UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                    FORM 10-K/A

                   Annual Report Pursuant to Section 13 or 15(d)
                      of the Securities Exchange Act of 1934

                             For the fiscal year ended
                                 December 31, 2006

           Commission file number of issuing entity: 333-120274-42

                              GSAMP Trust 2006-S2
          (Exact name of issuing entity as specified in its Charter)

                          GS Mortgage Securities Corp.
          (Exact name of depositor as specified in its Charter)

                        Goldman Sachs Mortgage Company
            (Exact name of sponsor as specified in its Charter)

                                                        REMIC I - 35-2269872
                    Delaware                           REMIC II - 35-2269873
           (State or other jurisdiction                  (I.R.S. Employer
         incorporation or organization                Identification Number)
               of issuing entity)                        of issuing entity)

          85 Broad Street
          New York, New York                                    10004
 (Address of principal executive offices                     (Zip Code
         of issuing entity)                               of issuing entity)

            Telephone number, including area code of issuing entity:
                               (212) 902-1000

          Securities registered pursuant to Section 12(b) of the Act:
                                     None.

          Securities registered pursuant to Section 12(g) of the Act:
                                     None.

     Indicate by check mark if the registrant is a well-known seasoned
     issuer, as defined in Rule 405 of the Securities Act.  Yes [ ]  No[X]

     Indicate by check mark if the registrant is not required to file
     reports pursuant to Section 13 or Section 15(d) of the Act.  Yes[ ] No[X]

     Indicate by check mark whether the Registrant (1) has filed all reports
     required to be filed by Section 13 or 15(d) of the Securities Exchange
     Act of 1934 during the preceding 12 months (or for such shorter period
     that the Registrant was required to file such reports), and (2) has been
     subject to such filing requirements for the past 90 days.  Yes [X]  No [ ]

     Indicate by check mark if disclosure of delinquent filers pursuant to
     Item 405 of Regulation S-K is not contained herein, and will not be
     contained, to the best of the Registrant's knowledge, in definitive proxy
     or information statements incorporated by reference in Part III of the
     Form 10-K/A or any amendment to this Form 10-K/A.         Not Applicable

     Indicate by check mark whether the registrant is a large accelerated
     filer, an accelerated filer, or a non-accelerated filer.  See definition
     of "accelerated filer" in Rule 12b-2 of the Exchange Act.  (Check One):

      Large accelerated filer [  ]  Accelerated Filer [  ]
      Non-accelerated Filer [X]

     Indicate by check mark whether the registrant is a shell company (as
     defined in rule 12b-2 of the Act).  [  ] Yes  [X] No

     State the aggregate market value of the voting and non-voting common
     equity held by non-affiliates computed by reference to the price at
     which the common equity was last sold, or the average bid and asked
     price of such common equity, as of the of the last business day of
     the registrant's most recently completed second fiscal quarter.

     Not Applicable.

     DOCUMENTS INCORPORATED BY REFERENCE

     None.

     PART I

     ITEM 1.  Business.

     Not Applicable.

     ITEM 1A.  Risk Factors.

     Not Applicable.

     ITEM 1B.  Unresolved Staff Comments.

     None.

     ITEM 2.  Properties.

     Not Applicable.

     ITEM 3.  Legal Proceedings.

     Not Applicable.

     ITEM 4.  Submission of Matters to a Vote of Security Holders.

     Not Applicable.

     PART II

     ITEM 5.  Market for Registrant's Common Equity, Related Stockholder
     Matters and Issuer Purchases of Equity Securities.

     Not Applicable.

     ITEM 6.  Selected Financial Data.

     Not Applicable.

     ITEM 7.  Management's Discussion and Analysis of Financial Condition and
     Results of Operation.

     Not Applicable.

     ITEM 7A.  Quantitative and Qualitative Disclosures About Market Risk.

     Not Applicable.

     ITEM 8.  Financial Statements and Supplementary Data.

     Not Applicable.

     ITEM 9.  Changes in and Disagreements with Accountants on Accounting and
     Financial Disclosure.

     Not Applicable.

     ITEM 9A.  Controls and Procedures.

     Not Applicable.

     ITEM 9A(T).  Controls and Procedures.

     Not Applicable.

