Yes, mine did the same thing. If our circumstances are the same, then the problem is with the adjustment arm. The loader has 2 inner support arms that extend from the back to the front mounting brackets. Those arms have 2 adjusting bolts (#12 on the diagram below) on each side of the tractor that can slide out of place when you bump something hard enough with the front loader support tube.
To fix it, loosen those 4 bolts (2 on each side), and slide the front half of the mounting structure away from the back half. I tried various ways to do this, but what worked very well was to use a long, pointed pry bar inserted in a small gap near where the front and back sections meet (just in front of those 2 bolts). I was able to slide the rear masts (parts #13 & 14 in the diagram) back as far as they would go and then tighten the 4 bolts. The loader now works like new!
You might also want to check the front engaging latches to be sure they're both in the locked position. Mine weren't.