SECURITIES AND EXCHANGE COMMISSION

                             Washington, DC 20549

                                   Form 8-K

                                CURRENT REPORT

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

      Date of Report (Date of earliest event reported) February 27, 2003



                         GS Mortgage Securities Corp.
            (Exact name of registrant as specified in its charter)


           Delaware                   333-100818               13-6357101
  ---------------------------        -----------          -------------------
 (State or Other Jurisdiction        (Commission           (I.R.S. Employer
       of Incorporation)              File No.)           Identification No.)



                                85 Broad Street
                              New York, NY 10004
              (Address of Principal Executive Offices) (Zip Code)



                                (212) 902-1000
                        Registrant's telephone number,
                              including area code



                                Not Applicable
         (Former name or former address, if changed since last report)





Item 5.  Other Events

         GS Mortgage Securities Corp. (the "Registrant" or the "Company")
registered issuances of Securities on a delayed or continuous basis pursuant
to Rule 415 under the Securities Act of 1933 by a Registration Statement on
Form S-3 (Registration File No. 333-100818) (the "Registration Statement").
The Securities and Exchange Commission declared this Registration Statement
effective at 10:30AM on December 2, 2002. This Current Report on Form 8-K
discloses the use of Structural Term Sheets (as defined in the no-action
letter issued by the staff of the Securities and Exchange Commission on March
9, 1995 to the Public Securities Association) furnished to the Company by
Goldman, Sachs & Co. in respect of the Company's proposed offering of
approximately $638,911,100 of Mortgage Pass-Through Certificates, Series
2003-1 (the "Certificates").

         The Certificates will be offered pursuant to a Prospectus and related
Prospectus Supplement (together, the "Prospectus"), which will be filed with
the Commission pursuant to Rule 424 under the Securities Act of 1933, as
amended (the "Act"). The Certificates will be registered pursuant to the Act
under the Registration Statement. This transaction closed on February 27,
2003. The Company hereby incorporates the attached Structural Term Sheets by
reference in the Registration Statement.

         Any statement or information contained in the attached Structural
Term Sheets shall be deemed to be modified or superseded for purposes of the
Prospectus and the Registration Statement by statements or information
contained in the Prospectus.

Item 7.  Financial Statements and Exhibits

         A description of the Exhibit filed herewith is attached hereto.


                                   SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                            GS Mortgage Securities Corp.

                                            By:  /s/ Samuel Ramos
                                               -------------------------------
                                               Name:   Samuel Ramos
                                               Title:  Secretary

Dated: February 27, 2003



                                 EXHIBIT INDEX

Exhibit No.                      Description

    99                           Structural Term Sheets as prepared by
                                 Goldman, Sachs & Co. for an offering of
                                 approximately $638,911,100 of Mortgage
                                 Pass-Through Certificates, Series 2003-1
                                 pursuant to the Registration Statement
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{"company-data": {"conformed-name": "GS MORTGAGE SECURITIES CORP MORT PAS THRU CRTS SRIES 2003-1", "cik": "0001219665", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-100818-03", "film-number": "03583673"}, "business-address": {"street1": "85 BROAD STREET", "city": "NEW YORK", "state": "NY", "zip": "10004"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, DC 20549

                                   Form 8-K

                                CURRENT REPORT

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

      Date of Report (Date of earliest event reported) February 27, 2003

                         GS Mortgage Securities Corp.
            (Exact name of registrant as specified in its charter)

           Delaware                   333-100818               13-6357101
  ---------------------------        -----------          -------------------
 (State or Other Jurisdiction        (Commission           (I.R.S. Employer
       of Incorporation)              File No.)           Identification No.)

                                85 Broad Street
                              New York, NY 10004
              (Address of Principal Executive Offices) (Zip Code)

                                (212) 902-1000
                        Registrant's telephone number,
                              including area code

                                Not Applicable
         (Former name or former address, if changed since last report)

Item 5.  Other Events

         GS Mortgage Securities Corp. (the "Registrant" or the "Company")
registered issuances of Securities on a delayed or continuous basis pursuant
to Rule 415 under the Securities Act of 1933 by a Registration Statement on
Form S-3 (Registration File No. 333-100818) (the "Registration Statement").
The Securities and Exchange Commission declared this Registration Statement
effective at 10:30AM on December 2, 2002. This Current Report on Form 8-K
discloses the use of Structural Term Sheets (as defined in the no-action
letter issued by the staff of the Securities and Exchange Commission on March
9, 1995 to the Public Securities Association) furnished to the Company by
Goldman, Sachs & Co. in respect of the Company's proposed offering of
approximately $638,911,100 of Mortgage Pass-Through Certificates, Series
2003-1 (the "Certificates").

         The Certificates will be offered pursuant to a Prospectus and related
Prospectus Supplement (together, the "Prospectus"), which will be filed with
the Commission pursuant to Rule 424 under the Securities Act of 1933, as
amended (the "Act"). The Certificates will be registered pursuant to the Act
under the Registration Statement. This transaction closed on February 27,
2003. The Company hereby incorporates the attached Structural Term Sheets by
reference in the Registration Statement.

         Any statement or information contained in the attached Structural
Term Sheets shall be deemed to be modified or superseded for purposes of the
Prospectus and the Registration Statement by statements or information
contained in the Prospectus.

Item 7.  Financial Statements and Exhibits

         A description of the Exhibit filed herewith is attached hereto.

                                   SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                            GS Mortgage Securities Corp.

                                            By:  /s/ Samuel Ramos
                                               -------------------------------
                                               Name:   Samuel Ramos
                                               Title:  Secretary

Dated: February 27, 2003

                                 EXHIBIT INDEX

Exhibit No.                      Description

    99                           Structural Term Sheets as prepared by
                                 Goldman, Sachs & Co. for an offering of
                                 approximately $638,911,100 of Mortgage
                                 Pass-Through Certificates, Series 2003-1
                                 pursuant to the Registration Statement