     ITEM 9B. Other Information.

       Pursuant to a Form 8-K filed on March 28, 2007 (the "March 28th
     Announcement"), on March 26, 2007 New Century notified the Federal Home
     Loan Mortgage Corp. ("Freddie Mac"), that it was voluntarily terminating
     its eligibility with Freddie Mac. As a result of this termination, New
     Century and its subsidiaries are no longer able to sell mortgage loans
     directly to Freddie Mac or act as the primary servicer of any mortgage
     loans for Freddie Mac.

       According to the March 28th Announcement several of New Century's
     lenders have notified New Century of their intent to sell the outstanding
     mortgage loans that have been financed by the respective lender and offset
     the proceeds from such sale against the New Century's obligations to the
     lender, while reserving their rights to seek recovery of any remaining
     deficiency from New Century. New Century has notified these lenders of
     its concerns that any such sale be conducted in an appropriate manner,
     in accordance with applicable law and in accordance with the terms of
     the applicable financing agreement between the parties.

       Pursuant to a Form 8-K filed on March 22, 2007 (the "March 22nd
     Announcement"), New Century stated that it had previously announced that
     it had received notices from Barclays Bank PLC ("Barclays"), in which
     Barclays alleged that certain events of default had occurred, as defined
     in that certain Master Repurchase Agreement, dated as of March 31, 2006
     (as amended to date), by and among New Century, certain of New Century's
      subsidiaries, Barclays and Sheffield Receivables Corporation (the
     "Barclays Agreement"), and purported to accelerate to March 14, 2007 the
     obligation of New Century's subsidiaries to repurchase all outstanding
     mortgage loans financed under the Barclays Agreement and to terminate
     the Barclays Agreement as of that same date. New Century estimated that
     the aggregate repurchase obligation (the outstanding mortgage loans
     financed) of its subsidiaries under the Barclays Agreement was
      approximately $0.9 billion as of March 12, 2007.

       According to the March 22nd Announcement, on March 16, 2007, the
     parties to the Barclays Agreement entered into a letter agreement
     (the "Barclays Letter Agreement") pursuant to which Barclays and
     Sheffield Receivables Corporation agreed to release New Century and its
     subsidiaries from its aggregate repurchase obligation under the Barclays
     Agreement and New Century and its subsidiaries agreed to release their
     rights to outstanding mortgage loans that had been financed under the
     Barclays Agreement. The effectiveness of the releases in the Barclays
     Letter Agreement is subject to the satisfaction of certain preconditions,
     including that (i) New Century and its subsidiaries shall have made
     certain payments to Barclays, including forwarding to Barclays all amounts
     received by New Century and its subsidiaries after March 1, 2007 with
     respect to the mortgage loans under the Barclays Agreement, and (ii) New
     Century and its subsidiaries shall have taken certain actions to facilitate
     the transfer of the servicing function with respect to the mortgage loans
     under the Barclays Agreement to a third party appointed by Barclays. As
     of March 22, 2007, New Century was still in the process of satisfying
     these preconditions.

       According to the March 22nd Announcement, the Barclays Letter Agreement
     provides that the outstanding mortgage loans financed under the Barclays
     Agreement are being transferred to Barclays "as is", without any
     representations or warranties by New Century or its subsidiaries, and
     without any holdback by Barclays. New Century and its subsidiaries have
     agreed, however, that if they enter into a settlement or release with any
     of New Century"s other lenders and any such release contains materially
     more favorable terms for the benefit of any such lender than those in the
     Barclays Letter Agreement, then Barclays will be entitled to such more
     favorable terms. For purposes of this provision, the Barclays Letter
     Agreement provides that a release with another lender will not be deemed
     to have terms that are materially more favorable to that lender from an
     economic standpoint if the terms of such release do not provide for more
     to such lender than the amount of the outstanding mortgage loans financed
     by such lender, plus accrued price differential or interest and the
     transmittal of the principal portion of any loan payments received. The
     continuing effectiveness of the release by Barclays under the Barclays
     Letter Agreement is subject to New Century's compliance with this
     provision. Upon the effectiveness of the releases contemplated by the
     Barclays Letter Agreement, the aggregate repurchase obligation (the
     outstanding mortgage loans financed) of New Century under its credit
     facilities will be reduced by approximately $0.9 billion and New Century
     will have realized a loss from this transaction of approximately
     $46 million.

