Derek, on NH compacts, all the hydraulic flow goes through the loader valve before going to the 3PH if a loader is installed. Your loader valve is open-center and the fluid should flow right through. Does the screeching stop when you use the FEL? I'm thinking the screeching might be internal, but it also could be high frequency vibrations. If you can hold your hand on the side of the valve (not the joystick) and cause the sound to decrease or stop, you might find something vibrating against other metal and causing the screeching sound. When the fluid warms up, the metal expands and screeching stops. However, if you move the joystick slightly and the screeching stops, it's probably an internal part that is vibrating.