The Anthem team has heard the tidal wave of complaints about the endgame loot system. On Friday afternoon, a new patch was launched that makes the "loot drop rate in specific scenarios" much better. The patch was launched without the need to download anything as the tuning updates were server-side.
Masterwork & Legendary drop rates have been increased for Grandmaster 2 and Grandmaster 3 difficulty levels.
Chad's post on Twitter last weekend, the team is planning to make significant changes to loot in the coming months, but we're starting with some incremental changes (like today's) so we can better navigate that evolution."
Read the full post and the community reaction on the Anthem Reddit.