group 4 100.000000% Subordinate Percentage- Group 1 4.~~094273~~194179% Subordinate Percentage- Group 2 34.~~978640~~030906% Subordinate Percentage- Group 3 3.~~930446~~969944% Subordinate Percentage- Group 4 34.~~955744~~040685%

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 4.~~658616~~649813 5.~~231256~~230542 5.~~539184~~538096 Weighted Average Net Rate 4.~~408616~~399813 4.~~981256~~980542 5.~~204303~~204021 Weighted Average Maturity ~~351~~350 ~~353~~ 352 351 Beginning Loan Count ~~423~~414 ~~342~~338 ~~393~~390 Loans Paid In Full 917 4 3 4 Ending Loan Count ~~414~~397 ~~338~~335 ~~390~~386 Beginning Scheduled Balance ~~201~~196,~~205~~317,~~918~~647.6074 ~~151~~149,~~272~~269,~~811~~481.8698 ~~199~~197,~~627~~560,~~401~~737.6010 Ending ~~scheduled~~Scheduled Balance ~~196~~187,~~317~~429,~~647~~384.7459 ~~149~~147,~~269~~908,~~481~~166.9831 ~~197~~195,~~560~~257,~~737~~734.1062 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~878~~859,~~978~~557.4195 ~~701~~692,~~888~~259.6377 1993,~~002,805~~626.6352 Scheduled Principal 9798,~~860~~857.7762 4241,~~432~~626.9514 81,~~328~~867.2496 Unscheduled Principal 48,~~790~~789,~~410~~405.0953 1,~~960~~319,~~896~~689.9353 12,~~985~~221,~~336~~134.2652 Scheduled Interest ~~781~~760,~~117~~700.6433 ~~659~~650,~~455~~633.6863 ~~921~~911,~~477~~758.3956 Servicing Fees 4140,~~917~~899.9051 31,~~515~~097.1781 55,~~709~~000.4305 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 299.8162 Pool Insurance Fee 0.00 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 0.00 Net Interest ~~739~~719,~~199~~800.7482 ~~627~~619,~~940~~535.5182 ~~865~~856,~~468~~458.1589 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.~~408616~~399813 4.~~981256~~980542 5.~~202501~~202201

Group Level Collateral Statement Group 4 Total Collateral Description Fixed 15/30 & ARM Mixed ARM Weighted Average Coupon Rate 5.~~657507~~650349 5.~~207652~~205116 Weighted Average Net Rate 5.~~168279~~161355 4.~~897590~~895313 Weighted Average Maturity ~~353~~ 352 351 Beginning Loan Count ~~162~~159 1,~~320~~301 Loans Paid In Full 34 1928 Ending Loan Count ~~159~~155 1,~~301~~273 Beginning Scheduled Balance 9088,~~508~~575,~~964~~817.3305 ~~642~~631,~~615~~723,~~096~~683.3987 Ending scheduled Balance 8885,~~575~~629,~~817~~199.0573 ~~631~~616,~~723~~224,~~683~~485.8725 Record Date 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~457~~448,~~870~~382.3156 32,~~041~~993,~~542~~826.9880 Scheduled Principal 31,~~157~~312.7333 ~~252~~253,~~779~~664.6905 Unscheduled Principal 12,~~901~~915,~~989~~304.5599 1015,~~638~~245,~~632~~534.8357 Scheduled Interest ~~426~~417,~~712~~070.5823 2,~~788~~740,~~763~~162.2975 Servicing Fees 36,~~899~~094.6321 ~~166~~163,~~042~~091.1358 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 299.8162 Pool Insurance Fee 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 Net Interest ~~389~~380,~~812~~976.9502 2,~~622~~576,~~421~~771.3555 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~168279~~161355 4.~~897030~~894744

Filing Compare · GSR Mortgage Loan Trust 2005-AR1