       Pursuant to a Form 8-K filed on March 20, 2007 (the "March 20th
     Announcement"), New Century stated that it received a Notice of Breach
     and Termination of Mortgage Selling and Servicing Contract, dated March
     14, 2007, from the Federal National Mortgage Association ("Fannie Mae").
     In its notice, Fannie Mae purports to terminate its mortgage selling and
     servicing contract (the "Fannie Mae Contract") with New Century Mortgage
     Corporation ("NCMC"), a subsidiary of New Century, for cause, based on
     alleged breaches of the Fannie Mae Contract as well as alleged breaches
     by NCMC under other contracts with Fannie Mae. As a result of the
     purported termination, New Century and its subsidiaries are no longer
     able to sell mortgage loans directly to Fannie Mae or act as the
     primary servicer of any mortgage loans for Fannie Mae.

       Pursuant to a Form 8-K filed on March 14, 2007 (the "March 14th
     Announcement"), New Century stated that the staff of the New York Stock
     Exchange ("NYSE") issued a press release, dated March 13, 2007,
     announcing its determination that New Century's common stock is no
     longer suitable for continued listing on the NYSE and will be suspended
     immediately. New Century announced that the NYSE's press release cited
     New Century's recent disclosures regarding its liquidity position, as well
     as New Century's prior announcement regarding the need to restate certain
     of its historical financial statements, in support of its determination
     that New Century's common stock and preferred stock are no longer suitable
     for continued listing on the NYSE.

       In addition, according to the March 14th Announcement, New Century
     announced that the NYSE's press release also stated that an application
     to the SEC to delist New Century's stock from the NYSE is pending the
     completion of the applicable procedures, including any appeal by New
     Century of the NYSE staff's decision.  New Century stated that it is
     reviewing the NYSE staff's decision and accordingly has not yet determined
     whether it will appeal the staff's decision to delist New Century's stock.

       Pursuant to a Form 8-K/A filed on March 13, 2007 (the "March 13th Form
     8-K/A Announcement") by New Century, New Century stated that as of March
     9, 2007, all of New Century's lenders under its short-term repurchase
     agreements and aggregation credit facilities had discontinued their
     financing with New Century or had notified New Century of their intent to
     do so.  It further stated in the March 13th Form 8-K/A Announcement that
     New Century has received notices from certain of its lenders asserting
     that New Century and/or its subsidiaries have violated their respective
     obligations under certain of these financing arrangements and that such
     violations amount to events of default.  According to the March 13th Form
     8-K/A Announcement, certain of these lenders have further advised New
     Century that they are accelerating New Century's obligation to repurchase
     all outstanding mortgage loans financed under the applicable agreements.

       Pursuant to a Form 8-K filed on March 8, 2007 by New Century, New Century
     stated that as a result of its current constrained funding capacity, New
     Century has elected to cease accepting loan applications from prospective

     borrowers effective immediately while New Century seeks to obtain
     additional funding capacity.

       New Century also announced that it was delaying the filing of its Annual
     Report on Form 10-K for the fiscal year ended December 31, 2006.  New
     Century announced that, although a full review is ongoing, it expects that
     the modifications to the allowance for loan repurchase losses will result
     in restated net income for the first three quarters of 2006 that is
     significantly lower than previously reported in New Century's 2006
     interim financial statements.

       In addition, New Century announced that although New Century's mortgage
     loan origination volume increased in 2006 when compared to 2005, New
     Century's results of operations for the quarter and year ended December
     31, 2006 will reflect declines in earnings and profitability when compared
     to the same periods in 2005.  New Century currently expects that it will
     report a pretax loss for both the fourth quarter and the full year ended
     December 31, 2006.

       According to the March 2nd Announcement, New Century relies on its 15
     short-term repurchase agreements and aggregation credit facilities and an

     asset-backed commercial paper facility that collectively provide New
     Century with an aggregate of approximately $13.0 billion of committed
     and $4.4 billion of uncommitted borrowing capacity to fund mortgage loan
     originations and purchases pending the pooling and sale of such mortgage
     loans.

