I played it launch and platinumed it. Beat every horde and never had any issues. The only time i got framerate issues was when i wnt to the second area and all of a sudden framerate started stuttering but only when driving and it wasn't all the time.
Its clearly a streaming issue because i beat a thousand man horde with no fps drops.
It most definitely is streaming issues - there's a crazy amount of pop in and the game would straight up pause at times so things could catch up while you were on the bike. It goes worse when you upgraded the speed too. The performance on foot was pretty much fine but then you're dealing with the absurdly low FoV which completely gimps the scale of the visuals and feels claustrophobic.