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

                                   FORM 10-K/A
                                 Amendment No. 2

[X]     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934 for the fiscal year ended December 31, 2006
                                       OR
[ ]     TRANSITION REPORT  PURSUANT TO  SECTION  13 OR 15(d) OF  THE  SECURITIES
        EXCHANGE ACT OF 1934 for the transition period from           to


                                           Commission File Number: 333-132809-05

                         GSR Mortgage Loan Trust 2006-4F
           (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)

                                                          65-1278490,
         New York                                 65-1278493, 65-1278494
(State or other jurisdiction of            (I.R.S. Employer Identification No.
incorporation or organization                     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)

     Issuing entity's telephone number, including area code: (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 (229.405 of this chapter) is not contained  herein,  and will
not be contained,  to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this 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, a non-accelerated filer, or a smaller reporting company.
See the definitions of "large accelerated filer," "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange Act.

       Large accelerated filer   [ ]
       Accelerated filer         [ ]
       Non-accelerated filer [X] (Do not check if a smaller reporting company)
       Smaller reporting company [ ]

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

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 last business day of the registrant's most recently  completed second fiscal
quarter.   Not Applicable.

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.  Not Applicable.

                       DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the part
of the Form  10-K/A  (e.g.,  Part I, Part II,  etc.) into which the  document is
incorporated:  (1)  Any  annual  report  to  security  holders;  (2)  Any  proxy
information statement;  and, (3) Any prospectus filed pursuant to Rule 424(b) or
(c) under the  Securities Act of 1933.  The listed  documents  should be clearly
described for identification  purposes (e.g.,  annual report to security holders
for fiscal year ended date December 24, 1980).  Not Applicable


<PAGE>


                                     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 Operations.

         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, the parent of Home123 Corporation
("Home123"), one of the original loan sellers, 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.



<PAGE>

                                    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 ITEMS 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 Financial 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,  the parent of Home123,  one of
the original loan sellers,  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.

<page>

Item 1119 of Regulation AB:   Affiliations and Certain Relationships
                              and Related Transactions

Provided previously in the prospectus supplement of the Registrant relating
to the issuing entity and filed pursuant to Rule 424 of the Securities Act of
1933, as amended.


Item 1122 of Regulation AB:   Compliance with Applicable Servicing Criteria

(a) See Exhibits 33 and 34.

(b)  Material instances of noncompliance:

Avelo  Mortgage,  L.L.C.  has  complied,  in all  material  respects,  with  the
applicable  servicing  criteria  as of and for the  Reporting  Period  except as
follows:

    Avelo Mortgage, L.L.C. assessed its compliance with the Applicable Servicing
    Criteria for the Reporting Period and has identified a material instance of
    non-compliance with servicing  criterion set forth in Item  1122(d)(2)(vii)
    of  Regulation  AB  with  respect  to  the  Platform.  Specifically,  Avelo
    Mortgage,  L.L.C.  did not  prepare  reconciliations  for all  asset-backed
    securities  related bank  accounts  within 30 calendar  days after the bank
    statement cut-off date, or as such other number of days as specified in the
    transaction  agreements and  reconciling  items were not resolved within 90
    days of their  original  identification  or such  other  number  of days as
    specified in the transaction agreements.

    On or about March 11, 2008, Avelo provided the Registrant with a revised
    management's assessment of compliance with servicing criteria set forth in
    Item 1122(d) of Regulation AB (the "Revised Assessment"). This Revised
    Assessment is attached as Exhibit 33.6 to this report.

GreenPoint  Mortgage  Funding,  Inc. has identified the following  noncompliance
with  servicing  criteria   1122(d)(1)(i),   1122(d)(2)(iv)  and  1122(d)(3)(ii)
applicable to the Platform during the year ended December 31, 2006, as follows:

    1122(d)(1)(i) GreenPoint Mortgage Funding, Inc. did not institute policies
    and procedures to monitor performance or other triggers and events of
    defaults in accordance with the transaction agreements.

    1122(d)(2)(iv) GreenPoint Mortgage Funding, Inc. did not establish separate
    P&I and T&I accounts for certain securitizations which allowed funds to be
    commingled in various custodial accounts.