       According to the March 2nd Announcement, in the event New Century is
     unable to obtain satisfactory amendments to and/or waivers of the
     covenants in its financing arrangements from a sufficient number of its
     lenders, or obtain alternative funding sources, New Century's auditor,
     KPMG, has informed New Century's Audit Committee that its report on New
     Century's financial statements will include an explanatory paragraph
     indicating that substantial doubt exists as to New Century's ability to
     continue as a going concern.


     PART III

     ITEM 10.  Directors, Executive Officers and Corporate Governance.

     Not Applicable.


     ITEM 11.  Executive Compensation.

     Not Applicable.

     ITEM 12.  Security Ownership of Certain Beneficial Owners and Management
     and Related Stockholder Matters.

     Not Applicable.

     ITEM 13.  Certain Relationships and Related Transactions, and
     Director Independence.

     Not Applicable.

     ITEM 14.  Principal Accounting Fees and Services.

     Not Applicable.

     Additional Disclosure Item For Regulation AB

     Item 1112(b) of Regulation AB, Significant Obligor Financial Information.

     No single obligor represents 10% or more of the pool assets held by the
     issuing entity.

     Item 1114(b)(2) and Item 1115(b) of Regulation AB, Significant
     Enhancement Provider Information.

     None.

     Item 1117 of Regulation AB, Legal Proceedings.

       On April 2, 2007, New Century Financial Corporation filed for Chapter
     11 bankruptcy in U.S. Bankruptcy Court for the District of Delaware.

       Pursuant to a Form 8-K filed on March 28, 2007 (the "March 28th
     Announcement"), on March 27, 2007, New Century announced that it had
     signed consent agreements with the State of Idaho's Department of Finance,
     the State of Iowa's Superintendent of Banking, the State of Michigan's
     Office of Financial and Insurance Services and the State of Wyoming's
     Banking Commissioner (the "March 27th Consent Agreements"). Although New
     Century has signed the March 27th Consent Agreements and expects to comply
     with their terms, New Century has not yet received counterpart signatures
     from the respective states and accordingly such March 27th Consent
     Agreements may not be binding on the respective states.  The March 27th
     Consent Agreements contain allegations that certain of New Century's
     subsidiaries have engaged in violations of state law, including, among
     other things, failure to fund mortgage loans after closing.  The March
     27th Consent Agreements restrain New Century's subsidiaries from taking
     certain actions, including, among other things, engaging in alleged
     violations of state law and taking new applications for mortgage loans
     in the relevant jurisdiction.

       In addition, according to the March 28th Announcement, the March 27th
     Consent Agreements also compel New Century's subsidiaries to affirmatively
     take certain actions, including the creation of escrow accounts to hold
     any up front fees collected in connection with pending mortgage
     applications, the transfer to other lenders of the outstanding mortgage
     applications and unfunded mortgage loans held by the subsidiaries, and the
     provision of regular information to the state regulators regarding the
     subsidiaries' activities in the applicable state, including the status
     of all outstanding mortgage applications and unfunded mortgage loans in
     that state.

       According to the March 28th Announcement, New Century anticipates that
     cease and desist orders will continue to be received by New Century and
     its subsidiaries from additional states in the future and that New Century
     and its subsidiaries may enter into additional consent agreements similar
     to the consent agreements already entered into by New Century.  New Century
     stated that it intends to continue to cooperate with its regulators in
     order to mitigate the impact on consumers resulting from New Century's
     funding constraints.

       Pursuant to a Form 8-K filed on March 22, 2007 (the "March 22nd
     Announcement"), New Century has received cease and desist orders from
     several states and entered into consent agreements with several states
     (the "Previous Orders and Consent Agreements"). On March 20, 2007, certain
     of New Century's subsidiaries entered into a consent agreement with the
     State of Maine's Office of Consumer Credit Regulation, respectively (the
     "March 20 Consent Agreement").

