Beat first 11 ingredients at low speed with an electric mixer 1 to 2 minutes or until blended. Stir in walnuts and raisins. Pour batter into 2 (9- x 5-inch) dark, nonstick loafpans coated with cooking spray.
Bake at 350° for 55 minutes or until a wooden pick inserted in center comes out clean. Cool loaves in pans on wire racks 15 minutes; remove from pans, and let cool completely. Drizzle bread with Orange Glaze, if desired.
Note: For light, shiny loafpans, bake 1 hour and 5 minutes or until a wooden pick inserted in center comes out clean.
Holiday Pumpkin Muffins: Spoon batter evenly (about 1/4 cup each) into lightly greased muffin pans. Bake at 350° for 20 to 25 minutes. Remove from pans immediately; cool on wire racks. Makes 3 dozen.