MawMaw's Old-Fashioned Bread Pudding with Vanilla Sauce

• 4 cups (8 slices) cubed white bread 

• 1/2 cup raisins 

• 2 cups milk 

• 1/4 cup butter 

• 1/2 cup sugar 

• 2 eggs, slightly beaten 

• 1 tablespoon vanilla 

• 1/2 teaspoon ground nutmeg 

 Sauce Ingredients: 

• 1/2 cup butter 

• 1/2 cup sugar 

• 1/2 cup firmly packed brown sugar 

• 1/2 cup heavy whipping cream 

• 1 tablespoon vanilla 

 Directions for Pudding: 

Heat oven to 350°F. Combine bread and raisins in large bowl. Combine milk and 1/4 cup butter in 1-quart saucepan. Cook over medium heat until butter is melted (4 to 7 minutes). Pour milk mixture over bread; let stand 10 minutes. Stir in all remaining pudding ingredients. Pour into greased 1 1/2-quart casserole. Bake for 40 to 50 minutes or until set in center. Directions for Sauce: Combine all sauce ingredients except vanilla in 1-quart saucepan. Cook over medium heat, stirring occasionally, until mixture thickens and comes to a full boil (5 to 8 minutes). Stir in vanilla. To serve, spoon warm pudding into individual dessert dishes; serve with sauce. Store refrigerated