       According to the March 22nd Announcement, consistent with the Previous
     Orders and Consent Agreements, the March 20 Consent Agreement contains
     allegations that certain of New Century's subsidiaries have engaged in
     violations of state law, including, among other things, failure to fund
     mortgage loans after closing. Consistent with the Previous Orders and
     Consent Agreements, the March 20 Consent Agreement seeks to restrain New
     Century's subsidiaries from taking certain actions, including, among
     others, engaging in alleged violations of state law and taking new
     applications for mortgage loans in the relevant jurisdiction. The March
     20 Consent Agreement also seeks to cause the subsidiaries to
     affirmatively take certain actions, including the creation of escrow
     accounts to hold fees relating to pending mortgage applications, the
     transfer to other lenders of the outstanding mortgage applications and
     unfunded mortgage loans held by the subsidiaries, and the provision of
     regular information to the state regulators regarding the subsidiaries'
     activities in the applicable state, including the status of all
     outstanding mortgage applications and unfunded mortgage loans in that
     state.

       Pursuant to a Form 8-K filed on March 20, 2007 (the "March 20th
     Announcement"), on March 16, 2007, New Century received additional
     cease and desist orders from the State of California (the "California
     Orders") and certain of New Century's subsidiaries entered into consent
     agreements with the State of Florida's Office of Financial Regulation and
     the State of Washington's Department of Financial Institutions,
     respectively, each dated March 16, 2007 (the "March 16 Agreements") and
     together with the California Orders, the "March 16 Orders and Consent
     Agreements").

       According to the March 20th Announcement, consistent with certain other
     previous consent agreements, the March 16 Orders and Consent Agreements
     contain allegations that certain of New Century's subsidiaries have engaged
     in violations of state law, including, among other things, failure to fund
     mortgage loans after closing. Consistent with certain other previous
     consent agreements, the March 16 Orders and Consent Agreements seek to
     restrain New Century's subsidiaries from taking certain actions,
     including, among other things, engaging in alleged violations of state
     law and taking new applications for mortgage loans in the relevant
     jurisdiction. New Century announced that the March 16 Orders and Consent
     Agreements also seek to cause the subsidiaries to affirmatively take
     certain actions, including the creation of escrow accounts to hold fees
     relating to pending mortgage applications, the transfer to other lenders
     of the outstanding mortgage applications and unfunded mortgage loans held
     by the subsidiaries, and the provision of regular information to the state
     regulators regarding the subsidiaries' activities in the applicable state,
     including the status of all outstanding mortgage applications and unfunded
     mortgage loans in that state.  The California Orders become permanent if
     not promptly appealed by the applicable subsidiaries. New Century and its
     subsidiaries are reviewing the California Orders and accordingly have not
     yet determined whether they will appeal all or any portion of the
     California Orders.

       Pursuant to a Form 8-K filed on March 19, 2007 (the "March 19th
     Announcement"), New Century stated that on March 14, 2007 and March 15,
     2007, it received additional cease and desist orders from the States of
     Connecticut, Maryland, Rhode Island and Tennessee (collectively, the
     "March 14-15 Orders").  New Century stated that the cease and desist
     orders contain allegations that certain of New Century's subsidiaries
     have engaged in violations of applicable state law, including, among other
     things and failure to fund mortgage loans after a mortgage closing.
     Additionally, on March 14, 2007, certain of New Century's subsidiaries,
     entered into a Consent Agreement and Order, dated March 14, 2007, with the
     Commonwealth of Pennsylvania Department of Banking, Bureau of Supervision
     and Enforcement (the "Consent Agreement").

       The March 14-15 Orders and the Consent Agreement seek to restrain New
     Century's subsidiaries from taking certain actions, including, among
     others, engaging in alleged violations of applicable state law and taking
     new applications for mortgage loans in the relevant jurisdiction. The
     March 14-15 Orders and the Consent Agreement also seek to cause the
     subsidiaries to affirmatively take certain actions, including the
     creation of escrow accounts to hold fees relating to pending mortgage
     applications, the transfer to other lenders of the outstanding mortgage
     applications and unfunded mortgage loans held by the subsidiaries, and the
     provision of regular information to the state regulators regarding the
     subsidiaries' activities in the applicable state, including the status
     of all outstanding mortgage applications and unfunded mortgage loans in
     that state. Certain of the March 14-15 Orders also seek to revoke the

     licenses of one or more of New Century's subsidiaries or assess
     administrative penalties.

