|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|--------------------------- | ------ | --------- | ------------- | ----- | -------------- |  | ----------------------- |  | --------------- |  | --------- |  |  |  | -------------- | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |               
|GSAMP Trust Series 2005-HE3
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|2005 Annual Statement      
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | DISTRIBUTION IN DOLLARS |  |                 |  |           |  | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                      |        | CLASS     |               | CUSIP |                |  | INTEREST                |  |                 |  | PRINCIPAL |  | 
|200507                      | A-1A   | 362341CA5 | $635,353.69   |       | $9,382,030.01  |  | $247,614,969.99         | 
|200508                      | A-1A   | 362341CA5 | $786,796.57   |       | $9,184,988.79  |  | $238,429,981.20         | 
|200509                      | A-1A   | 362341CA5 | $820,464.06   |       | $11,882,334.82 |  | $226,547,646.38         | 
|200510                      | A-1A   | 362341CA5 | $740,936.66   |       | $14,715,100.85 |  | $211,832,545.53         | 
|200511                      | A-1A   | 362341CA5 | $778,440.47   |       | $10,503,849.61 |  | $201,328,695.92         | 
|200512                      | A-1A   | 362341CA5 | $791,669.17   |       | $11,382,665.10 |  | $189,946,030.82         | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $4,553,660.62           |  | $67,050,969.18  |  |           |  | 
|200507                      | A-1B   | 362341BL2 | $160,176.33   |       | $2,345,498.38  |  | $61,903,501.62          | 
|200508                      | A-1B   | 362341BL2 | $198,297.55   |       | $2,296,238.26  |  | $59,607,263.36          | 
|200509                      | A-1B   | 362341BL2 | $206,704.74   |       | $2,970,572.15  |  | $56,636,691.21          | 
|200510                      | A-1B   | 362341BL2 | $186,602.17   |       | $3,678,760.90  |  | $52,957,930.31          | 
|200511                      | A-1B   | 362341BL2 | $195,977.44   |       | $2,625,952.19  |  | $50,331,978.12          | 
|200512                      | A-1B   | 362341BL2 | $199,258.71   |       | $2,845,655.20  |  | $47,486,322.92          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $1,147,016.94           |  | $16,762,677.08  |  |           |  | 
|200507                      | A-2A   | 362341BM0 | $909,494.38   |       | $22,202,407.76 |  | $360,742,592.24         | 
|200508                      | A-2A   | 362341BM0 | $1,102,770.06 |       | $18,383,346.99 |  | $342,359,245.25         | 
|200509                      | A-2A   | 362341BM0 | $1,135,491.50 |       | $25,127,176.04 |  | $317,232,069.21         | 
|200510                      | A-2A   | 362341BM0 | $1,001,748.38 |       | $24,894,203.50 |  | $292,337,865.71         | 
|200511                      | A-2A   | 362341BM0 | $1,039,037.80 |       | $25,702,753.15 |  | $266,635,112.56         | 
|200512                      | A-2A   | 362341BM0 | $1,015,287.26 |       | $24,075,860.12 |  | $242,559,252.44         | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $6,203,829.38           |  | $140,385,747.56 |  |           |  | 
|200507                      | A-2B   | 362341BN8 | $487,363.23   |       | $0.00          |  | $197,691,000.00         | 
|200508                      | A-2B   | 362341BN8 | $626,460.81   |       | $0.00          |  | $197,691,000.00         | 
|200509                      | A-2B   | 362341BN8 | $678,519.44   |       | $0.00          |  | $197,691,000.00         | 
|200510                      | A-2B   | 362341BN8 | $644,966.89   |       | $0.00          |  | $197,691,000.00         | 
|200511                      | A-2B   | 362341BN8 | $724,770.90   |       | $0.00          |  | $197,691,000.00         | 
|200512                      | A-2B   | 362341BN8 | $775,607.69   |       | $0.00          |  | $197,691,000.00         | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $3,937,688.96           |  | $0.00           |  |           |  | 
|200507                      | A-2C   | 362341BP3 | $240,688.83   |       | $0.00          |  | $93,421,000.00          | 
