Official word on loot?

So from my own experience and other players, it seems that loot is every very very VERY rare or is bugged right now. We know it was bugged the other day and many loot spawns were not working, then apparantley it was fixed. Then the servers came down and it broke again.

Is it possible for the devs to give us an update with the current status of loot in the game so far, as running around checking EVERYWHERE for loot and finding nothing, not even a scrap of cloth, is a bit disheartening and makes you want to log out.