       The March 14-15 Orders generally become permanent if not promptly
     appealed by the applicable subsidiaries. New Century and its subsidiaries
     are reviewing the March 14-15 Orders and accordingly have not yet
     determined whether they will appeal all or any portion of the March 14-15
     Orders.

       According to the March 19th Announcement, on March 14, 2007, in
     connection with a civil action filed against New Century and certain of
     its subsidiaries in an Ohio state court (the "Ohio Complaint") by the
     Attorney General of Ohio and the Ohio Division of Commerce, Division of
     Financial Institutions, such Ohio state court issued a temporary
     restraining order, which was subsequently modified by the court on
     March 16, 2007, against New Century (as modified, the "Ohio TRO").
     New Century stated that the Ohio Complaint and the Ohio TRO contain
     allegations that New Century has engaged in violations of applicable
     Ohio state law, including, among other things, failure to fund mortgage
     loans after closing.  New Century stated that the Ohio TRO restrains New
     Century from taking certain actions, including, among other things, (i)
     engaging in violations of Ohio state law, (ii) soliciting applicants and
     taking new applications for mortgage loans in Ohio and (iii) initiating,
     prosecuting or enforcing foreclosure actions in Ohio.  New Century
     announced that the Ohio TRO also requires New Century to confer with the
     Ohio Attorney General and Division of Commerce by March 22, 2007 regarding
     the treatment of Ohio loans that are more than 60 days delinquent and are
     held for sale.  New Century stated that the restraints imposed by the
     Ohio TRO could further harm New Century's business.  In addition, New
     Century announced that it is reviewing the Ohio Complaint and the Ohio
     TRO and accordingly has not yet determined whether it will appeal all or
     any portion of the Ohio TRO.  Subject to its funding limitations, New
     Century stated that it intends to comply with the Ohio TRO pending any
     appeal.

       According to the March 19th Announcement, New Century announced that
     it anticipates that orders similar to those described above will be
     received by New Century or its subsidiaries from additional states and
     that it intends to continue to cooperate with its regulators in order
     to mitigate the impact on consumers resulting from New Century's funding
     constraints.

       Pursuant to a Form 8-K filed on March 14, 2007 (the "March 14th
     Announcement"), New Century has been engaged in recent ongoing discussions
     with its state regulators regarding New Century's funding constraints and
     the impact on consumers who are in various stages of the loan origination
     process with New Century.  New Century stated that it has advised these
     regulators that it has ceased accepting loan applications and that as of
     March 14, 2007, New Century and its subsidiaries are unable to fund any
     mortgage loans, including mortgage loans for those consumers who were
     already in the loan origination process with New Century.

       According to the March 14th Announcement, on March 13, 2007, New Century
     and certain of its subsidiaries received cease and desist orders from
     regulators in the States of Massachusetts, New Hampshire, New Jersey and
     New York.  New Century stated that the cease and desist orders contain
     allegations that certain of New Century's subsidiaries have engaged in
     violations of applicable state law, including, among others, failure to
     fund mortgage loans after a mortgage closing, failure to meet certain
     financial requirements, including net worth and available liquidity, and
     failure to timely notify the state regulators of defaults and terminations
     under certain of its financing arrangements.

       According to the March 14th Announcement, the cease and desist orders
     seek to restrain the subsidiaries from taking certain actions, including,
     among others, engaging in further violations of state law, taking new
     applications for mortgage loans in the relevant jurisdiction, and paying
     dividends or bonuses to officers, directors or shareholders of the
     applicable subsidiaries.  In addition, the cease and desist orders also
     seek to cause the subsidiaries to affirmatively take certain actions,
     including the creation of escrow accounts to hold fees relating to pending
     mortgage applications, the transfer to other lenders of the outstanding
     mortgage applications and unfunded mortgage loans held by the subsidiaries,
     and the provision of regular information to the state regulators regarding
     the subsidiaries' activities in the applicable state, including the status
     of all outstanding mortgage applications and unfunded mortgage loans in
     that state.  Furthermore, certain of the cease and desist orders also
     require one or more of the subsidiaries to show cause why their license
     should not be revoked or why administrative penalties should not be
     assessed.

