I just posted a similar response to something that would cause the same problem.
When the cab is in the air, what do you see on the hydraulic pump (the one rite at the front)? do you see a square block sitting on top with 5 hoses connected or is there a large hose that runs to a block near the throttle lever?
If it was just the motor, it would have a hard time steering one way, not both ways.
What oil are you running?
Check the oil cooler too.
The early 743's had a hidden oil filter that causes havoc. Just like your problem, it runs fine till it warms and squeals like a stuck pig when trying to turn. Has a massive lack of power. BUT this doesn't cause any problems to your hydraulics.
Wither way, let me know if it has the square block and if so, i will tell you where the filter is and how to get it.