Could be the brake cable, they corrode easily or it could be the caliper, they too corrode easily. If the caliper is malfunctioning, you'll find the brake pad not being released properly. Same can be said for the brake cable, if its corroded it won't allow the cable to release properly. I had my cable replaced, fixed the problem with the hand brake, but later found I had a bad caliper, so replaced them both with Ford OEM rear calipers, problem solved.