|200508                      | A-2C   | 362341BP3 | $308,912.11   |       | $0.00          |  | $93,421,000.00          | 
|200509                      | A-2C   | 362341BP3 | $333,928.17   |       | $0.00          |  | $93,421,000.00          | 
|200510                      | A-2C   | 362341BP3 | $316,826.94   |       | $0.00          |  | $93,421,000.00          | 
|200511                      | A-2C   | 362341BP3 | $355,369.59   |       | $0.00          |  | $93,421,000.00          | 
|200512                      | A-2C   | 362341BP3 | $379,808.27   |       | $0.00          |  | $93,421,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $1,935,533.91           |  | $0.00           |  |           |  | 
|200507                      | B-1    | 362341BU2 | $61,035.00    |       | $0.00          |  | $18,780,000.00          | 
|200508                      | B-1    | 362341BU2 | $77,785.72    |       | $0.00          |  | $18,780,000.00          | 
|200509                      | B-1    | 362341BU2 | $83,320.60    |       | $0.00          |  | $18,780,000.00          | 
|200510                      | B-1    | 362341BU2 | $78,364.77    |       | $0.00          |  | $18,780,000.00          | 
|200511                      | B-1    | 362341BU2 | $87,124.85    |       | $0.00          |  | $18,780,000.00          | 
|200512                      | B-1    | 362341BU2 | $92,543.67    |       | $0.00          |  | $18,780,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $480,174.61             |  | $0.00           |  |           |  | 
|200507                      | B-2    | 362341BV0 | $57,111.19    |       | $0.00          |  | $16,189,000.00          | 
|200508                      | B-2    | 362341BV0 | $72,630.15    |       | $0.00          |  | $16,189,000.00          | 
|200509                      | B-2    | 362341BV0 | $77,581.29    |       | $0.00          |  | $16,189,000.00          | 
|200510                      | B-2    | 362341BV0 | $72,769.56    |       | $0.00          |  | $16,189,000.00          | 
|200511                      | B-2    | 362341BV0 | $80,680.80    |       | $0.00          |  | $16,189,000.00          | 
|200512                      | B-2    | 362341BV0 | $85,531.88    |       | $0.00          |  | $16,189,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $446,304.87             |  | $0.00           |  |           |  | 
|200507                      | B-3    | 362341BW8 | $60,300.01    |       | $0.00          |  | $14,894,000.00          | 
|200508                      | B-3    | 362341BW8 | $76,439.32    |       | $0.00          |  | $14,894,000.00          | 
|200509                      | B-3    | 362341BW8 | $81,304.69    |       | $0.00          |  | $14,894,000.00          | 
|200510                      | B-3    | 362341BW8 | $75,946.99    |       | $0.00          |  | $14,894,000.00          | 
|200511                      | B-3    | 362341BW8 | $83,845.98    |       | $0.00          |  | $14,894,000.00          | 
|200512                      | B-3    | 362341BW8 | $88,619.30    |       | $0.00          |  | $14,894,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $466,456.29             |  | $0.00           |  |           |  | 
|200507                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | LT-R   | GS05H3LR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200507                      | M-1    | 362341BQ1 | $254,618.47   |       | $0.00          |  | $96,487,000.00          | 
|200508                      | M-1    | 362341BQ1 | $326,528.09   |       | $0.00          |  | $96,487,000.00          | 
|200509                      | M-1    | 362341BQ1 | $352,606.38   |       | $0.00          |  | $96,487,000.00          | 
|200510                      | M-1    | 362341BQ1 | $334,220.25   |       | $0.00          |  | $96,487,000.00          | 
|200511                      | M-1    | 362341BQ1 | $374,510.27   |       | $0.00          |  | $96,487,000.00          | 
|200512                      | M-1    | 362341BQ1 | $399,992.22   |       | $0.00          |  | $96,487,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $2,042,475.68           |  | $0.00           |  |           |  | 