    1122(d)(3)(ii) In certain situations where GreenPoint Mortgage Funding, Inc.
    has received  mortgage  insurance  proceeds  prior  to the  liquidation of
    the related properties, the mortgage insurance proceeds were not remitted at
    the time of the next regularly scheduled remittance date as required by the
    transaction  agreements,  but instead  remained  in the  related  custodial
    account and were  remitted at the time the REO  liquidation  proceeds  were
    remitted to GreenPoint Mortgage Funding, Inc.

During the Reporting Period, the JPMorgan Chase Bank, National  Association,  as
Master  Servicer,  Securities  Administrator  and Custodian,  has identified the
following  material  instances of  noncompliance  with the Applicable  Servicing
Criteria:

    CFR Item 1122(d)(3)(i): Certain monthly investor reports omitted
    information required by the transaction agreements and/or contained errors
    in the information presented.

    CFR Item 1122(d)(3)(ii): Certain monthly investor distributions contained
    errors as to amounts due to certain investors.

Assurant, Inc. has identified the following instances of noncompliance:

     Assurant, Inc. previously  excluded the applicable  servicing criteria set
     forth in 1122 (d)(4)(xii) from the scope of its assessment of compliance.
     Assurant, Inc. has now assessed its compliance with the Applicable
     Servicing Criteria for the Reporting Period and has identified a material
     instance of noncompliance with that servicing criterion. Specifically,
     Assurant, Inc. did not have, during the Reporting Period, sufficient
     policies and procedures to capture the information with respect to the
     Platform Transactions necessary to determine compliance with
     1122(d)(4)(xii). Accordingly, Assurant, Inc. has restated its previous
     assessment for the Reporting Period, which excluded evaluation of the
     criterion, to include the criterion and reflect the material noncompliance
     as a result of its assessment.

     On or about March 11, 2008, Assurant, Inc. provided the Registrant with
     a management's assessment of compliance with servicing criteria set forth
     in Item 1122(d) of Regulation AB and a registered public accounting firm
     assessment as set forth in Item 1122(b) of Regulation AB (the "Assurant
     Reports"). The Assurant Reports are attached as Exhibit 33.10 and
     Exhibit 34.10, respectively, to this report.

Item 1123 of Regulation AB, Servicer Compliance Statement

(a)  See Exhibit 35.

<page>

                                    PART IV

Item 15. Exhibits, Financial Statement Schedules.

(a) The following documents are filed as part of this report:

    (1)  Not Applicable.

    (2)  Not Applicable.

    (3)  The exhibits filed in response to Item 601 of Regulation S-K are
         listed in the Exhibit Index

(b) The exhibits filed in response to Item 601 of Regulation S-K
    are listed in the Exhibit Index.

(c) Not Applicable

<page>


SIGNATURES

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:     /s/ Michelle Gill
       -------------------------------------
Name:  Michelle Gill, Vice President
       (senior officer in charge of securitization of the depositor)

Date:  May 30, 2008


<page>
                                 EXHIBIT INDEX
Exhibit No.

4.1  Master Servicing and Trust  Agreement,  dated as of April 1, 2006, among GS
     Mortgage  Securities  Corp.,  as depositor,  JPMorgan  Chase Bank,  N.A. as
     securities administrator and master servicer, JPMorgan Chase Bank, N.A., as
     a custodian, Deutsche Bank National Trust Company, as a custodian, and U.S.
     Bank National  Association,  as trustee (Filed as Exhibit 4.5.1 to Form 8-K
     on May 12, 2006, and incorporated by reference herein.)

4.2  Standard Terms to Master Servicing and Trust Agreement (April 2006 Edition)
     (Filed as Exhibit 4.5.2 to Form 8-K on May 12, 2006,  and  incorporated  by
     reference herein.)

4.3  Trust Agreement for Exchangeable  Certificates,  dated as of April 1, 2006,
     among GS Mortgage  Securities  Corp.,  as  depositor,  U.S.  Bank  National
     Association,  as Trustee, and JPMorgan Chase Bank, N.A., as master servicer
     and securities administrator (Filed as Exhibit 4.5.3 to Form 8-K on May 12,
     2006, and incorporated by reference herein.)

