Cheesy Beef Stroganoff

1 lb. ground beef
2 cups water
3 cups medium egg noodles, uncooked
1/2 lb. Velveeta, cut into 1/2-inch cubes
1 can condensed cream of mushroom soup
1/4 tsp. black pepper

Brown meat in large skillet, drain.  Stir in water; bring to boil.  Stir in noodles; cover.  Simmer on medium-low heat for 8 minutes or until noodles are tender.  Add Velveeta, soup and pepper; cook 5 minutes or until Velveeta is melted and mixture is well blended, stirring frequently.