|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|------------------------ | -------- | --------- | ------------- | ----- | -------------- |  | ----------------------- |  | --------------- |  | --------- |  |  |  | -------------- | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |               
|GSAA Trust Series 2005-4
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|2005 Annual Statement   
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | DISTRIBUTION IN DOLLARS |  |                 |  |           |  | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                   |          | CLASS     |               | CUSIP |                |  | INTEREST                |  |                 |  | PRINCIPAL |  | 
|200504                   | A-1      | 36242DZJ5 | $395,488.89   |       | $7,072,402.40  |  | $177,927,597.60         | 
|200505                   | A-1      | 36242DZJ5 | $464,094.48   |       | $8,770,339.24  |  | $169,157,258.36         | 
|200506                   | A-1      | 36242DZJ5 | $496,194.62   |       | $8,479,804.22  |  | $160,677,454.14         | 
|200507                   | A-1      | 36242DZJ5 | $427,949.40   |       | $8,955,009.46  |  | $151,722,444.68         | 
|200508                   | A-1      | 36242DZJ5 | $466,420.08   |       | $8,903,027.74  |  | $142,819,416.94         | 
|200509                   | A-1      | 36242DZJ5 | $476,223.41   |       | $12,668,522.19 |  | $130,150,894.75         | 
|200510                   | A-1      | 36242DZJ5 | $413,084.48   |       | $9,712,950.65  |  | $120,437,944.10         | 
|200511                   | A-1      | 36242DZJ5 | $430,139.10   |       | $8,738,991.51  |  | $111,698,952.59         | 
|200512                   | A-1      | 36242DZJ5 | $427,062.33   |       | $9,618,156.85  |  | $102,080,795.74         | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $3,996,656.79           |  | $82,919,204.26  |  |           |  | 
|200504                   | A-2      | 36242DZK2 | $124,493.72   |       | $0.00          |  | $56,332,000.00          | 
|200505                   | A-2      | 36242DZK2 | $151,626.97   |       | $0.00          |  | $56,332,000.00          | 
|200506                   | A-2      | 36242DZK2 | $170,404.30   |       | $0.00          |  | $56,332,000.00          | 
|200507                   | A-2      | 36242DZK2 | $154,416.40   |       | $0.00          |  | $56,332,000.00          | 
|200508                   | A-2      | 36242DZK2 | $178,024.77   |       | $0.00          |  | $56,332,000.00          | 
|200509                   | A-2      | 36242DZK2 | $192,843.21   |       | $0.00          |  | $56,332,000.00          | 
|200510                   | A-2      | 36242DZK2 | $183,329.36   |       | $0.00          |  | $56,332,000.00          | 
|200511                   | A-2      | 36242DZK2 | $206,038.20   |       | $0.00          |  | $56,332,000.00          | 
|200512                   | A-2      | 36242DZK2 | $220,383.30   |       | $0.00          |  | $56,332,000.00          | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $1,581,560.23           |  | $0.00           |  |           |  | 
|200504                   | A-3      | 36242DZL0 | $136,837.81   |       | $0.00          |  | $59,769,000.00          | 
|200505                   | A-3      | 36242DZL0 | $166,357.05   |       | $0.00          |  | $59,769,000.00          | 
|200506                   | A-3      | 36242DZL0 | $186,827.93   |       | $0.00          |  | $59,769,000.00          | 
|200507                   | A-3      | 36242DZL0 | $168,951.42   |       | $0.00          |  | $59,769,000.00          | 
|200508                   | A-3      | 36242DZL0 | $194,548.10   |       | $0.00          |  | $59,769,000.00          | 
|200509                   | A-3      | 36242DZL0 | $210,453.29   |       | $0.00          |  | $59,769,000.00          | 
|200510                   | A-3      | 36242DZL0 | $199,811.09   |       | $0.00          |  | $59,769,000.00          | 
|200511                   | A-3      | 36242DZL0 | $224,270.72   |       | $0.00          |  | $59,769,000.00          | 
|200512                   | A-3      | 36242DZL0 | $239,673.69   |       | $0.00          |  | $59,769,000.00          | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $1,727,731.10           |  | $0.00           |  |           |  | 
|200504                   | A-4      | 36242DZM8 | $15,393.73    |       | $0.00          |  | $6,640,000.00           | 
|200505                   | A-4      | 36242DZM8 | $18,702.67    |       | $0.00          |  | $6,640,000.00           | 
|200506                   | A-4      | 36242DZM8 | $20,999.00    |       | $0.00          |  | $6,640,000.00           | 
|200507                   | A-4      | 36242DZM8 | $18,976.13    |       | $0.00          |  | $6,640,000.00           | 
|200508                   | A-4      | 36242DZM8 | $21,841.91    |       | $0.00          |  | $6,640,000.00           | 