4.4  Form of Publicly Offered  Certificates (Filed as Exhibit 4.6 to Form 8-K on
     May 12, 2006, and incorporated by reference herein.)

10.1 Servicing  Agreement  dated  as of  July 1,  2004,  between  Goldman  Sachs
     Mortgage Company, as purchaser, and Countrywide Home Loans Servicing LP, as
     servicer  (Filed  as  Exhibit  99.1  to  Form  8-K on  May  12,  2006,  and
     incorporated by reference herein.)

10.2 Amendment  Reg AB, dated as of January 1, 2006,  between GS Mortgage  Corp.
     and Countrywide Home Loans,  Inc. (Filed as Exhibit 99.2 to Form 8-K on May
     12, 2006, and incorporated by reference herein.)

10.3 Flow Servicing  Agreement  dated as of May 1, 2005, by and between GSMC, as
     purchaser and  Countrywide  Home Loans  Servicing LP, as servicer (Filed as
     Exhibit 99.3 to Form 8-K on May 12,  2006,  and  incorporated  by reference
     herein.)

10.4 Assignment, Assumption and Recognition Agreement dated as of April 1, 2006,
     by and among GSMC, GS Mortgage  Securities Corp. and Countrywide Home Loans
     Servicing  LP, as  servicer  (Filed as Exhibit  99.4 to Form 8-K on May 12,
     2006, and incorporated by reference herein.)

10.5 Assignment, Assumption and Recognition Agreement dated as of April 1, 2006,
     by and among GSMC, GS Mortgage Securities Corp. and Countrywide Home Loans,
     Inc., as a seller  (Filed as Exhibit 99.5 to Form 8-K on May 12, 2006,  and
     incorporated by reference herein.)

10.6 Assignment, Assumption and Recognition Agreement dated as of April 1, 2006,
     by and among GS Mortgage Securities Corp., U.S. Bank National  Association,
     Countrywide  Home  Loans,  Inc.,  as  seller,  and  Countrywide  Home Loans
     Servicing LP, as servicer, and as acknowledged by JPMorgan Chase Bank, N.A.
     (Filed as Exhibit 99.6 to Form 8-K on May 12,  2006,  and  incorporated  by
     reference herein.)

10.7 Conduit Assignment,  Assumption and Recognition Agreement dated as of April
     1, 2006, by and among GSMC, GS Mortgage  Securities  Corp. and  Countrywide
     Home Loans Servicing LP (Filed as Exhibit 99.7 to Form 8-K on May 12, 2006,
     and incorporated by reference herein.)

10.8 Conduit Assignment,  Assumption and Recognition Agreement dated as of April
     1, 2006,  by and among GS Mortgage  Securities  Corp.,  U.S.  Bank National
     Association  and as  acknowledged  by JPMorgan Chase Bank,  N.A.  (Filed as
     Exhibit 99.8 to Form 8-K on May 12,  2006,  and  incorporated  by reference
     herein.)

10.9 Flow Servicing  Agreement dated as of January 1, 2006, by and between GSMC,
     as Owner, and Avelo Mortgage, L.L.C., as Servicer (Filed as Exhibit 99.9 to
     Form 8-K on May 12, 2006, and incorporated by reference herein.)

10.10 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006, by and among GSMC, GS Mortgage  Securities  Corp. and Avelo Mortgage,
     L.L.C.,  as servicer  (Filed as Exhibit  99.10 to Form 8-K on May 12, 2006,
     and incorporated by reference herein.)

10.11 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006,  by and  among GS  Mortgage  Securities  Corp.,  U.S.  Bank  National
     Association  and as  acknowledged  by JPMorgan Chase Bank,  N.A.  (Filed as
     Exhibit 99.11 to Form 8-K on May 12, 2006,  and  incorporated  by reference
     herein.)

10.12 Amended  and  Restated  Flow  Sale and  Servicing  Agreement,  dated as of
     January 1, 2006, by and between GSMC, as Initial  Owner,  and GMAC Mortgage
     Corporation,  as  Company  (Filed as  Exhibit  99.12 to Form 8-K on May 12,
     2006, and incorporated by reference herein.)