|200507                      | M-2    | 362341BR9 | $208,658.33   |       | $0.00          |  | $75,117,000.00          | 
|200508                      | M-2    | 362341BR9 | $267,145.26   |       | $0.00          |  | $75,117,000.00          | 
|200509                      | M-2    | 362341BR9 | $287,865.04   |       | $0.00          |  | $75,117,000.00          | 
|200510                      | M-2    | 362341BR9 | $272,299.13   |       | $0.00          |  | $75,117,000.00          | 
|200511                      | M-2    | 362341BR9 | $304,500.32   |       | $0.00          |  | $75,117,000.00          | 
|200512                      | M-2    | 362341BR9 | $324,755.83   |       | $0.00          |  | $75,117,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $1,665,223.91           |  | $0.00           |  |           |  | 
|200507                      | M-3    | 362341BS7 | $57,992.82    |       | $0.00          |  | $20,722,000.00          | 
|200508                      | M-3    | 362341BS7 | $74,230.81    |       | $0.00          |  | $20,722,000.00          | 
|200509                      | M-3    | 362341BS7 | $79,963.90    |       | $0.00          |  | $20,722,000.00          | 
|200510                      | M-3    | 362341BS7 | $75,618.03    |       | $0.00          |  | $20,722,000.00          | 
|200511                      | M-3    | 362341BS7 | $84,535.69    |       | $0.00          |  | $20,722,000.00          | 
|200512                      | M-3    | 362341BS7 | $90,140.70    |       | $0.00          |  | $20,722,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $462,481.95             |  | $0.00           |  |           |  | 
|200507                      | M-4    | 362341BT5 | $61,114.10    |       | $0.00          |  | $19,427,000.00          | 
|200508                      | M-4    | 362341BT5 | $77,956.23    |       | $0.00          |  | $19,427,000.00          | 
|200509                      | M-4    | 362341BT5 | $83,600.86    |       | $0.00          |  | $19,427,000.00          | 
|200510                      | M-4    | 362341BT5 | $78,717.12    |       | $0.00          |  | $19,427,000.00          | 
|200511                      | M-4    | 362341BT5 | $87,617.12    |       | $0.00          |  | $19,427,000.00          | 
|200512                      | M-4    | 362341BT5 | $93,141.67    |       | $0.00          |  | $19,427,000.00          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $482,147.10             |  | $0.00           |  |           |  | 
|200507                      | P      | 362341CB3 | $491,687.53   |       | $0.00          |  | $0.00                   | 
|200508                      | P      | 362341CB3 | $407,360.63   |       | $0.00          |  | $0.00                   | 
|200509                      | P      | 362341CB3 | $705,240.81   |       | $0.00          |  | $0.00                   | 
|200510                      | P      | 362341CB3 | $632,549.70   |       | $0.00          |  | $0.00                   | 
|200511                      | P      | 362341CB3 | $813,198.08   |       | $0.00          |  | $0.00                   | 
|200512                      | P      | 362341CB3 | $580,384.15   |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $3,630,420.90           |  | $0.00           |  |           |  | 
|200507                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | PT1-R  | GS05H31P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200507                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | PT2-R  | GS05H32P1 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200507                      | R-1    | 362341BX6 | $0.00         |       | $100.00        |  | $0.00                   | 
|200508                      | R-1    | 362341BX6 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | R-1    | 362341BX6 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | R-1    | 362341BX6 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | R-1    | 362341BX6 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | R-1    | 362341BX6 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $100.00         |  |           |  | 
|200507                      | R-2    | 362341BY4 | $0.00         |       | $100.00        |  | $0.00                   | 