|200509                   | A-4      | 36242DZM8 | $23,616.27    |       | $0.00          |  | $6,640,000.00           | 
|200510                   | A-4      | 36242DZM8 | $22,411.84    |       | $0.00          |  | $6,640,000.00           | 
|200511                   | A-4      | 36242DZM8 | $25,143.93    |       | $0.00          |  | $6,640,000.00           | 
|200512                   | A-4      | 36242DZM8 | $26,862.49    |       | $0.00          |  | $6,640,000.00           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $193,947.97             |  | $0.00           |  |           |  | 
|200504                   | A-5      | 36242DZN6 | $476,507.66   |       | $4,939,036.87  |  | $209,972,963.13         | 
|200505                   | A-5      | 36242DZN6 | $566,927.00   |       | $6,124,796.98  |  | $203,848,166.15         | 
|200506                   | A-5      | 36242DZN6 | $618,509.31   |       | $5,921,900.83  |  | $197,926,265.32         | 
|200507                   | A-5      | 36242DZN6 | $544,091.83   |       | $6,253,762.07  |  | $191,672,503.25         | 
|200508                   | A-5      | 36242DZN6 | $607,388.87   |       | $6,217,460.45  |  | $185,455,042.80         | 
|200509                   | A-5      | 36242DZN6 | $636,522.92   |       | $8,847,106.63  |  | $176,607,936.17         | 
|200510                   | A-5      | 36242DZN6 | $576,183.39   |       | $6,783,072.94  |  | $169,824,863.23         | 
|200511                   | A-5      | 36242DZN6 | $622,608.61   |       | $6,102,905.18  |  | $163,721,958.05         | 
|200512                   | A-5      | 36242DZN6 | $641,971.99   |       | $6,716,873.36  |  | $157,005,084.69         | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $5,290,711.58           |  | $57,906,915.31  |  |           |  | 
|200504                   | A-6      | 36242DZP1 | $53,807.35    |       | $548,779.32    |  | $23,330,220.68          | 
|200505                   | A-6      | 36242DZP1 | $63,963.69    |       | $680,529.83    |  | $22,649,690.85          | 
|200506                   | A-6      | 36242DZP1 | $69,761.05    |       | $657,985.92    |  | $21,991,704.93          | 
|200507                   | A-6      | 36242DZP1 | $61,309.60    |       | $694,859.22    |  | $21,296,845.71          | 
|200508                   | A-6      | 36242DZP1 | $68,404.29    |       | $690,825.73    |  | $20,606,019.98          | 
|200509                   | A-6      | 36242DZP1 | $71,640.26    |       | $983,007.27    |  | $19,623,012.71          | 
|200510                   | A-6      | 36242DZP1 | $64,810.45    |       | $753,671.27    |  | $18,869,341.44          | 
|200511                   | A-6      | 36242DZP1 | $69,990.84    |       | $678,097.42    |  | $18,191,244.02          | 
|200512                   | A-6      | 36242DZP1 | $72,138.39    |       | $746,315.79    |  | $17,444,928.23          | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $595,825.92             |  | $6,434,071.77   |  |           |  | 
|200504                   | B-1      | 36242DZS5 | $18,049.78    |       | $0.00          |  | $6,248,000.00           | 
|200505                   | B-1      | 36242DZS5 | $21,711.80    |       | $0.00          |  | $6,248,000.00           | 
|200506                   | B-1      | 36242DZS5 | $24,283.89    |       | $0.00          |  | $6,248,000.00           | 
|200507                   | B-1      | 36242DZS5 | $21,694.90    |       | $0.00          |  | $6,248,000.00           | 
|200508                   | B-1      | 36242DZS5 | $24,802.82    |       | $0.00          |  | $6,248,000.00           | 
|200509                   | B-1      | 36242DZS5 | $26,609.54    |       | $0.00          |  | $6,248,000.00           | 
|200510                   | B-1      | 36242DZS5 | $25,064.89    |       | $0.00          |  | $6,248,000.00           | 
|200511                   | B-1      | 36242DZS5 | $27,909.90    |       | $0.00          |  | $6,248,000.00           | 
|200512                   | B-1      | 36242DZS5 | $29,664.12    |       | $0.00          |  | $6,248,000.00           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $219,791.64             |  | $0.00           |  |           |  | 
|200504                   | B-2      | 36242DZT3 | $8,809.31     |       | $0.00          |  | $2,975,000.00           | 
|200505                   | B-2      | 36242DZT3 | $10,586.04    |       | $0.00          |  | $2,975,000.00           | 
|200506                   | B-2      | 36242DZT3 | $11,835.54    |       | $0.00          |  | $2,975,000.00           | 
|200507                   | B-2      | 36242DZT3 | $10,561.47    |       | $0.00          |  | $2,975,000.00           | 
|200508                   | B-2      | 36242DZT3 | $12,066.10    |       | $0.00          |  | $2,975,000.00           | 
|200509                   | B-2      | 36242DZT3 | $12,934.64    |       | $0.00          |  | $2,975,000.00           | 