10.13 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006, by and among GSMC,  GS Mortgage  Securities  Corp.  and GMAC Mortgage
     Corporation,  as seller and servicer (Filed as Exhibit 99.13 to Form 8-K on
     May 12, 2006, and incorporated by reference herein.)

10.14 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006,  by and  among GS  Mortgage  Securities  Corp.,  U.S.  Bank  National
     Association and GMAC Mortgage Corporation,  as seller and servicer,  and as
     acknowledged  by JPMorgan Chase Bank,  N.A. (Filed as Exhibit 99.14 to Form
     8-K on May 12, 2006, and incorporated by reference herein.)

10.15 Servicing Agreement, dated as of November 1, 2005, by and between GSMC, as
     Owner, and GreenPoint Mortgage Funding, Inc., as Servicer (Filed as Exhibit
     99.15 to Form 8-K on May 12, 2006, and incorporated by reference herein.)

10.16 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006,  by and among  GSMC,  GS Mortgage  Securities  Corp.  and  GreenPoint
     Mortgage  Funding,  Inc., as seller and servicer (Filed as Exhibit 99.16 to
     Form 8-K on May 12, 2006, and incorporated by reference herein.)

10.17 Assignment,  Assumption  and  Recognition  Agreement  dated as of April 1,
     2006,  by and  among GS  Mortgage  Securities  Corp.,  U.S.  Bank  National
     Association and GreenPoint Mortgage Funding,  Inc., as seller and servicer,
     and as acknowledged by JPMorgan Chase Bank, N.A. (Filed as Exhibit 99.17 to
     Form 8-K on May 12, 2006, and incorporated by reference herein.)

31.1 Rule 13a-14(d)/15d-14(d) Certification

33.1 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December  31,  2006  of The  Bank  of New  York  Trust  Company,  N.A.,  as
     Securities Administrator

33.2 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of JPMorgan Chase Bank, N.A., as Securities Administrator

33.3 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Deutsche Bank National Trust Company, as Custodian

33.4 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of JPMorgan Chase Bank, N.A., as Custodian

33.5 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of JPMorgan Chase Bank, N.A., as Master Servicer

33.6 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Avelo Mortgage, L.L.C., as Servicer

33.7 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Countrywide Home Loans Servicing LP, as Servicer

33.8 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of GMAC Mortgage Corporation, as Servicer

33.9 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of GreenPoint Mortgage Funding, Inc., as Servicer

33.10  Report on Assessment of Compliance with Servicing Criteria for Year End
     December 31, 2006 of Assurant, Inc., as Vendor for Avelo Mortgage, L.L.C.,
     as Servicer

34.1 Attestation Report of Independent Registered Public Accounting Firm for The
     Bank of New York

34.2 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     JPMorgan Chase Bank, N.A.

34.3 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Deutsche Bank National Trust Co., as Custodian

34.4 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     JPMorgan Chase Bank, N.A., as Custodian

34.5 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     JPMorgan Chase Bank, N.A., as Master Servicer

34.6 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Avelo Mortgage, L.L.C., as Servicer

34.7 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Countrywide Home Loans Servicing LP, as Servicer

34.8 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     GMAC Mortgage Corporation, as Servicer

34.9 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     GreenPoint Mortgage Funding, Inc., as Servicer

34.10  Attestation Report of Independent Registered Public Accounting Firm for
     Assurant, Inc., as Vendor for Avelo Mortgage, L.L.C., as Servicer

35.1 Servicer  Compliance  Statement  for JPMorgan  Chase Bank,  N.A., as Master
     Servicer

35.2 Servicer Compliance Statement for Avelo Mortgage, L.L.C., as Servicer

35.3 Servicer  Compliance  Statement for Countrywide Home Loans Servicing LP, as
     Servicer

35.4 Servicer Compliance Statement for GMAC Mortgage Corporation, as Servicer

35.5 Servicer  Compliance  Statement for GreenPoint  Mortgage Funding,  Inc., as
     Servicer