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 11, 2002



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


          Delaware                     333-68812               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

                  The Registrant 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.
333-68812) (the "Registration Statement"). The Securities and Exchange
Commission declared this Registration Statement effective at 9:30AM on
November 2, 2001. This Current Report on Form 8-K discloses the use of a
term sheet (the "Term Sheet") prepared by the Registrant for a proposed
offering of approximately $457,360,000 of Mortgage Pass-Through
Certificates, Series 2002-1 pursuant to the Registration Statement. This
transaction is expected to close on February 21, 2002. This Term Sheet is
filed as Exhibit 99.


                                 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/  Jay F. Strauss
                                                -------------------------------
                                                Name:   Jay F. Strauss
                                                Title:  Secretary

Dated: February 12, 2002


                               EXHIBIT INDEX

Exhibit No.       Description

    99            Term Sheet as prepared by the Registrant for a proposed
                  offering of approximately $457,360,000 of Mortgage
                  Pass-Through Certificates, Series 2002-1 pursuant to the
                  Registration Statement.
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{"company-data": {"conformed-name": "GS MORTGAGE SECURITIES CORP", "cik": "0000807641", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-10677", "film-number": "02538390"}, "business-address": {"street1": "85 BROAD STREET", "city": "NEW YORK", "state": "NY", "zip": "10004"}, "mail-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 11, 2002

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

          Delaware                     333-68812               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

                  The Registrant 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.
333-68812) (the "Registration Statement"). The Securities and Exchange
Commission declared this Registration Statement effective at 9:30AM on
November 2, 2001. This Current Report on Form 8-K discloses the use of a
term sheet (the "Term Sheet") prepared by the Registrant for a proposed
offering of approximately $457,360,000 of Mortgage Pass-Through
Certificates, Series 2002-1 pursuant to the Registration Statement. This
transaction is expected to close on February 21, 2002. This Term Sheet is
filed as Exhibit 99.

                                 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/  Jay F. Strauss
                                                -------------------------------
                                                Name:   Jay F. Strauss
                                                Title:  Secretary

Dated: February 12, 2002

                               EXHIBIT INDEX

Exhibit No.       Description

    99            Term Sheet as prepared by the Registrant for a proposed
                  offering of approximately $457,360,000 of Mortgage
                  Pass-Through Certificates, Series 2002-1 pursuant to the
                  Registration Statement.