|200510                   | B-2      | 36242DZT3 | $12,174.36    |       | $0.00          |  | $2,975,000.00           | 
|200511                   | B-2      | 36242DZT3 | $13,545.55    |       | $0.00          |  | $2,975,000.00           | 
|200512                   | B-2      | 36242DZT3 | $14,389.08    |       | $0.00          |  | $2,975,000.00           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $106,902.09             |  | $0.00           |  |           |  | 
|200504                   | B-3      | 36242DZU0 | $10,205.90    |       | $0.00          |  | $2,975,000.00           | 
|200505                   | B-3      | 36242DZU0 | $12,197.50    |       | $0.00          |  | $2,975,000.00           | 
|200506                   | B-3      | 36242DZU0 | $13,608.15    |       | $0.00          |  | $2,975,000.00           | 
|200507                   | B-3      | 36242DZU0 | $12,065.50    |       | $0.00          |  | $2,975,000.00           | 
|200508                   | B-3      | 36242DZU0 | $13,731.28    |       | $0.00          |  | $2,975,000.00           | 
|200509                   | B-3      | 36242DZU0 | $14,653.53    |       | $0.00          |  | $2,975,000.00           | 
|200510                   | B-3      | 36242DZU0 | $13,732.10    |       | $0.00          |  | $2,975,000.00           | 
|200511                   | B-3      | 36242DZU0 | $15,210.72    |       | $0.00          |  | $2,975,000.00           | 
|200512                   | B-3      | 36242DZU0 | $16,107.97    |       | $0.00          |  | $2,975,000.00           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $121,512.65             |  | $0.00           |  |           |  | 
|200504                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200505                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200506                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200507                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200508                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200509                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200510                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200511                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|200512                   | B-4      | 36242DZV8 | $12,395.83    |       | $0.00          |  | $2,975,000.00           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $111,562.47             |  | $0.00           |  |           |  | 
|200504                   | LT-REMIC | GS0504201 | $2,751,357.75 |       | $12,561,105.89 |  | $582,466,516.17         | 
|200505                   | LT-REMIC | GS0504201 | $2,650,500.06 |       | $15,575,666.05 |  | $566,890,850.12         | 
|200506                   | LT-REMIC | GS0504201 | $2,575,486.76 |       | $15,059,690.98 |  | $551,831,159.14         | 
|200507                   | LT-REMIC | GS0504201 | $2,503,529.94 |       | $15,903,630.75 |  | $535,927,528.39         | 
|200508                   | LT-REMIC | GS0504201 | $2,431,631.51 |       | $15,811,313.92 |  | $520,116,214.47         | 
|200509                   | LT-REMIC | GS0504201 | $2,359,823.06 |       | $22,498,636.09 |  | $497,617,578.38         | 
|200510                   | LT-REMIC | GS0504201 | $2,259,153.94 |       | $17,249,694.85 |  | $480,367,883.53         | 
|200511                   | LT-REMIC | GS0504201 | $2,181,685.34 |       | $15,519,994.10 |  | $464,847,889.43         | 
|200512                   | LT-REMIC | GS0504201 | $2,124,708.30 |       | $17,081,345.99 |  | $447,766,543.44         | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $21,837,876.66          |  | $147,261,078.62 |  |           |  | 
|200504                   | M-1      | 36242DZQ9 | $40,294.09    |       | $0.00          |  | $16,958,000.00          | 
|200505                   | M-1      | 36242DZQ9 | $48,895.57    |       | $0.00          |  | $16,958,000.00          | 
|200506                   | M-1      | 36242DZQ9 | $54,873.26    |       | $0.00          |  | $16,958,000.00          | 
|200507                   | M-1      | 36242DZQ9 | $49,518.60    |       | $0.00          |  | $16,958,000.00          | 
|200508                   | M-1      | 36242DZQ9 | $56,950.62    |       | $0.00          |  | $16,958,000.00          | 
|200509                   | M-1      | 36242DZQ9 | $61,519.86    |       | $0.00          |  | $16,958,000.00          | 
|200510                   | M-1      | 36242DZQ9 | $58,330.81    |       | $0.00          |  | $16,958,000.00          | 
|200511                   | M-1      | 36242DZQ9 | $65,383.69    |       | $0.00          |  | $16,958,000.00          | 
|200512                   | M-1      | 36242DZQ9 | $69,810.43    |       | $0.00          |  | $16,958,000.00          | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $505,576.93             |  | $0.00           |  |           |  | 
|200504                   | M-2      | 36242DZR7 | $28,987.33    |       | $0.00          |  | $11,306,000.00          | 