       According to the March 14th Announcement, the cease and desist orders
     generally become permanent if not promptly appealed by the applicable
     subsidiaries.  New Century stated that it is reviewing these orders and
     accordingly has not yet determined whether it will appeal all or any
     portion of any of the orders.  New Century announced that, subject to its
     funding limitations, it intends to comply with the orders pending any
     such appeal.

       According to the March 14th Announcement, New Century announced that it
     anticipates that orders similar to those described above will be received
     by New Century or its subsidiaries from additional states and that it
     intends to continue to cooperate with its regulators in order to mitigate
     the impact on consumers resulting from New Century's funding constraints.

       Pursuant to a Form 8-K filed on March 13, 2007 (the "March 13th
     Announcement"), by New Century, New Century received a letter from the
     staff of the Pacific Regional Office of the Securities Exchange Commission
     ("SEC") on March 12, 2007, stating that the staff was conducting a
     preliminary investigation involving New Century and requesting production
     of certain documents.  In addition, New Century stated that the staff of
     the SEC had also previously requested a meeting with New Century to
     discuss the events leading up to the announcement of the restatements
     and New Century intends to comply with the SEC's request.

       In addition, New Century stated in the March 13th Announcement that,
     on February 28, 2007, New Century received a letter from the United States
     Attorney's Office for the Central District of California ("U.S. Attorney's
     Office") indicating that it was conducting a criminal inquiry under the
     federal securities laws in connection with trading in New Century's
     securities, as well as accounting errors regarding New Century's allowance
     for repurchase losses.  New Century also stated that it has subsequently
     received a grand jury subpoena requesting production of certain documents.
     New Century stated that it intends to cooperate with the requests of the
     U.S. Attorney's Office.

       Pursuant to a Form 12b-25 filed on March 2, 2007 (the "March 2nd
     Announcement") by New Century, New Century stated that it had previously
     reported that it had been served with a complaint for a purported
     securities class action and was aware of nine additional purported class
     action lawsuits that had been filed against it and certain of its officers
     and directors alleging certain violations of federal securities laws.

       New Century also stated that since that time, it has become aware of
     four related derivative complaints against certain of its directors and
     officers, making essentially the same allegations as the federal
     securities cases relating to New Century's restatements. New Century
     stated that it believes that the derivative cases have been or will be
     filed in Orange County Superior Court, and that it anticipates that
     similar actions may be filed in the future.


     Item 1119 of Regulation AB, Affiliations and Certain Relationships and
     Related Transactions.

     None.

     Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

     a) See Exhibit 33 and Exhibit 34.

     b) Material instances of noncompliance:

        First American Real Estate Solutions of Texas, L.P. assessed its
        compliance with the Applicable Servicing Criteria for the Reporting
        Period and has identified a material instance of noncompliance with
        the servicing criterion set forth in Section 229.1122(d)(2)(vii)(B)
        of the CFR with respect to the Platform.  Specifically, First American
        Real Estate Solutions of Texas, L.P. did not prepare reconciliations
        for all asset-backed securities related bank accounts within 30 calendar
        days after the bank statement cut-off date or such number of days
        specified in the transaction agreements.

     Item 1123 of Regulation AB, Servicer Compliance Statement.

     See Exhibit 35.

     PART IV

     ITEM 15. Exhibits, Financial Statement Schedules.

     (a) List the following documents filed as a part of the report:

         (1) Not Applicable.

         (2) Not Applicable.

         (3)

           Exhibit 4  Pooling and Servicing Agreement dated as of March 1, 2006
           among GS Mortgage Securities Corp., as depositor, Ocwen Loan
           Servicing, LLC, as servicer, NC Capital Corporation, as responsible
           party, and Deutsche Bank National Trust Company, as trustee
          (incorporated by reference from Exhibit 4.1 of the Current Report
           on Form 8-K of the registrant as filed with the Commission on

           April 14, 2006).

           Exhibit 31 Section 302 Certification.

           Exhibit 33.1 Ocwen Loan Servicing, LLC'S Annual Report on
           Assessment of Compliance for Year End December 31, 2006.

           Exhibit 33.2 Assurant Inc.'s Annual Report on  Assessment of
           Compliance for Year End December 31, 2006.

           Exhibit 33.3 First American Real Estate Solutions of Texas,
           L.P.'s Annual Report on Assessment of Compliance for Year
           End December 31, 2006.

