Cook in a double boiler 10 minutes, stirring constantly. To prepare the frosting, beat cream cheese, butter or margarine, orange peel, and orange juice until creamy. Beat in confectioner s sugar until blended and smooth. Bring butter and eggs to room temperature. In large mixer bowl, beat butter on medium speed of electric mixer about 1 minute.
Scrape bowl frequently.
Gently stir in figs and pecans. 3-inch greased and floured loaf pan. Bake at 325 degrees for 60 minutes or until wooden pick inserted near center comes clean. Cool 15 minutes in pan.