|200505                   | M-2      | 36242DZR7 | $35,048.60    |       | $0.00          |  | $11,306,000.00          | 
|200506                   | M-2      | 36242DZR7 | $39,278.93    |       | $0.00          |  | $11,306,000.00          | 
|200507                   | M-2      | 36242DZR7 | $35,300.67    |       | $0.00          |  | $11,306,000.00          | 
|200508                   | M-2      | 36242DZR7 | $40,500.60    |       | $0.00          |  | $11,306,000.00          | 
|200509                   | M-2      | 36242DZR7 | $43,628.60    |       | $0.00          |  | $11,306,000.00          | 
|200510                   | M-2      | 36242DZR7 | $41,257.48    |       | $0.00          |  | $11,306,000.00          | 
|200511                   | M-2      | 36242DZR7 | $46,122.98    |       | $0.00          |  | $11,306,000.00          | 
|200512                   | M-2      | 36242DZR7 | $49,155.98    |       | $0.00          |  | $11,306,000.00          | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $359,281.17             |  | $0.00           |  |           |  | 
|200504                   | P        | 36242DZX4 | $21,159.70    |       | $0.00          |  | $0.00                   | 
|200505                   | P        | 36242DZX4 | $49,977.26    |       | $0.00          |  | $0.00                   | 
|200506                   | P        | 36242DZX4 | $24,689.20    |       | $0.00          |  | $0.00                   | 
|200507                   | P        | 36242DZX4 | $22,529.93    |       | $0.00          |  | $0.00                   | 
|200508                   | P        | 36242DZX4 | $63,653.39    |       | $0.00          |  | $0.00                   | 
|200509                   | P        | 36242DZX4 | $94,991.33    |       | $0.00          |  | $0.00                   | 
|200510                   | P        | 36242DZX4 | $68,019.87    |       | $0.00          |  | $0.00                   | 
|200511                   | P        | 36242DZX4 | $84,697.08    |       | $0.00          |  | $0.00                   | 
|200512                   | P        | 36242DZX4 | $93,411.31    |       | $0.00          |  | $0.00                   | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $523,129.07             |  | $0.00           |  |           |  | 
|200504                   | R-1      | 36242DZY2 | $0.00         |       | $100.00        |  | $0.00                   | 
|200505                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200506                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200507                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                   | R-1      | 36242DZY2 | $0.00         |       | $0.00          |  | $0.00                   | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $0.00                   |  | $100.00         |  |           |  | 
|200504                   | R-2      | 36242DZZ9 | $0.00         |       | $100.00        |  | $0.00                   | 
|200505                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200506                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200507                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                   | R-2      | 36242DZZ9 | $0.00         |       | $0.00          |  | $0.00                   | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $0.00                   |  | $100.00         |  |           |  | 
|200504                   | X        | 36242DZW6 | $1,389,151.26 |       | $687.27        |  | $5,057,734.79           | 
|200505                   | X        | 36242DZW6 | $1,077,992.83 |       | $0.00          |  | $5,057,734.79           | 
|200506                   | X        | 36242DZW6 | $856,514.92   |       | $0.00          |  | $5,057,734.79           | 
|200507                   | X        | 36242DZW6 | $986,298.15   |       | $0.00          |  | $5,057,734.78           | 
|200508                   | X        | 36242DZW6 | $734,556.20   |       | $0.00          |  | $5,057,734.78           | 
|200509                   | X        | 36242DZW6 | $576,781.67   |       | $0.00          |  | $5,057,734.78           | 
|200510                   | X        | 36242DZW6 | $636,567.86   |       | $0.00          |  | $5,057,734.78           | 
|200511                   | X        | 36242DZW6 | $422,925.27   |       | $0.00          |  | $5,057,734.78           | 
|200512                   | X        | 36242DZW6 | $305,092.69   |       | $0.00          |  | $5,057,734.78           | 
|                         |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                         |          |           |               |       |                |  | $6,985,880.85           |  | $687.27         |  |           |  | 
|                         |          |           |               |       |                |  | $44,157,947.12          |  | $294,522,157.23 |  |           |  |