           Exhibit 33.4 Regulus Group LLC's Annual Report on Assessment of
           Compliance for Year End December 31, 2006.

           Exhibit 33.5 Deutsche Bank National Company's Annual Report
           on Assessment of Compliance for Year End December 31, 2006.

           Exhibit 34.1 Attestation Report on Assessment of Compliance
           with Servicing Criteria for Ocwen Loan Servicing, LLC'S Report
           (Exhibit 33.1) for Year End December 31, 2006.


           Exhibit 34.2 Attestation Report on Assessment of Compliance
           With Servicing Criteria for Assurant Inc.'s Report (Exhibit
           33.2) for Year End December 31, 2006.

           Exhibit 34.3 Attestation Report on Assessment of Compliance
           With Servicing Criteria for First American Real Estate
           Solutions of Texas, L.P.'s Report (Exhibit 33.3) for Year
           End December 31, 2006.

           Exhibit 34.4 Attestation Report on Assessment of Compliance
           with Servicing Criteria for Regulus Group LLC's Report
           (Exhibit 33.4) for Year End December 31, 2006.

           Exhibit 34.5 Attestation Report on Assessment of Compliance
           with Servicing Criteria for Deutsche Bank National Company's
           Report (Exhibit 33.5) for Year End December 31, 2006.

           Exhibit 35.1 Ocwen Loan Servicing, LLC'S Annual Statement of
           Compliance for Year End December 31, 2006.

     (b) See (a) above.

     (c) Not Applicable.







                                SIGNATURE

          Pursuant to the requirements of Section 13 or 15(d) of the
          Securities Exchange Act of 1934, the Registrant has duly caused
          this report to be signed on its behalf by the undersigned,
          thereunto duly authorized.


                               By: GS Mortgage Securities Corp.,
                                         as Depositor

                                      By:  /s/ Michelle Gill
                                           Michelle Gill
                                           Vice President


     Date: April 4, 2007








     EXHIBIT INDEX

     Exhibit Document

       4 Pooling and Servicing Agreement dated as of March 1, 2006
         among GS Mortgage Securities Corp., as depositor, Ocwen Loan
         Servicing, LLC, as servicer, NC Capital Corporation, as responsible
         party, and Deutsche Bank National Trust Company, as trustee
         (incorporated by reference from Exhibit 4.1 of the Current Report
         on Form 8-K of the registrant as filed with the Commission on
         April 14, 2006).

      31   Section 302 Certification.

      33.1 Ocwen Loan Servicing, LLC'S Annual Report on Assessment of
           Compliance for Year End December 31, 2006.

      33.2 Assurant Inc.'s Annual Report on  Assessment of Compliance for Year
           End December 31, 2006.

      33.3 First American Real Estate Solutions of Texas, L.P.'s Annual Report
           on Assessment of Compliance for Year End December 31, 2006.

      33.4 Regulus Group LLC's Annual Report on Assessment of Compliance for
           Year End December 31, 2006.

      33.5 Deutsche Bank National Company's Annual Report on Assessment of
           Compliance for Year End December 31, 2006.

      34.1 Attestation Report on Assessment of Compliance with Servicing
           Criteria for Ocwen Loan Servicing, LLC'S Report (Exhibit 33.1)
           for Year End December 31, 2006.

      34.2 Attestation Report on Assessment of Compliance With Servicing
           Criteria for Assurant Inc.'s Report (Exhibit 33.2) for Year End
           December 31, 2006.

      34.3 Attestation Report on Assessment of Compliance With Servicing
           Criteria for First American Real Estate Solutions of Texas, L.P.'s
           Report (Exhibit 33.3) for Year End December 31, 2006.

      34.4 Attestation Report on Assessment of Compliance with Servicing
           Criteria for Regulus Group LLC's Report (Exhibit 33.4) for Year
           End December 31, 2006.

      34.2 Attestation Report on Assessment of Compliance with Servicing
           Criteria for Deutsche Bank National Company's Report (Exhibit 33.2)
           for Year End December 31, 2006.

      35.1 Ocwen Loan Servicing, LLC'S Annual Statement of Compliance for
           Year End December 31, 2006.