|200508                      | R-2    | 362341BY4 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | R-2    | 362341BY4 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | R-2    | 362341BY4 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | R-2    | 362341BY4 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | R-2    | 362341BY4 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $100.00         |  |           |  | 
|200507                      | REMIC1 | GS05H3R01 | $6,787,998.09 |       | $33,929,946.77 |  | $1,261,195,257.37       | 
|200508                      | REMIC1 | GS05H3R01 | $6,770,832.06 |       | $29,864,574.04 |  | $1,231,330,683.33       | 
|200509                      | REMIC1 | GS05H3R01 | $6,914,592.42 |       | $39,980,083.01 |  | $1,191,350,600.32       | 
|200510                      | REMIC1 | GS05H3R01 | $6,473,136.56 |       | $43,288,065.25 |  | $1,148,062,535.07       | 
|200511                      | REMIC1 | GS05H3R01 | $6,701,984.14 |       | $38,832,554.95 |  | $1,109,229,980.12       | 
|200512                      | REMIC1 | GS05H3R01 | $6,657,066.47 |       | $38,304,180.42 |  | $1,070,925,799.70       | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $40,305,609.74          |  | $224,199,404.44 |  |           |  | 
|200507                      | REMIC2 | GS05H3R02 | $6,787,998.09 |       | $33,929,946.77 |  | $1,261,195,257.37       | 
|200508                      | REMIC2 | GS05H3R02 | $6,770,832.06 |       | $29,864,574.04 |  | $1,231,330,683.33       | 
|200509                      | REMIC2 | GS05H3R02 | $6,914,592.42 |       | $39,980,083.01 |  | $1,191,350,600.32       | 
|200510                      | REMIC2 | GS05H3R02 | $6,473,136.56 |       | $43,288,065.25 |  | $1,148,062,535.07       | 
|200511                      | REMIC2 | GS05H3R02 | $6,701,984.14 |       | $38,832,554.95 |  | $1,109,229,980.12       | 
|200512                      | REMIC2 | GS05H3R02 | $6,657,066.47 |       | $38,304,180.42 |  | $1,070,925,799.70       | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $40,305,609.74          |  | $224,199,404.44 |  |           |  | 
|200507                      | REMIC3 | GS05H3R03 | $6,787,998.09 |       | $33,929,946.77 |  | $1,261,195,257.37       | 
|200508                      | REMIC3 | GS05H3R03 | $6,770,832.06 |       | $29,864,574.04 |  | $1,231,330,683.33       | 
|200509                      | REMIC3 | GS05H3R03 | $6,914,592.42 |       | $39,980,083.01 |  | $1,191,350,600.32       | 
|200510                      | REMIC3 | GS05H3R03 | $6,473,136.56 |       | $43,288,065.25 |  | $1,148,062,535.07       | 
|200511                      | REMIC3 | GS05H3R03 | $6,701,984.14 |       | $38,832,554.95 |  | $1,109,229,980.12       | 
|200512                      | REMIC3 | GS05H3R03 | $6,657,066.47 |       | $38,304,180.42 |  | $1,070,925,799.70       | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $40,305,609.74          |  | $224,199,404.44 |  |           |  | 
|200507                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                      | UT-R   | GS05H3UR1 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200507                      | X      | 362341BZ1 | $3,593,902.33 |       | $0.00          |  | $38,206,193.52          | 
|200508                      | X      | 362341BZ1 | $2,774,879.38 |       | $0.00          |  | $38,206,193.52          | 
|200509                      | X      | 362341BZ1 | $2,693,241.75 |       | $0.00          |  | $38,206,193.52          | 
|200510                      | X      | 362341BZ1 | $2,594,119.67 |       | $0.00          |  | $38,206,193.52          | 
|200511                      | X      | 362341BZ1 | $2,505,572.91 |       | $0.00          |  | $38,206,193.52          | 
|200512                      | X      | 362341BZ1 | $2,320,710.10 |       | $0.00          |  | $38,206,193.52          | 
|                            |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |        |           |               |       |                |  | $16,482,426.14          |  | $0.00           |  |           |  | 
|                            |        |           |               |       |                |  | $164,852,670.48         |  | $896,797,807.14 |  |           |  |