New answers tagged parking-brake
Seems the internal mechanism had failed. In my case, I had the calliper replaced by the dealer (they have proven themselves trusted, competent and pragmatic in the past).
Is the cable jacketed? If it is it may be broken inside the jacket.
Sounds like the the parking brake mechanism that pushes against the parking brake pads has seized, probably due to wear/corrosion/brakedust. I would take it apart and apply a very thin amount of high temp anti-seize to the joints. If this is the case you might also feel the brake shudder at certain speeds too because it should be the same as driving around ...
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